Japanese ro-ro shipping firms launch GHG emissions methodology
A group of roll-on/roll-off (ro-ro) shipping operators on Monday launched a standardised methodology for calculating greenhouse gas (GHG) emissions intensity, in a bid to support decarbonisation efforts across supply chains.
Read MoreBRIEFING: China may replicate solar and battery success with green shipping fuels growth -expert
There are indications that China is ramping up its capacity to produce green, synthetic fuels for shipping, with potential for it to scale the market for e-methanol and ammonia much like it did with solar and battery production, said an expert on a briefing Thursday.
Read MoreLast year’s LNG trade growth poised to continue, but geopolitical risks rising too, report finds
The liquefied natural gas (LNG) market looks set to continue on last year’s growth, as LNG infrastructure expands and the number of participants increase — but the sector also faces geopolitical risk, despite some governments saying it can help to reduce emissions and enhance energy security, a report has found.
Read MoreFossil fuel costs for shipping could triple by 2033, new analysis finds
Global shipping is set to see the total carbon cost associated with fossil fuels double or triple by 2033, with intra-EU routes facing the sharpest increases, according to a market intelligence company.
Read MoreNew Arctic Council chair Denmark must drive emission reductions before 2030 -NGOs
As new chair of the Arctic Council, Denmark must take a “strong and ambitious lead” on accelerating reductions of methane and black carbon from all sectors including shipping before 2030, urged a non-profit coalition seeking to protect the region from shipping impacts.
Read MoreTechnology developer launches carbon capture for shipping at $54/t cost
A technology group has launched a new commercial carbon capture solution for the maritime industry at an estimated cost of €50-70 per tonne of CO2 ($54-$76) including capital and operating expenditure.
Read MoreClimeworks secures carbon removal deal with Japanese shipping major
Carbon removal solution provider Climeworks has signed an agreement with one of Japan’s largest shipping companies to remove the latter’s residual emissions in the next three years.
Read MoreTotalEnergies begins construction of lower-carbon LNG plant in Oman
France’s TotalEnergies and Oman’s OQ Exploration and Production have broke ground on a new liquefied natural gas (LNG) plant in Oman, which they claim will be among the lowest-emitting in the world thanks to an accompanying solar energy farm.
Read MoreJapanese shipping giant inks offtake deal for carbon removals in India
A major shipping firm on Friday signed a multi-year agreement to purchase 10,000 credits from a carbon removal (CDR) developer, in what is claimed to be the first ever direct offtake deal between Japanese and Indian companies.
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