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ABS Launches Pioneering Technology Center in Saudi Arabia to Shape the Future of Global Maritime Innovation

ABS Launches Pioneering Technology Center in Saudi Arabia to Shape the Future of Global Maritime Innovation
ABS has launched the Saudi Arabia Technology Center dedicated to industry-leading work on smart systems, robotics, AI and advanced digital technologies. Launched during the Saudi Maritime Logistics Congress, the pioneering research center supports the Kingdom’s...
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PowerCell secures breakthrough contract to equip world’s first hydrogen-powered bulk carriers

PowerCell secures breakthrough contract to equip world’s first hydrogen-powered bulk carriers
PowerCell, the world’s leading supplier of fuel cells for the marine market, has secured a contract worth just over SEK 40 million to supply the fuel cell systems for two hydrogen-powered bulk carriers. The order includes 14 of PowerCell’s Marine System 225 units,...
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Phlair and NSB GROUP Partner to Bring Carbon Removal to Shipping

Phlair and NSB GROUP Partner to Bring Carbon Removal to Shipping
NSB GROUP, one of Germany’s leading ship managers, has entered into a partnership with Phlair GmbH, a German direct air capture company. Under the agreement, Phlair will deliver carbon dioxide removal credits (CDR) generated through its Direct Air Capture (DAC)...
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123Carbon and ZERO44 join forces to unite mandatory and voluntary carbon markets

123Carbon and ZERO44 join forces to unite mandatory and voluntary carbon markets
123Carbon, the leading independent platform for carbon insetting, and ZERO44, an innovative SaaS startup for CO2 management of merchant ships, have today announced a strategic partnership that will provide shipowners, operators, and charterers with a new level of...
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LNG tankers diverted from Belgian terminal amid Greenpeace blockade

LNG tankers diverted from Belgian terminal amid Greenpeace blockade
At least three LNG-laden tankers appear to have diverted away from the Zeebrugge LNG terminal in Belgium, LSEG data showed on Thursday, as Greenpeace activists blocked the terminal to protest against European Union imports of Russian gas. Belgium is the second-largest...
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Falling Rates Across Vessel Segments Drag Baltic Index To Over One-Month Low

Falling Rates Across Vessel Segments Drag Baltic Index To Over One-Month Low
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Thursday and fell to a more than one-month low, weighed down by falling rates across all vessel segments. The main index, which factors...
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Recent News

  • Pakistan receives four bids for upcoming delivery of three spot LNG cargoes
  • U.S. energy exports hit record highs as Strait of Hormuz conflict persists
  • ABS and PIL to Advance Maritime Decarbonisation with Alternative Marine Fuel Emissions Verification
  • HD Hyundai drives Korea’s shipbuilding future with digital twins, autonomy, AI robots
  • Working Group On GHG Makes Positive Progress Before Climate Talks Next Week And Engagement Shows The Net Zero Fund Is A High Priority To Many Member States
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