As the push for clean fuels gains traction, Japan is making a large investment betting on hydrogen to decarbonize its critical industrial sectors ...Currently, the container shipping sector is investing in methanol-ready boxships with more than 80 ships on order including for Maersk, CMA CGM, and COSCO.
Just over a third of shipping companies (38%) said they invest in biofouling solutions outside of dry-docking, a process which tends to be conducted in five-yearly cycles ...Lack of awareness and cost-limitations were cited as the main reasons why 62% of shipping companies only invest in biofouling solutions during the dry-docking period.
“We are looking at estimated investments of Rs 375 crore across rail, ships, warehousing space, containers and other assets ... We are looking at estimated investments of Rs 375 crore across rail, ships, warehousing space, containers and other assets.
Ardmore Shipping announced that it has ordered Value Maritime’s (VM) carbon capture ready and emissions-reducing Filtree systems, including the CleanLoop system, for a further three MR Tankers... The value, instant impact on ship’s emissions and quick return on investment is clear for us to see, and we’re heartened that Ardmore Shipping sees it too.
It will also consider the risks to shipping and global trade inherent in industry transformation and the investments and changes that will need to be made to ensure that sufficient numbers of skilled seafarers are available to fulfill the requirements of shipping in 2050.
“Our ship designs continue to evolve, and changes to regulations and uncertainty around preferred fuels have driven the demand to create ships that are ready for the future and give owners the confidence to invest, knowing their ships can adapt to meet future requirements,” he added.
Efforts to widen and deepen the Matagorda ShipChannel hit a wall in December when the U.S ... The port is talking to leaders of green energy projects, who can altogether invest $3 billion to $5 billion in the Crossroads if the ship channel is widened and deepened, Hausmann said ...Matagorda Bay pilot speaks on benefits of expanding the ship channel.
The three largest cruise ship lines saw $900 million a month drain into the ocean during the pandemic ... The ships sailing the initial itineraries headed to the island will depart from Port Canaveral, Florida, about a 70-minute drive from Walt Disney World ... Disney is one of many companies with a private island for its cruise ships.
There can be no maritime trade without cargo to ship ... There can be no maritime trade without cargo to ship ... This becomes particularly relevant for the shipping and aviation sectors, which are some of the hardest to decarbonise ... to invest in remains as a question yet to be answered.
The air and ocean shipping sectors have set out their decarbonization agendas, but policy help is urgently required to underpin investment in new fuel technology and production, a global trade group says ... .
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