SUT’s ‘energy in transition & its impact on offshore site investigations’ Newcastle seminar
The Offshore Site Investigation and Geotechnics (OSIG) committee of the Society for Underwater Technology (SUT) will hold its first ‘in-person’ seminar in almost 18 months in mid-September.
The full-day event will address ‘Energy in Transition and its Impact on Offshore Site Investigations’, followed by a drinks reception and dinner; all being held at...
ClassNK publishes an onboard poster describing common issues and recommended measures when using compliant fuel oil
Tokyo – Leading Classification Society ClassNK has published an onboard poster for ships titled “Issues after starting to use VLSFO,” which outlines common main engine issues and recommended countermeasures when using Very Low Sulphur Fuel Oil (VLSFO) that complies with SOx regulations.
After the enforcement of regulations to limit sulphur content in marine fuel oil to 0.50% or...
Abu Dhabi National Energy Company (TAQA) and Abu Dhabi Ports are looking to develop an industrial scale green hydrogen to ammonia project to supply ships converted to use ammonia as a bunker fuel and for export via specialised gas carriers. The parties have signed a memorandum of understanding to...
https://splash247.com/taqa-and-abu-dhabi-ports-unveil-plans-for-green-hydrogen-to-ammonia-project/
Monetary policy inertia risks financial crisis and climate change inaction
Thursday 8 July 2021 Vol.12 Ed.27.4
Commentary: Central banks must change course to avoid possible financial crisis
By Jacques de Larosière in Paris
Central banks around the world, led by the Federal Reserve, appear to wish to stick to the ‘static approach’ of monetary policy, maintaining their present unconventional stance for as long as possible. Following this course during the recovery from Covid-19 could eventually...
Hyundai Motor, one of the world’s largest automotive groups, is set to enter the shipbuilding sector, delivering fuel cell electric propulsion systems from next year. The Korean firm has signed a memorandum of understanding with compatriots Hyundai Heavy Industries and Korean Register to...
https://splash247.com/hyundai-motor-to-adapt-its-fuel-cells-for-ships/
Marubeni Corporation and handysize liquefied-gas carrier owner Navigator Holdings will achieve an environmental milestone with the world’s first carbon-neutral ethylene voyage. Navigator Triton, a 21,020 cbm ethylene gas carrier, which departed from Houston, Texas, on July 6, will transport its...
Swiss-based MSC Mediterranean Shipping Company has moved up a notch Transport & Environment’s ranking of Europe’s biggest carbon emitters. The Brussels-based non-governmental environmental group reports that MSC emitted 10.9Mt of…
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN & Euronext: EURN) reports that it is in a Joint Development Program (JDP) with the largest shipbuilder in the world, Hyundai Heavy Industries (HHI) and classification societies Lloyd’s Register and DNV, to help accelerate the development of dual fuel ammonia (NH3) fitted VLCC and Suezmax vessels. The initial term of the JDP will be three years.
“Shipping is entering an era of rapid technological developments and increasing environmental...
https://www.marinelog.com/shipping/euronav-enters-ammonia-fueling-jdp-orders-3-suezmaxes/
Alfa Laval and Japan’s National Maritime Research Institute (NMRI) have been testing onboard carbon capture and storage using an exhaust gas cleaning system.
The CO2 capture testing project was designed to provide real-world validation of results achieved in the lab. As it required a proven, full-scale hybrid scrubber system, Alfa Laval PureSOx played an important role in the test. The Japanese shipowner associated with the research, who had installed PureSOx for SOx compliance on a newbuild,...
Euronav is proceeding with its fleet rejuvenation programme while pressing ahead with ammonia propulsion developments. The Belgian tanker giant revealed today it has entered into new contracts for the building of three suezmaxes with Hyundai Heavy Industries (HHI) for $199.2m as well as exercising...
https://splash247.com/euronav-doubles-down-on-ammonia-fitted-tankers/