shipping

South Korean Hanwha Group Emphasizes On ‘Decarbonization Of Shipping’ At Davos

Vice Chairman of South Korea-based clean energy company Hanwha Group, Dong Kwan Kim, talked about the decarbonization of shipping and plans to build a zero-emission gas carrier at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Under this concept, the vessels will be run on alternative fuels which will happen for the first […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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India’s 12 major ports to build 83 MW solar photovoltaic power plant

Twelve major ports of India plan to commission 83-MW solar photovoltaic power plant projects from their own resources. Minister of State for Shipping Pon Radhakrishnan said, “The Government proposes to implement utility-scale solar photovoltaic power plant projects at various major ports across the country. The funds for establishment of solar power projects are arranged by […]

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