Norsepower has completed the installation of two 35-metre tall tiltable Rotor Sails on a ro-ro which it says will allow the vessel to achieve reductions in fuel consumption, fuel costs and emissions of up to 25%.
Dry bulk shipowner Grieg Star Group will build its first tanker - the world's first green ammonia-fuelled tanker to ship green ammonia - in partnership with Wartsila, backed by NOK46.3m ($5.4m) of Norwegian government’s funding scheme Pilot-E.
Commodity trading house Gunvor Group has made an investment in Artemis Technologies in a move to develop nonhydrocarbon solutions to maritime transportation.
Norsepower has announced its first newbuild order for the installation of five tilting Rotor Sails onboard a bulk carrier.
Oslo-headquartered technology firm TECO 2030 is developing a next-generation ship funnel that will allow ships to reduce a range of harmful emissions and meet stricter regulations on emissions reduction.
French carrier CMA CGM is launching an array of solutions to help its customers lighten their environmental footprint and make their cargo carbon neutral.
The European Union has its work cut out as it strives to tackle the burning issue of the decarbonisation of the maritime industry.
Leading Greek figures in the global shipping community believe too many in the industry have not done enough towards making the industry greener.
The International Chamber of Shipping (ICS) has called for the Sea Cargo Charter initiative on emissions reporting to be aligned with requirements to be agreed by the IMO.