Technology

MOL and Chevron to launch wind-assisted LNG carrier in world first

Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of Chevron U.S.A., have announced their agreement to install a hard sail wind propulsion...

INTERCARGO chairman, Dimitrios Fafalios: ‘Carbon capture is very promising’

Following INTERCARGO's AGM on 24 October 2024, chairman Dimitrios Fafalios spoke about the need for industry-wide regulations to support decarbonisation efforts and the importance...

LR assigns first class notation for OCCS system on EPS ship

Lloyd's Register has assigned the first class notation for onboard carbon capture and storage (OCCS) to the Pacific Cobalt, owned by Eastern Pacific Shipping...

KNCC and PACE CCS complete CO2 specification study of EP shipping

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture company between NYK Line and Knutsen Group, and Pace CCS (Pace) has completed a Joint...

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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