European Commission’s €4 billion Innovation Fund call for proposals expands to include maritime sector

The European Commission has announced the opening of the Innovation Fund’s 2023 call for […]

The post European Commission’s €4 billion Innovation Fund call for proposals expands to include maritime sector appeared first on Offshore Energy.

https://www.offshore-energy.biz/european-commissions-e4-billion-innovation-fund-call-for-proposals-expands-to-include-maritime-sector/

StormGeo Announces Launch Of EU ETS Solution

StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, announced today the launch of their EU ETS solution, a new tool designed to address the demands of the EU Emissions Trading System (EU ETS) for the shipping industry, sources Stormgeo. 

Better Understanding

The solution enables shipping companies to build a validated data stream that helps stakeholders better understand their EU ETS exposure when developing EUA strategies. “All data collected onboard...

https://mfame.guru/stormgeo-announces-launch-of-eu-ets-solution/

BV takes stake in NYC based OrbitMI

Bureau Veritas (BV) has announced a strategic investment in OrbitMI, a New York City based maritime software company named as one of 2023’s most innovative companies in maritime in a recent report by Thetius.

The collaboration with Bureau Veritas is aimed at accelerating the development of both existing and new data-driven solutions.

Bureau Veritas’ Marine & Offshore division and OrbitMI will address clients’ immediate regulatory and decarbonization requirements posed by CII, EU ETS and the...

https://www.marinelog.com/technology/bv-takes-stake-in-nyc-based-orbitmi/

Shipping’s EU ETS bill could reach over €8 billion in 2026, Hecla warns

Hecla Emissions Management, a company founded by Wilhelmsen Ship Management (WSM) and Affinity Shipping, has revealed its data that the maritime sector could be liable for €8.4 billion in 2026, taking into account the total ETS-applicable emissions.

The post Shipping’s EU ETS bill could reach over...

https://www.offshore-energy.biz/shippings-eu-ets-bill-could-reach-over-e8-billion-in-2026-hecla-warns/

Ships over 5,000 GT to be included in UK’s emissions trading scheme from 2026

The UK Emissions Trading Scheme Authority (UK ETS) has announced a package of reforms to tighten limits on industrial, power and aviation emissions, including shipping.

The post Ships over 5,000 GT to be included in UK’s emissions trading scheme from 2026 appeared first on Offshore Energy.

https://www.offshore-energy.biz/ships-over-5000-gt-to-be-included-in-uks-emissions-trading-scheme-from-2026/