Tag Archives: industry

Joint Study on Ammonia as Marine Fuel

A total of 23 companies, including ClassNK, ABS, DNV, Equinor and TotalEnergies, have entered into a memorandum of understanding on the joint study of common issues regarding ammonia as an alternative marine fuel. These issues include: safety assessment of NH3 fuel under guideline, safety assessment of NH3 bunkering, NH3 fuel specification, and NET CO2 emission at NH3 production. Moreover, this

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Shellfish Aquaculture Funding Opportunity

The U.S. National Sea Grant Office and the NOAA Ocean Acidification Program are funding a joint competition to finance proposals that seek to establish, continue and/or expand collaborations between researchers and the shellfish aquaculture industry. Specifically, applications to this competition should utilize new or existing research/industry partnerships to study how ocean and coastal acidification in combination with other stressors impacts

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CFD Supports Greener Shipping

Windship CFD

Environmental concerns are influencing a greater need for renewable and sustainable energy across the world with specialist technologies being at the forefront of new designs and solutions. As maritime industries begin to tackle climate change issues, ports and shipping companies are looking for carbon-free alternatives by testing potential solutions for vessels. The requirement to make a move toward greener shipping

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Maritime Industry Market Overview by SMM

Hamburg

The COVID-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago,” says Gita Gopinath, chief economist at the International Monetary Fund (IMF). She believes the global economy will shrink by nearly 5 percent. The maritime industry will be hit especially

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