Tag: carbon

Klaveness Combination Carriers (KCC) announced that it has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding for the construction of three third generation (CABU III) vessels.

COSCO SHIPPING Heavy Industry (Yangzhou) started to build the second 700TEU electric container ship (N998) owned by COSCO SHIPPING Development, in the presence of the shipowner, ship survey authority, maritime department, and shipyard.

Captura, a carbon removal company founded at Caltech, and AltaSea at the Port of Los Angeles announced their partnership that will further advance ocean-climate solutions.

Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material.

Watson Farley & Williams (WFW), has issued a report which explores how sustainability squares with new geopolitical challenges such as the war in Ukraine. Among many key findings, the report reveals that industry stakeholders consider carbon trading and carbon offsets as a catalyst for emissions reductions.

Woods Hole Oceanographic Institution published a video in which the company searches for ways to enhance processes so the ocean pulls more carbon out of the atmosphere to help slow climate change. However, little is known about the consequences.

The CII is growing in power in the sale and purchase market. At the moment, this is most visible in the liquidity of vessels, explains VesselsValue's expert Simon Rowse.

On March 16th, the European Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was announced by President von der Leyen as a part of the Green Deal Industrial Plan.

Hyundai Samho Heavy Industries Co. and HJ Shipbuilding & Construction Co. (HJSC) have ordered seven and two MAN B&W G80ME-LGIM dual-fuel engines in connection with the construction of 9 × 9,000 teu container vessels for HMM Co.

BP’s Statistical Review of World Energy 2021 revealed that the COVID-19 pandemic had a dramatic impact on energy markets.