logo
Meet the cement transport ship that makes cement ingredients while sailing

Meet the cement transport ship that makes cement ingredients while sailing

TechCrunch16-07-2025
Shipping has a pollution problem, but one company has a solution that does more than just eliminate a boat's carbon dioxide.
London-based Seabound has developed a carbon capture system that transforms CO 2 from the engine into limestone, a key ingredient in cement.
Fittingly, the company has installed it aboard the UBC Cork, a cement carrier currently sailing through the Mediterranean Sea. When the ship docks in Norway, the limestone created from the voyage will be offloaded and used to make more cement at Heidelberg Materials' net-zero plant in Brevik. (The name Heidelberg may ring a bell — earlier this year, it inked a deal to deploy more than 100 autonomous trucks from former Google exec Anthony Levandowski's startup Pronto.)
Both maritime shipping and cement are highly polluting industries, representing about 3% and 8% of global carbon emissions, respectively.
Their emissions are challenging to address, too. For shipping, batteries are not currently energy-dense enough to enable the sorts of voyages many vessels undertake. And the chemical reaction that forms Portland cement, the most widely used type, releases carbon dioxide, to say nothing of the fossil fuels that typically drive the process.
There's some urgency for maritime shipping to rein in its pollution: The International Maritime Organization (IMO), which regulates the global shipping industry, will require owners to trim greenhouse gas emissions from their fleets by 30% over the next decade, rising to 65% by 2040.
Seabound is just one company developing potential solutions. Another, Amogy, is proposing using its clever ammonia-cracking technology to deliver zero-emission power.
While ammonia has gained currency in the shipping industry as an energy-dense fuel with the potential to eliminate greenhouse gas emissions, its use would require ships to overhaul or completely replace their power plants.
Seabound is proposing a retrofit that would leave existing internal combustion engines intact, adding a carbon capture system that would tap into their exhaust pipes. Heidelberg Materials said that the use of Seabound's technology would help it reduce the emissions that result from shipping its cement.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Brewer AB InBev beats second-quarter profit forecasts, but volumes drag
Brewer AB InBev beats second-quarter profit forecasts, but volumes drag

Yahoo

time6 minutes ago

  • Yahoo

Brewer AB InBev beats second-quarter profit forecasts, but volumes drag

LONDON (Reuters) -Beer giant Anheuser-Busch InBev on Thursday reported forecast-beating second-quarter profits even as beer volumes slipped, dragged back by weak sales in China and Brazil. The world's top brewer by volumes said its organic operating profit in the three months to end-June rose 6.5%, ahead of analyst expectations of a 5.7% rise, thanks to a 3% revenue growth and cost management that expanded margins. The maker of Corona and Stella Artois has outperformed on profits, cheering investors. But it and other top brewers have struggled to get volumes growing. For AB InBev, these fell 1.9% organically in the second quarter, well behind expectations for a 0.3% decline. The company said it underperformed a soft industry in Brazil, one of its key markets, where bad weather hurt beer sales. In China, where AB InBev has been struggling to keep pace with fast growth enjoyed by rivals like Heineken, it saw a 7.4% decline in volumes. Sign in to access your portfolio

Nscale, Aker ASA and OpenAI to establish Stargate Norway
Nscale, Aker ASA and OpenAI to establish Stargate Norway

Yahoo

time6 minutes ago

  • Yahoo

Nscale, Aker ASA and OpenAI to establish Stargate Norway

FORNEBU, Norway, July 31, 2025 /PRNewswire/ -- Reference is made to today's stock exchange notice from Aker ASA ("Aker") where Nscale Global Holdings Ltd. ("Nscale"), Aker and OpenAI announced the launch of Stargate Norway: an advanced AI infrastructure project in Narvik, Northern Norway. The AI facility will be located in Kvandal, just outside Narvik and will be owned by a 50/50 joint venture between Nscale and Aker to be formed through wholly owned subsidiaries following the planned merger of Aker Horizons Holding AS and Aker MergerCo AS. Reference is made to the announcement made by Aker Horizons ASA on 9 May 2025 for terms of the merger. Completion of the joint venture is subject to agreed-upon closing conditions. For further information, please contact:Mats Ektvedt, Corporate Communications, tel: +47 41423328, email: This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in Regulation EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 31 July 2025 at 07:02 CET. This information was brought to you by Cision View original content:

Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback
Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

Wall Street Journal

time9 minutes ago

  • Wall Street Journal

Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

Standard Chartered STAN 0.33%increase; green up pointing triangle reported sharply higher net profit for the second quarter and announced a $1.3 billion share buyback. The London-based bank said Thursday that net profit rose 81% from a year earlier to $1.71 billion for the three months ended June. That beat the estimate of $1.24 billion in a poll of analysts by data provider Visible Alpha.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store