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Inquiries about the company’s PBCFs are on the rise. Orders are expected to jump substantially in the next two years
The company is part of a consortium, including Bill Gates-backed TerraPower, that is bringing to market a small, modular, scalable nuclear power unit that is 95 times more efficient than conventional light water nuclear reactors, leaves minimal waste, has a lifetime fuel cycle of up to 30 years and running costs lower than marine gas oil and liquefied natural gas
Company believes buyers of 97% of the 4m barrels of bunkers consumed each day are not currently hedged
A group of maritime companies and the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping have partnered to develop solid oxide fuel cells as a zero-carbon shipping fuel
The newbuilds are to be equipped with dual-fuel propulsion systems that can be powered by electricity. They are said to be able to reduce fuel consumption and crew numbers by 15% and 35% respectively, compared with conventional tonnage of the same size
Yangzijiang signed an agreement with Jiangyin city for an industry park, including an LNG terminal with a 6m tonnes annual handling capacity and 500,000 cu m in storage capacity
The Norwegian firm says the pioneering bond was oversubscribed. It will help halve its fleet’s emissions by 2030 and matures in five years
The new ships will help in the development of a liquefied natural gas bunkering network in the southeastern US, in particular around the US Gulf and South Atlantic coasts — regions in which demand for liquefied natural gas is growing — along with the Caribbean itself
DNV believes the coming decade will be transformational for the shipping industry, especially in its focus on sustainability goals. The rebranding is in line with new goals
Among other big names linked to the Hydrogen Council are the Port of Rotterdam and industrial players such as SABIC, Anglo American and Uniper, as well as most of the major oil companies
Global natural gas production is expected to grow by 24% to 4.9trn cu m in 2040, Rystad says, with most additions coming from North America, which will see production rise by 410bn cu m versus 2020 production
Lloyd’s Register taps Maersk, Carnival and Orsted representatives as well as government and NGO experts as first members of its new decarbonisation hub’s advisory panel
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