Blue carbon refers to carbon that is sequestered in the seabed and deep ocean through the uptake of atmospheric CO2 by coastal and marine ecosystems via photosynthesis.
An international vote to approve cutting maritime emissions was delayed by a year Friday in a victory for the United States, which opposes the carbon-cutting plan.
The study finds that while Swedish cargo owners and charterers are committed to greener practices, a lack of regulatory and economic incentives for smaller tonnage is hindering their progress.
Bibby Marine laid the keel for its 6,700GT e-CSOV at the Armon Shipyard in Vigo, Spain. The first of its kind hybrid-powered vessel will operate on zero-emissions.
Danish shipping company NORDEN is working on a pilot project with Microsoft to help reduce its maritime supply chain emissions by utilising NORDEN's biofuel voyage and Book and Claim solution.