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A rapid replacement of fossil with fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 shipping emissions.

PowerCell rolls out industrialized fuel cell module for marine segment May 24, 2021, by Naida Hakirevic Fuel cell developer PowerCell Sweden has presented an industrialized high-power fuel cell module especially developed for the electrification of marine applications. As explained, the module is built on several fuel cell systems that have been integrated into a single unit. Each module has a power of 200 kW but can easily be connected in parallel to achieve power in the megawatt range. Against the background of more stringent emission regulation...

Danish Shipping: Fleet-based CO2 compliance is a shorter way for green transition May 6, 2021, by Naida Hakirevic The path to lower CO2 emissions from ships could be shorter by choosing a fleet-based approach to efficiency requirements, a new analysis prepared for Danish Shipping by CE Delft shows. If new low- and zero-emission ships are to enter into operation and more expensive climate-neutral fuels are to gain acceptance by the end of this decade, CO2 regulation should be possible on the basis of a shipping company’s fleet and not of an indiv...

Maersk reports record profit amid high freight rates May 5, 2021, by Naida Hakirevic Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter. Overall in Q1, EBITDA increased to $4 billion from $1.5 billion year on year and EBIT to $3.1 billion from $552 million compared to same quarter last year, while revenue improved by 30 percent to $12.4 billion. The company benefitted from strong demand in a market still influenced by the pandemic and significant ...

US: MSC Gayane crewman gets 5+ years in prison for smuggling cocaine April 14, 2021, by Naida Hakirevic A crew member of containership MSC Gayane was sentenced to more than five years in prison for attempting to smuggle cocaine worth over $1 billion into the United States two years ago. Vladimir Penda, 27, of Montenegro, was sentenced to five years and ten months in prison, and two years of supervised release by United States District Court Judge Harvey Bartle III, on charges of conspiracy to possess with intent to distribute 5 kilograms or more o...