Finance

World fleet risks $400bn in stranded assets unless retrofitted with zero-emissions technology, warns UCL report

New research from University College London’s (UCL) Bartlett Energy Institute suggests that shipping may face up to $400 billion of stranded assets as over...

Poseidon Principles Annual Disclosure Report reveals progress towards IMO decarbonisation goals

Published this week, The Poseidon Principles' fifth Annual Disclosure Report has revealed the notable strides global shipping finance has made towards alignment with the...

Aerleum secures $6m seed funding to capture and convert CO2 into e-fuels

The French start-up aims to revolutionise carbon capture and utilisation for hard-to-abate sectors, such as maritime and aviation, by converting captured CO2 into e-fuels. Contained...

Carbon Ridge closes $9.5m investment for modular OCCS technology

Carbon Ridge has announced that it has raised $9.5 million in funding for is modular onboard carbon capture and storage (OCCS) solutions. This most recent...

UK Maritime Minister unveils £9 million funding for green shipping projects

The UK Maritime Minister Mike Kane has announced plans to allocate up to £9 million for green shipping corridor projects from the Smart Shipping...

New study claims EU regulations will make economic case for methanol

In a new whitepaper commissioned by the Methanol Institute, Dr Jeroen Dierickx (iDefossilise) concludes that the EU's carbon emissions regulations will boost the economic...
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