Ocean-Inspired Carbon Capture Technology for Shipping Industry

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.

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Rising Monthly Fuel Consumption Linked to Red Sea Diversions

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.

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

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.

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

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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A new economic corridor in the making

Kazakhstan, Singapore Sign FTAs to Boost Trade with India: Focus on Chabahar Port and Trans-Caspian Route

Both countries serve as significant transit and trade hubs, sharing FTAs to bolster trade relationships. India is poised to become a key destination in this new corridor, with the Chabahar Port boosting cargo movements. Kazakhstan and Singapore aim to expand their influence through the Trans-Caspian route and Eurasian market, driving innovation and investment.

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