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World Bank rejects LNG as usable fuel to reach climate goal by 2050

In a new statement, the World Bank rejects liquefied natural gas, LNG, as a usable ship fuel to reduce CO2 emissions in shipping and meet the IMO's climate targets by 2050. Instead, the bank points to ammonia and hydrogen.

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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