Under the JSA, Chevron and MOL will explore the technical and commercial feasibility of initially transporting up to 2.5 million tonnes per annum (Mtpa) of liquified CO2 by 2030.
Modelling of three emission reduction scenarios estimates hundreds of thousands of seafarers requiring additional training to handle alternative fuels up to 2050.
Verifavia SAS has signed a deal to provide its full suite of emissions verification services to Norbulk Shipping, the UK-based ship management company.
Russia's weekend backtrack from a U.N.-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a global food crisis and sparking gains in prices.
Fast rising cost of living crisis to precipitate more labour disputes across developed markets as dock workers seek to make up for rampaging price inflation, heaping more disruption on congested ports.
Cepsa has successfully carried out the first trial in Spain of advanced biofuels (2G) in one of the ships used by the company, the Montestena, owned by Ibaizabal, during several weeks of navigation.
