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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville construction company Sauer gets Defense contract bumped by $25 million - Jacksonville Business JournalThe task order was just issued earlier this month and has already jumped in value.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Jacksonville construction company Sauer gets Defense contract bumped by $25 million - Jacksonville Business JournalThe task order was just issued earlier this month and has already jumped in value.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

St. Augustine Music festival offers business insight to local artists - Jacksonville Business JournalJust before Sing Out Loud wrapped up its final weekend, music industry insiders offered their tips on making the most of opportunities.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

These office markets may see biggest impact from remote-work adoption - Jacksonville Business JournalThe U.S. Census Bureau released data from its 2021 American Community Survey earlier this month, including metrics that show how much work-from-home has increased since the Covid-19 pandemic.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Lennar Corp. lowers home prices, cancels land purchases as interest rates rise - Jacksonville Business JournalOne of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.
Source: JaxBizJournal - 🏆 599. / 51 Read more »