Maersk highlights global shortage of clean fuel amid green shipping push
This shortage could hinder the progress of global shipping companies in meeting the International Maritime Organization’s (IMO) goals for decarbonization by 2030 and beyond.
carbon capture and storage (CCS)
Stay updated with the latest news and articles about carbon capture and storage (CCS).
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Singapore and Japan forge partnership on carbon capture and storage technology
The bilateral accord, signed during a high-level meeting in Singapore, outlines a framework for joint research, development, and deployment of cutting-edge CCS technologies. This partnership aims to enhance both countries’ capabilities in capturing carbon dioxide emissions from industrial processes and securely storing them to mitigate environmental impact. The collaboration also includes sharing best practices, technical expertise, and investment in innovative solutions to advance CCS infrastructure.
South Korea commences construction of first large-scale CO2 carriers
The initiative is part of South Korea’s broader strategy to position itself as a leader in the global CCS market. By investing in the development of these specialized vessels, the country aims to support the international community's efforts to reduce greenhouse gas emissions and meet climate targets set by agreements such as the Paris Accord.