Framework contract will run for a period of four years and currently covers 22 countries in the Mediterranean, Black and Caspian Seas.
CO2 emissions and EEOI reference values initially covers standard Baltic vessels trading on dry bulk routes for which it provides spot freight assessments.
Tests expected to complete by the end of August to confirm suitability of produced oil for power and marine end-user markets as bunker fuel.
Mitsubishi Shipbuilding, “K” Line, and ClassNK installs small scale CO2 capture system onboard the Corona Utility for testing during actual navigation.
Consortiums led by Keppel FELS, SeaTech and Sembcorp will research, design, build and operate fully electric harbourcraft over next five years.
Biomass tech converts trash into low-carbon fuel for planes and ships while cutting costs and supporting transportation sector, says spokeswoman.
Kawasaki Heavy Industries, Ltd., Yanmar Power Technology Co., Ltd., and Japan Engine Corporation concludes a joint venture contract on Monday.
EC package may prove ineffective, greatly impact European shipowners and undermine global efforts to meet required environmental objectives, it says.
Stabilis will deploy LNG transportation and distribution equipment from its liquefaction facilities in Texas and Louisiana; services available in 2021.
‘MOL is accelerating its preparations for the launch of environment-friendly vessels using not only LNG fuel but also biofuels,’ states company.