28 FEB 2024 A Houthi missile has struck a product tanker operated for Trafigura, the commodity trading firm with the company confirm the vessel is on fire. It is the second report of attacks by the rebel group against tankers today. UK Maritime Trade Organization also confirmed the reports saying assistance is …
Read More »RISING TO THE CHALLENGES OF CO2 SHIPPING
27 JAN 2024 While CO2 has been transported by sea for nearly fifty years, we will soon see a fast-growing demand to move larger volumes of CO2 in order to support efforts to decarbonize shipping and heavy industry. Forecasts for growth in demand for CO2 shipping are largely based on …
Read More »THOUSANDS OF US CITIES COULD VERGE ON BECOMING GHOST TOWNS BY 2100, STUDY FINDS
26 JAN 2024 In 2100, our world will likely look drastically different to what it does today, either reshaped by natural forces driven by climate change or by humans saving their own skin. Our cities could look totally different too – and some might be shadows of their former selves. A new …
Read More »WORLD’S LARGEST CRUISE SHIP IS A CLIMATE LIABILITY
25 JAN 2024 When Royal Caribbean’s Icon of the Seas embarks on its first official voyage on Jan. 27, the journey is sure to make waves. The world’s largest cruise ship, the Icon is over 1,000 feet long (360 meters) and weighs in around 250,000 gross registered tons. It boasts 20 different decks; 40 restaurants, bars …
Read More »RED SEA CRISIS IS DISRUPTING THE ELECTRIC-CAR INDUSTRY
24 JAN 2024 Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing record sales and demand worldwide, but a lack of parts means that factories cannot sustain their production. The reasons for this are complex. Parts are taking longer to deliver as …
Read More »ONE ORDERS FIRST METHANOL-FUELED SHIPS
23 JAN 2024 Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel containerships. These will be the first methanol-dual fuel vessels in ONE’s fleet, marking a significant step in the company’s green strategy. ONE has signed contracts for the …
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