South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has developed a technology that can collect and store carbon dioxide generated during ship operations.
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British oil and gas company bp and Japanese shipping major NYK Line have signed a memorandum of understanding (MOU) to collaborate on future fuels and transportation solutions to help industrial sectors, including shipping, decarbonise.
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Søren Skou, CEO of the world’s biggest container shipping company Maersk, has called on the UN maritime body to determine the end date for the use of fossil fuels in the shipping industry.
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Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has signed charter deals with Novatek Gas and Power Asia, a subsidiary of Russia’s PAO Novatek for four newbuilding liquefied natural gas (LNG) carriers.
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The U.S. Department of Energy (DOE) has announced $64.7 million in funding for projects focused on producing cost-effective, low-carbon biofuels for ships and airplanes.
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