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Ocean-Inspired Carbon Capture Technology for Shipping Industry

2 years ago2 years ago2 mins

The ocean’s natural carbon capture system is struggling to keep up with human-generated emissions, especially from the global shipping industry. Researchers at USC and Caltech, in collaboration with startup Calcarea, have developed Ripple 1 and Ripple 2 technologies to capture carbon directly from diesel-powered vessels. This innovative solution aims to reduce global CO2 emissions and combat climate change, with potential for significant impact in the maritime sector.

Greek Shipowners Face Rising Costs Under EU Emissions Trading Scheme

2 years ago2 years ago2 mins

Just ahead of the Posidonia trade show in Athens, OceanScore released calculations showing the EU emissions trading scheme’s potential impact on Greek shipowners. With compliance costs projected to reach over $1 billion by 2026, Greek owners are urged to take action now to mitigate financial risk and ensure compliance with the regulation.

UK-based North Star contracts Cochin Shipyard for a hybrid service operations vessel

Cochin Shipyard to Build Hybrid SOVs for North Star

2 years ago2 years ago2 mins

Siemens Gamesa to supply turbine for new hybrid unit at North Star’s fleet of renewable vessels. Cochin Shipyard secures contract for service operations vessels on Vard 4 19 design. North Star orders varied design vessels at Cochin Shipyard for EnBW’s wind farm off Germany, featuring electric propulsion and motion compensated gangway system.

Exploitation of Seafarers by Unlicensed Crewing Agents in Maritime Industry

2 years ago2 years ago2 mins

Unlicensed crewing agents in the maritime industry are collaborating with licensed agents to deceive seafarers into paying large sums of…

DP World Cochin Achieves Milestone with Berthing of MSC MARA

DP World’s Cochin Achieves Milestone with Largest-Ever Container Vessel Handling

2 years ago2 years ago2 mins

DP World achieves a monumental feat with ICTT handling its largest-ever container vessel, MSC MARA. This marks the highest throughput ever achieved on the MSC MARA at ICTT, with exceptional support from Cochin Port Authority. The terminal’s growth and strategic importance as a gateway for cargo movement in South India are highlighted.

Rising Monthly Fuel Consumption Linked to Red Sea Diversions

2 years ago2 years ago2 mins

Speaking at Petrospot’s Maritime Week Americas, Tolson, owner of the consultancy 2050 Marine Energy, highlighted the impact of the Red Sea shipping crisis on demand. The Suez crisis has increased fuel consumption for diverted ships by 1 million metric tonnes per month. Future alternative fuels like hydrogen, methanol, and ammonia are favored for new shipbuilding orders.

MOL Expands Wind-Assisted Propulsion to Meet Decarbonization Goals

2 years ago2 years ago2 mins

Mitsui O.S.K. Lines (MOL) is expanding its use of wind-assisted propulsion for decarbonization efforts. They are testing new technologies and plan to retrofit their first bulker with the Wind Challenger rigid sail. With strong industry interest, MOL aims to launch 25 vessels with wind propulsion by 2030 and expects installations to continue growing.

Passenger falls overboard from Icon of the Seas

2 years ago2 years ago2 mins

An unidentified guest went overboard while cruising on Royal Caribbean’s Icon of the Seas, the world’s largest cruise ship. The incident occurred on a 7-night sailing from Miami to Roatan, Honduras. The man was successfully rescued, but details surrounding the incident and the guest’s identity remain unclear.

University of Plymouth Joins Initiative to Develop Cleaner Maritime Technologies

2 years ago2 years ago2 mins

The University of Plymouth is part of a new project to promote a cleaner maritime industry. Research will focus on developing technologies to make harbors and ports more environmentally friendly. Aqua superPower is leading the project, aiming to position the UK as a pioneer in vessel-to-grid technology for electric boats.

Maritime ports requested to reduce cautionary signal

2 years ago2 years ago2 mins

Maritime ports in Bangladesh, including Chattogram and Cox’s Bazar, have been advised to lower cautionary signals as cyclonic storm Remal weakens into a land depression. The storm, now moving northwards, has prompted authorities to hoist local cautionary signals instead. Fishing boats are urged to remain in shelter until the storm passes.

Australia’s First Electric Boat Charging Network by d’Albora and Seavolt

2 years ago2 years ago2 mins

d’Albora and Seavolt have joined forces to launch Australia’s first DC fast charging network for electric boats. This partnership aims to provide sustainable and convenient charging solutions for the growing number of electric vessels, starting with installations at d’Albora marinas in QLD, NSW, and VIC. This initiative is a crucial step towards embracing the electric boating revolution.

MarCoPay expands financial services for Filipino seamen with QR-code payments and loans

2 years ago2 years ago2 mins

Tokyo-based Fintech startup MarCoPay is catering to Filipino seamen with QR-code payments and loans, aiming to enhance their financial experience at sea. President Toshiaki Fujioka emphasizes the platform’s unique value for seafarers, surpassing local financial institutions in meeting their needs.

IMO Maritime Safety Committee condemns attacks in the Red Sea

IMO Member States Denounce Attacks on Ships in Red Sea and Gulf of Aden

2 years ago2 years ago2 mins

IMO member states have come together to denounce the ongoing attacks on ships and sailors in the Red Sea and…

APSEZ all set to expand operations at Syama Prasad Mookerjee Port

Adani Ports to Strengthen East Coast Presence at Kolkata Port

2 years ago2 years ago2 mins

The rate quoted by Adani ports is significantly lower than the port authority’s set brackets. The contract, pending Kolkata Port Authority’s approval post Lok Sabha elections, will enable APSEZ to enhance its presence on the east coast. Investment of Rs.569.85 crore is slated for infrastructure upgrades, including new cranes and equipment.

LR’s Maritime Decarbonisation Hub: Leading the Charge Towards Zero-Emission Vessels by 2030

2 years ago2 years ago2 mins

The Maritime Decarbonisation Hub is dedicated to sharing valuable insights on the shift towards a decarbonised global fleet. Partnering with forward-thinking organizations, we offer credible thought leadership to industry stakeholders, showcasing the costs, benefits, opportunities, and risks of different decarbonisation pathways. Join us on this journey towards sustainability.

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