Technology

Norsepower and OTD sign rotor sail installation agreement

  HELSINKI and SINGAPORE – Norsepower Oy Ltd., a global provider of auxiliary wind propulsion systems, has signed a framework agreement with Offshore Technology Development (OTD), Keppel Offshore & Marine’s technology arm specialising in the provision of critical equipment which supports the offshore oil and gas, marine, and offshore wind industries.  Under the agreement, OTD …

Norsepower and OTD sign rotor sail installation agreement Read More »

Industry collaborates on guidance for the safe use of Ammonia as ship fuel.

  Lloyd’s Register’s Decarbonization Hub, A.P. Moller-Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are joining forces in a new project with the purpose of guiding safe use of ammonia as a fuel for shipping. Ammonia as a fuel is heavily debated as …

Industry collaborates on guidance for the safe use of Ammonia as ship fuel. Read More »

Wilhelmsen sets up to USD 500 million investment target for renewables

  Wilhelmsen, one of Norway’s best known shipping brands redesigns organization of the group portfolio to intensify growth of maritime services and renewable energy and decarbonization. “Our strategy is very clear, we will contribute to the energy infrastructure transition and be an active player in decarbonization,” says Thomas Wilhelmsen, group CEO at Wilhelmsen. “In addition …

Wilhelmsen sets up to USD 500 million investment target for renewables Read More »

Shipping of CO2 gains traction with MOL investing in pioneer Norwegian gas carrier

  MOL is investing in Norwegian Larvik Shipping. The combination of the expertise of the two companies will enable them to contribute to carbon dioxide capture utilization and storage (CCUS) projects around the world. Liquefied CO2 ocean transport plays a key role in carbon dioxide capture utilization and storage (CCUS) value chains as a means …

Shipping of CO2 gains traction with MOL investing in pioneer Norwegian gas carrier Read More »

Exploring the potential for scrubbers to capture maritime CO2 emissions

  Finnish maritime technology firm Wärtsilä has just highlighted the potential for exhaust gas abatement systems to directly tackle maritime carbon dioxide (CO2) emissions in the near future, as technology advances and enables manufacturers to design and upgrade scrubbers to capture carbon at the point of exhaust. Wärtsilä has conducted extensive research and development to …

Exploring the potential for scrubbers to capture maritime CO2 emissions Read More »

Bureau Veritas releases modern rules for wind propulsion systems

  Bureau Veritas (BV) has released new-generation classification rules for wind propulsion systems. These rules will help support and drive the development of zero carbon propulsion options for modern ships. The new Bureau Veritas rule notation for Wind Propulsion Systems (WPS) NR 206 builds on pre-existing BV rules released in 1987. Now two new notations …

Bureau Veritas releases modern rules for wind propulsion systems Read More »

Denmark joins major shipping nations for USD 5 billion green research fund

  Washington, D.C./Brussels/ Singapore- The proposal to create a USD 5 billion USD International Maritime Research and Development Board (IMRB) was submitted to the UN’s International Maritime Organisation (IMO) on the 10th of March 2021 by Georgia, Greece, Japan, Liberia, Malta, Nigeria, Palau, Singapore, and Switzerland. Denmark now joins as a co-sponsor, and we expect …

Denmark joins major shipping nations for USD 5 billion green research fund Read More »

Shipping industry backs the creation of IMO $5 billion decarbonization fund

  Responding to the UN Secretary-General’s call for “urgency and ambition” on climate change, the global shipping industry is giving “full and unequivocal” backing to a moon-shot proposal submitted by governments, to catalyze the complete decarbonization of maritime transport by deployment to scale of zero-carbon ships within a decade. The proposal submitted yesterday by governments …

Shipping industry backs the creation of IMO $5 billion decarbonization fund Read More »

80% of ports do not reap the benefits of digitalization according to Innovez-One (Forum)

  Innovez One, one of the world’s leading providers of port management software for the world’s busiest ports and towage operators, stated that of the 4,900 ports in the world, the majority are not yet using digital technology for even the most basic processes; Eighty percent of ports continue to rely on manual, legacy solutions …

80% of ports do not reap the benefits of digitalization according to Innovez-One (Forum) Read More »

Marine industry leaders will explore ammonia as marine fuel in Singapore

  A.P. Moller – Maersk A/S, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and Yara International ASA announced that the parties have entered into a Memorandum of Understanding to jointly conduct a feasibility study (hereinafter “Study”) with the aim to be one of the pioneers …

Marine industry leaders will explore ammonia as marine fuel in Singapore Read More »