Shell Conducting Trial To Use of Hydrogen Fuel Cells for Ships

Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the oil major, reports reuters.

Zero-Emissions Technology

If successful, the trial will pave the way for cleaner, hydrogen-powered shipping, the company said, adding that its analysis points to hydrogen with fuel cells as the zero-emissions technology having the greatest potential to help the shipping sector achieve...

https://mfame.guru/shell-conducting-trial-to-use-of-hydrogen-fuel-cells-for-ships/

Foundation Det Norske Veritas contributes S$10 million to help launch maritime decarbonization centre in Singapore

Foundation Det Norske Veritas contributes S$10 million to help launch maritime decarbonization centre in Singapore

MPA and six strategic partners signed a Memorandum of Cooperation to establish a S$120 million fund.

Signing of public-private cooperation agreement establishes S$120 million R&D fund to accelerate decarbonization in shipping 

Oslo, 21 April, 2021: Foundation Det Norske Veritas – which owns DNV Group – has teamed up with the Maritime and Port Authority of Singapore (MPA) and five...

https://allaboutshipping.co.uk/2021/04/21/foundation-det-norske-veritas-contributes-s10-million-to-help-launch-maritime-decarbonization-centre-in-singapore/

Ship Repair Market Report For 2020 Predicts Recovery In 2023

The “Ship Repairing Global Market Report 2020-30: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s offering, reports Yahoo Finance.

A possible decline 

The global ship repairing market is expected to decline from $29.40 billion in 2019 to $27.39 billion in 2020 at a compound annual growth rate (CAGR) of -6.83%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure...

https://mfame.guru/ship-repair-market-report-for-2020-predicts-recovery-in-2023/

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