Findings suggest conversion rises emission intensity between 13.7% and 32.6% over new construction based on data from vessels in the Avance Gas Holding fleet.
UK government Clean Maritime Demonstration Competition awarded 55 maritime projects more than £23 million in match-funding operation to local innovators.
Expects estimated fuel savings of USD 302.31 million, equivalent to carbon emissions reduction of 1.6 million tonnes, over vessels’ lifecycle, says tech provider.
Prometheus Fuels’ technology will address a key constraint for carbon based electrofuels, namely the cost competitiveness of direct air capture, says Maersk.
Orders newbuildings from Nihon Shipyard Co., Ltd, Shin Kurushima Dockyard Co.Ltd., and China Merchants Jinling Shipyard (NANJING) Co.,Ltd.
NYK will acquire knowledge of the carbon credit creation business and aim to expand its business in Australia and other regions such as the United States.
Agreement aimed at developing ammonia-fuelled vessels with 4-stroke auxiliary engines for future newbuild projects.
New venture able to arrange bunkering at the ports of Colombo and Galle, as well as bunkering at anchorage at Hambantota, says Inchcape Shipping Services.
Partnership will see the creation of a new battery plant; integrating respective battery, cell, module testing and manufacturing processes.
Oil major commits a contract to Singapore company Penguin International Limited to design, build and operate at least three fully-electric ferries.
