Maersk supports German climate start-up to accelerate shipping decarbonisation

C1, a climate tech start-up, has raised growth capital from Maersk Growth, the venture capital arm of A.P. Moller – Maersk, in order to accelerate the scaling of their ultra-efficient catalysis, which will enable mass production of green methanol without the usual premium paid for sustainably produced methanol.

According to a statement by C1, besides the ability to function as a carbon-based feedstock for various chemical products, green methanol is the most tangible low-carbon fuel alternative...

https://container-news.com/maersk-supports-german-climate-start-up-to-accelerate-shipping-decarbonisation/

A look back at WorkBoat for November 1969

  • The self-propelled deepwater drillship Typhoon, converted from the World War II-era refrigerated cargo ship Karin at Bethlehem Steel’s Beaumont, Texas, shipyard, was commissioned Oct. 2. Built for Storm Drilling Co., Houston, the Typhoon is the first drillship in the company’s rig fleet. The ship can drill in water up to 600′ deep. Built in 1945, the Karin was one of 105 C1 and other U.S. Maritime Commission type vessels built at the same Beaumont yard. Originally 338’x50′, the drillship is...

https://www.workboat.com/archived-workboat-magazine/a-look-back-at-workboat-for-november-1969/