Wärtsilä collaborates with leading naval engineering firm to reduce port emissions across North America

Technology group Wärtsilä has entered into a collaboration agreement with Seattle, USA based naval architecture and marine engineering firm, Elliott Bay Design Group (EBDG), to further develop EBDG’s Clean Harbor Alternative Mobile Power (CHAMP) Barge design. Featuring Wärtsilä’s methanol engine technology, the collaboration introduces a cost-effective solution to reduce emissions from large vessels in situations …

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Wartsila aims to sell CCS with quick paybacks for IMO 2040 target

Wartsila aims to start selling a marine carbon capture and storage system with quick paybacks next year, according to a company manager, suggesting the novel technology could accelerate the shipping industry’s decarbonization pace for the International Maritime Organization’s climate target for 2040. Having been running the CCS system at an onshore test facility for two …

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Baltic index ticks down as capesize losses offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 0.3% at 2,291 points. The capesize index snapped its nine-session rising streak, shedding …

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