Technology

KNCC and COSCO to develop LCO2 carrier for global CCUS growth

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture company between NYK Line and Knutsen Group, and COSCO Shipping Heavy Industry Co., Ltd. (CHI)...

LR report highlights growth of AI in voyage optimisation and lowering carbon emissions

A new Thesius report commissioned by Lloyd's Register claims that the maritime artificial intelligence (AI) market has nearly tripled over the past 12 months. 'AI...

BIMCO to develop new time charter for transporting CO2

BIMCO's new CO2TIME charter party addresses the insurance, technical and commercial factors involved in CO2 transportation. BIMCO's has begun the development of a charter party...

Shell & STAX partner to capture tanker emissions at Port of LA

Shell Oil Products US (Equilon Enterprises) has signed a five-year partnership with maritime emissions capture firm STAX Engineering for emissions capture and control for...

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