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Maersk Hints at Retrofits, Not Newbuildings, as its Decarbonisation Future by Ship & Bunker News Team Thursday February 11, 2021 Logistics giant AP Moller-Maersk has hinted that it sees retrofits, rather than new vessel orders, as the process that will take the company towards decarbonising its fleet. Speaking on an investor call this week, CEO Søren Skou suggested the company was not expecting the need to decarbonise resulting in massive capital expenditure in the years ahead. "In terms of CAPEX guidance and fuel technology, first of all we're still working on figuring out what is the ...

Tyre maker opts to send transAtlantic cargo by wind.

Yara Marine Relaunches Shore Power Sales on Decarbonisation Push by Ship & Bunker News Team Wednesday February 10, 2021 Shore power systems connected to renewable power capacity on land can help to reduce a ship's carbon emissions. Image Credit: Yara Marine Renewed interest in shore power as the shipping industry seeks to bear down on its carbon emissions has prompted engineering company Yara Marine to resume sales of the systems. The company is partnering with marine technology firm  NG3 to offer shore power connection systems to shipowners, Yara said in an emailed statement on Wednesda...

With power plants and shipping seen as viable end users.

ExxonMobil, Hoegh LNG, MAN Energy Solutions Singapore, Jurong Port, PSA SIngapore and ITOCHU Group will join as initial project partners.