Decarbonizaion News

Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has acquired an approval in principle (AiP) from the Japanese classification society ClassNK for its ammonia fuel supply system (AFSS).The AiP has been issued for the AFSS developed for the X-DF-A, a large, low-speed two-stroke ammonia-fueled engine under development by WinGD, a Swiss designer and licensor of large marine engines.In June 2023 Mitsubishi Shipbuilding and WinGD concluded a memorandum of understanding (MoU) to undertake joint technical studies on an AFSS…

Idemitsu Tanker, IINO Kaiun Kaisha (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard have established a consortium to conduct joint research and development of design concepts for Malacca Max-type very large crude oil carriers (VLCCs).The design concepts, including machinery and environment equipment, will be developed with a view of reducing greenhouse gas (GHG) emissions, the consortium that was initiated by Idemitsu Tanker said.Aiming to reduce emissions by 40% or more compared to previous levels…

Belgian tanker operator Euronav has concluded the acquisition of 100% shares in cleantech maritime group CMB.TECH for $1.15 billion in cash.The transaction is part of Euronav’s renewed strategy of diversification, decarbonization and accelerated optimization of the its current crude oil tanker fleet, driven by CMB.TECH’s ‘future-proof’ fleet of 106 low carbon vessels, of which 46 are under construction.It was first announced in December 2023, and also entails Euronav’s proposal change its corporate name to CMB.TECH following completion of the transaction and the offer.

Maersk’s offshore vessel-charging venture Stillstrom has launched a collaborative study with EnBW and BP, the developers of the Morgan and Mona offshore wind farms, to assess the viability of integrating offshore charging solutions for service and crew transfer vessels for the two projects.The study will evaluate the operational, technical, and economic viability of integrating offshore charging solutions for Service Operation Vessels (SOVs) and Crew Transfer Vessels (CTVs) into…

Port of Aberdeen said Thursday it had been awarded funding from the UK Government for a multi-million-pound project to design and deliver the first large-scale landside and vessel-side shore power system in Scotland."The demonstrator project will cut vessel emissions at the berths by more than 80% compared with burning marine fuel and save in excess of 60,000 tonnes of CO2 equivalent over the next 20 years," Port of Aberdeen said.Crucially, the port said, ‘Shore Power in Operation’ will pave the way for the roll-out of green shore power across North Harbour.

The Northern Lights carbon capture and storage JV in Norway is increasing CO2 shipping capacity with its third LCO2 carrier. Like the first two vessels, the gas equipment specialist Svanehøj will supply the cargo pump system. "The three ships are the world's largest of their kind, and the order represents a significant milestone for Svanehøj's ambitions in Carbon Capture and Storage," Svanehøj said.In 2022, the Danish gas equipment specialist was chosen as the cargo pump supplier for the first two Northern Lights LCO2 carriers.

A new report by maritime advisory service UMAS has put figures on the energy efficiency improvements that are needed for international shipping if it is to meet the IPCC-derived 1.5ºC decarbonization pathway.This magnitude of GHG reduction, 37% in 2030 and 96% in 2040 on a 2008 baseline, has also been championed by some states as the targets that IMO should use in its revised GHG reduction strategy – due for adoption at MEPC 80 in July this year.UMAS states that, irrespective of how new fuels enter the global fleet…

For the fifth year in a row, SAAM Towage was recognized by the Ministry of the Environment’s Huella Chile program for measuring and assuring its greenhouse gas (GHG) emissions during 2021.“Our commitment is to continually seek alternatives that allow us to reduce the carbon footprint of our operations. Measuring our footprint enables us to assess our progress and set new goals for the coming years,” said SAAM Towage Chile Manager, Cristián Cifuentes.He explained that the company…

Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024, the firm said yesterday in its half year earnings. It also said it could have near-zero emissions FPSO available to the market by 2025. "Our market outlook for new FPSOs remains positive as the world requires energy which is not only sustainable, but also affordable and reliable," said Bruno Chabas, CEO of SBM Offshore.

Maersk Supply Service, an offshore supply vessel branch of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom, to support the decarbonization of the maritime industry by eliminating idle emissions.Together with the offshore wind giant Ørsted, Stillstrom plans to demonstrate the world’s first full-scale offshore charging station for vessels at an offshore wind farm, scheduled for installation later this year. "Maersk Supply Service’s pioneering new company will deliver offshore electric charging solutions to vessels at ports…

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action including a carbon levy.The International Maritime Organization (IMO), the UN's specialist shipping agency…

Japan's Kawasaki Heavy Industries said on Thursday it aims to achieve carbon neutrality in its domestic factories and offices in 2030 by using electricity generated by a 100 megawatts (MW) hydrogen-fueled power plant it plans to build.The company is trying to make hydrogen a key growth driver by building liquefied hydrogen carriers, hydrogen power stations and other facilities to create a global supply chain of the fuel that may help decarbonize industries and aid the global energy transition.Kawasaki aims to transport 225…

American Bureau of Shipping (ABS) has granted its ABS SUSTAIN 1 Notation for two Harvey Gulf International Marine offshore support vessels, recognizing how their design and operation are aligned with UN Sustainable Development Goals (UNSDGs).To earn the notation, the Harvey Blue-Sea and Harvey Sub-Sea vessels were among 12 of the Harvey Gulf fleet evaluated by ABS for their performance against six of the UNSDG’s criteria. The remaining 10 vessels are also being considered for Sustain notations.The ABS Sustain notations demonstrate adherence to certain UNSDGs related to vessel design…