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Ports Providing Financial Incentives for Green Vessels

Ports Providing Financial Incentives for Green Vessels

By The Maritime Executive
May 6, 2022
Ports are increasingly taking steps to support the decarbonization of shipping. In addition to the initiatives looking at the formation of green shipping corridors, individual ports are introducing gr...
Maritime Executive

DOE Commits $2.3B in Funding for Carbon Capture and Storage Projects

By The Maritime Executive
May 6, 2022
The U.S. Department of Energy is committing more than $2.3 billion in additional funding to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution by focusing on captu...
LNG Carriers Account for a Quarter of Shipping Emissions in the Arctic

LNG Carriers Account for a Quarter of Shipping Emissions in the Arctic

By Gemini News
May 5, 2022
[By Nancy Bazilchuk] In 2021, just 26 natural gas tankers cruised through Arctic waters, as compared to the hundreds of fishing vessels that also ply these rich fishing grounds. But the giant ta...
Hornblower Receives $8M Grant to Develop Hydrogen Fueling Station

Hornblower Receives $8M Grant to Develop Hydrogen Fueling Station

By The Maritime Executive
May 5, 2022
Efforts are underway for the design and construction of what could become the first floating green hydrogen fueling station for the maritime industry. Hornblower Group revealed today that it has recei...
New Fortress Plans to Expand "Fast LNG" Portfolio in U.S. Gulf

New Fortress Plans to Expand "Fast LNG" Portfolio in U.S. Gulf

By The Maritime Executive
May 5, 2022
LNG and FSRU specialist New Fortress Energy has plans to dramatically expand its portfolio of "Fast LNG" liquefaction terminals in the U.S. Gulf of Mexico. Its platform-and-jackup mounted natural gas...
iXblue Completes Survey of Saint Nazaire Offshore Wind Farm Using USV

iXblue Completes Survey of Saint Nazaire Offshore Wind Farm Using USV

By The Maritime Executive
May 5, 2022
[By: iXblue] iXblue recently completed the bathymetric survey of the Saint Nazaire offshore wind farm using its DriX Uncrewed Surface Vehicle (USV). Relying on 4G and satellite communication, the o...
BOEM Approves Environmental Assessment for Humboldt Wind Area

BOEM Approves Environmental Assessment for Humboldt Wind Area

By The Maritime Executive
May 5, 2022
The U.S. Bureau of Ocean Energy Management (BOEM) has finished its environmental review for future offshore wind farm development in the Humboldt Wind Energy Area, a 130,000-acre parcel located 20 mil...
Global Centre for Maritime Decarbonisation Announces New Partners

Global Centre for Maritime Decarbonisation Announces New Partners

By The Maritime Executive
May 5, 2022
[By: Global Centre for Maritime Decarbonisation] The Global Centre for Maritime Decarbonisation (GCMD) today announced the onboarding of three new partners – the International Bunker Industry Assoc...
Report: Sanctions Force Sovcomflot to Seek Sale of Tankers

Report: Sanctions Force Sovcomflot to Seek Sale of Tankers

By The Maritime Executive
May 4, 2022
Russian tanker shipping company Sovcomflot is reportedly scrambling in advance of the tightening ring of sanctions imposed on the company and the Russian oil industry. The latest report indicates that...
J M Baxi Buys 26% Stake in Visakha Container Terminal

J M Baxi Buys 26% Stake in Visakha Container Terminal

By The Maritime Executive
May 4, 2022
[By: J M Baxi Ports & Logistics] J M Baxi Ports & Logistics Ltd, a unit of the Mumbai-based 106-year-old J M Baxi group, has acquired the residual 26% in Visakha Container Terminal Pvt Ltd from DP...

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