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Japanese giant Marubeni picks bound4blue’s suction sails to power its Panamax bulk carrier
According to preliminary studies, bound4blue will install four 26-metre-high eSAILs® on the Crimson Kingdom. ● The Panamax bulk carrier vessel will be retrofitted in 2023/24 and is expected to be the largest suction sail installation in the world and the first Panamax bulk carrier using suction sails. ● Marubeni is…
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DNV strengthens support for wind propulsion with International Windship Association membership
DNV has officially joined the International Windship Association with the intention of using the membership status to further support and accelerate the uptake of wind-assisted propulsion systems by the global shipping fleet. Hamburg,: Wind-assisted propulsion technologies can cut fuel costs and emissions at a time when the global shipping industry…
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Adani Ports acquires 49.38% stake in Indian Oiltanking Ltd for Rs 1,050 Cr
APSEZ becomes India’s largest third-party liquid tank storage player Indian Oiltanking Ltd (IOTL) is one of India’s largest third-party liquid tank storage players APSEZ has acquired 49.38% stake in IOTL and an additional 10% stake in one of its subsidiaries (IOT Utkal) Acquisition is well aligned with APSEZ’s strategy of…
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Netherlands signs declaration of intent on hydrogen with Oman
During the climate summit in Egypt (COP27), Prime Minister Rutte signed a declaration of intent with the government of Oman on hydrogen cooperation. The aim is to set up import and export facilities for green hydrogen. This allows the Netherlands to work on accelerating the energy transition beyond its borders…
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( IDSC ) launches the “Nebta” application network of environmental advocates
The Information and Decision Support Center at the Egyptian Council of Ministers ( IDSC ) launched the “Nebta” application, an application to form a huge network of environmental advocates and those interested in environmental affairs and to identify the best ways to cooperate to solve the climate crisis, save the…
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Cop 27 : Dirty fossil fuel investments and a new AI inventory of global emissions in the spotlight during ‘Finance Day’
The first of the ‘thematic’ days kicked off on Wednesday at COP27, focused on finance, and activists made it clear right from the start that there must be a global push to re-direct the hundreds of billions of dollars invested annually in fossil fuels to help fund community-led renewable energy…
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Eni and Leonardo working together on the development of decarbonisation projects
Eni and the Italian defense group Leonardo signed, today, Wednesday, an agreement to develop joint initiatives in the field of sustainability and innovation, with the aim of boosting the process of energy transition and decarbonization of their activities, the Italian Nova news agency reported. Under the agreement, Eni, a leader…
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A.P. Moller – Maersk to open doors to a new 100,000 sq. ft warehouse at Chattogram, Bangladesh
The three-storied facility is expected to go live by December 2022 and will help in addressing the warehousing capacity crunch faced by exporters out of Chattogram, Bangladesh. Maersk’s total warehousing footprint in Bangladesh will cross 300,000 sq. ft. with this new facility. Dhaka, Bangladesh: A.P. Moller – Maersk (Maersk), the…
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ICHCA Welcomes Transport Events Limited as New Member
The global association representing cargo handling companies ICHCA International (ICHCA) is delighted to welcome Transport Events, the organisation responsible for coordinating some of the largest trade events in the industry as a new member This new partnership has been welcomed by both parties as a framework to support their mutual…
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ASCAME :16th edition, MedaWeek Barcelona
Association of Mediterranean Chambers of Commerce and Industry (ASCAME) will held the next edition of the Mediterranean Week of Economic Leaders (MedaWeek Barcelona). on the 16th, 17th and 18th November 2022 in hybrid format: face-to-face in Barcelona and online. For its 16th edition, MedaWeek Barcelona will renew its commitment to…
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