Crowley Maritime makes investments in green innovation - Jacksonville Business Journal

Crowley Maritime has made two significant investments to further its net-zero goals to reduce its carbon footprint.

Crowley, which is a minority shareholder in both companies, is working toward reducing carbon emissions by investing in companies that are making waves in the industry and taking tangible steps toward green goals.These companies, companies like zero emission industries, are highly aligned with our energy goals and decarbonization goals.The investment in ZEI comes as the company rolls out a new marine power system using hydrogen power cells.

ZEI’s technical expertise and innovation, combined with partners Chevron and Crowley, will help enable the accelerated deployment of hydrogen technologies across the maritime market to create lower carbon and potentially zero emission power for the industry. The investments enable Carbon Ridge to continue development of the company’s OCCS technology for an onboard pilot in 2023, using the funds to support development of novel onboard carbon capture technology to decarbonize shipping.

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