Jan Ole Huseby, head of Global Ocean Industries at Norway-based DNB, one of the world’s leading ‘ocean space’ banks, discusses the role of finance in enabling the sustainable transition the maritime industry so desperately demands “There’s a gap between ambition and reality at present, and if we don’t work to bridge that divide we face […]
Zero-emission tug helps the Big Apple get greener Late 2023 will see a 66-year-old New York vessel enjoy a second lease of life as a carbon emission-free tugboat, thanks to an ammonia-to-power system developed by Amogy New York-based start-up Amogy has announced its plans to unveil a zero-emission tugboat later this year, utilising ammonia as […]
Hybrid tug brings sunshine to Singapore Joining Singapore’s list of ‘green vessel firsts’, which includes the 2022-launched all-electric cargo vessel Hydromover and all-electric patrol boat MPA Guardian, the new hybrid tug JMS Sunshine is being hailed as Singapore’s first vessel to incorporate a pure LNG engine. Built domestically by Sembcorp Marine for its Jurong Marine […]