Tag: CO2

Mitsubishi Shipbuilding held a keel laying ceremony marking the start of construction for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjunction with initiatives by the New Energy and Industrial Technology Development Organization (NEDO) for its demonstration projects.

Cory and Northern Lights have today announced a Memorandum of Understanding (MoU) to collaborate on the realization of a major carbon capture and storage (CCS) project between the UK and Norway.

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP) from the Japanese classification society ClassNK for joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.

TotalEnergies, an energy company, has launched a worldwide drone-based emissions detection and quantification campaign across all its upstream Oil & Gas operated sites.

MO4 has won a 10-year contract with North Star for its new digital twin and artificial intelligence (AI) decision support software package which will provide operational data analytics for North Star’s four hybrid service operations vessels (SOVs).

The upcoming entry into force of the EU ETS and CII regulations, part of the ambitious EU environmental agenda aiming to reduce emissions from shipping, is expected to redefine the current landscape of communication between shipowners and charterers, argued Mr. Panos Zachariadis, Technical Director, Atlantic Bulk Carriers Management Ltd., during the 2022 GREEN4SEA Forum that took place in late April.

While there has been some recent progress in the fight against shipping emissions, there are still serious challenges, relating to cost and lack of compliance with standards, noted Keith B. Letourneau, Partner Maritime, BLANKROME, at the 2022 GREEN4SEA Forum, warning that without mandatory reductions, GHG emissions from the maritime sector could increase between 50-250% by 2050.

Pacific Basin, a dry bulk shipping company, signed a memorandum of understanding with Nihon Shipyard and Mitsui, to cooperate in the development of zero-emission vessels and investment in related bunkering infrastructure.

CMA CGM and PSA Singapore signed a Memorandum of Understanding to jointly create and implement sustainable solutions relating to CMA CGM’s port and terminal handling activities in Singapore, through the joint venture partnership in CMA CGM-PSA Lion Terminal (CPLT).

Korean Register (KR) has awarded Singapore-based Marine Technology Solution Pte Ltd a Type Approval certificate for their direct and continuous CO2 emission measurement system called Carbon Lens.