Energy transformation and climate changes are posing serious challenges to international shipping, which, even though shipping is considered an efficient mode of transport, is under pressure to reduce its emissions, speakers said at the International Marine Intelligent Energy Efficiency Technology Summit 2018 held in Shanghai.

Leading ship registry the Republic of the Marshall Islands (RMI) Registry is doing its part to encourage green shipping with the signing of an agreement with voluntary international certification scheme Green Award where the flag will give a 30% discount on the annual marine services fee for Green Award-certified ships.

Innovative new UAE-based maritime company Zaitoun Green Shipping has formed a consortium with world leading companies in smart technology and solutions to collaborate on radically improving performance of container ships and forming a new business model for this market.

A collaboration between three of the marine sector’s major technology companies is set to make the use of liquefied natural gas (LNG) as a fuel a truly viable option for ship owners and operators.

Kongsberg Maritime is expanding its business in Asia and has been moving ahead with the award of contracts worth more than NOK400m ($47.2m) with Nanjing Jinling Shipyard to deliver power and hybrid systems for nine Ro-Ro vessels ordered by italy’s Grimaldi Group. The contracts include an option for three additional vessels which could potentially increase the total value to more than NOK500m.

Hong Kong-based container line Orient Overseas Container LIne (OOCL)won the the 2017 Hong Kong Awards for Environmental Excellence (HKAEE) Gold Award in the Transport and Logistics Sector category.

Hong Kong’s iconic Star Ferry will keep giving tourists one of the best views of Victoria Harbour and providing residents reasonably priced cross-harbour transportation with the extension of its franchise rights for another 15 years.

The Maritime and Port Authority of Singapore (MPA) and classification society DNV GL have renewed and expanded on the scope a memorandum of understanding (MOU) on promoting R&D and innovation in the maritime industry.

ABB and Wuchang Ship Building Group have signed a strategic cooperation with an emphasis on developing greener ships and digital solutions.

Changjiang Ship Design Institute and Kunlun Energy & CSC (Wuhan) Natural Gas, both subsidiaries of China’s Sinotrans & CSC Holdings, have inked a strategic collaboration on developing green shipping along the Yangtze River.

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