Leading tanker shipping company Stena Bulk announced that it is launching a two-year, three phase project aimed at demonstrating shipboard carbon capture, together with the Global Centre for Maritime Decarbonisation (GCMD) and the Oil and Gas Climate Initiative (OGCI).

Approval in Principle (AIP) was given by the international classification society Korean Register (KR) for the design of a new ammonia-fuel ready vessel on 5 September.

The recent signing of a Strategic Cooperation Framework Agreement, in the form of a Memorandum of Understanding (MoU), has formalized the alliance between Ecochlor, Inc. (USA) and SINOTECH, CCS Co., LTD (China) in sales, marketing, after-sales support and technical assistance in engineering for the SINOTECH carbon capture and storage (CCS) unit. CCS is the process of capturing and storing CO2 before it is released into the atmosphere.

The Methanol Institute has welcomed comments made by the chairmen of China Merchants Energy Shipping and COSCO Shipping Bulk, that the two companies will focus on Methanol marine fuel as their primary area of research in the future.

Svitzer, leading global towage operator and part of A.P. Moller-Maersk announced that its Aim for 8 speed initiative – which asks tug crews to navigate at a maximum speed of eight knots during mobilisation and demobilisation – has successfully prevented 1,000 tonnes of CO2 from being emitted into the atmosphere.

GoodFuels announced that it has successfully supplied sustainable marine biofuel to NYK’s bulk carrier MV Frontier Explorer, in the first such delivery to a major maritime client since the company opened its Singapore office.