ABB is to install its state-of-the-art engine diagnostics software ABB Ability™ Tekomar XPERT on 12 bulk carriers operated by Shanghai Ming Wah Shipping Co (Shang Ming Wah).
Stena Bulk has just completed a successful sea trial together with ExxonMobil, testing the company’s first marine bio fuel oil in commercial operation.
Snam and Saipem have already started working together, focusing in particular on developing the technology of water electrolysis, a process that makes it possible to reduce CO2 emissions to zero in the production of green hydrogen
Both companies credit a shared commitment to industry-wide decarbonisation as a driving force behind the five-year contract for five LNG dual fuel Newcastlemaxes
Like many other parts of the economy for which direct electrification of battery use is not economically viable, shipping can use renewable energy stored as hydrogen or a variant of hydrogen.
The first regulations designed to support the IMO’s greenhouse gas (GHG) reduction targets are on the near horizon, but there are more regulatory hurdles to consider.