Latest news with #Decarbonization
Yahoo
17-07-2025
- Automotive
- Yahoo
Hyundai Glovis Partners with Lab021 to Deploy ‘Vessellink'
Driving Digital Transformation in Maritime Carbon Management TOKYO, July 17, 2025--(BUSINESS WIRE)--Hyundai Glovis, a global leader in smart logistics, has entered a strategic partnership with maritime IT solutions provider Lab021 to implement Vessellink, an advanced digital reporting system designed for ship operations. The collaboration aims to integrate Vessellink for Ship, Lab021's flagship platform, into Hyundai Glovis's maritime operations. This system automates data collection, analysis, and reporting of critical vessel metrics such as real-time voyage monitoring, carbon emissions, and operational efficiency. By digitizing these processes, Hyundai Glovis seeks to enhance operational intelligence and agility while reducing reliance on manual reporting. This initiative is timely as the maritime industry faces increasing regulatory demands on decarbonization. The International Maritime Organization (IMO) is advancing measures targeting greenhouse gas reduction, including stricter carbon intensity standards and the introduction of a global carbon pricing mechanism expected around 2027. In parallel, the European Union's FuelEU Maritime regulation, effective in 2025, requires vessels calling at EU ports to progressively increase the use of low-carbon fuels. Additionally, the EU Emissions Trading System (EU ETS) extended its scope to include shipping in 2024 and plans full emissions coverage by 2026. By adopting Vessellink, Hyundai Glovis positions itself ahead of these regulatory requirements, strengthening its Environmental, Social, and Governance (ESG) commitments. The platform's detailed emissions tracking and real-time reporting improve transparency and build trust with global customers and regulators. A Hyundai Glovis spokesperson commented, "We are upgrading our data management to align with the maritime sector's goals for decarbonization and digital innovation. Vessellink enables compliance and streamlines our operations. We look forward to expanding our partnership with Lab021 to develop smarter, greener shipping solutions." Lab021 CEO Sangbong Lee added, "Vessellink represents the future of maritime digitalization, merging precise vessel data with intelligent automation. Our partnership with Hyundai Glovis marks a key step in expanding global adoption of data-driven carbon management tools in shipping." This collaboration highlights Hyundai Glovis's commitment to future-proofing its maritime activities and reflects the broader industry trend where digital transformation is essential for sustainable shipping. View source version on Contacts Michael(Minwoog) Kang Sales Team / DirectorLAB021 Co.,Ltd, 72, Chungjang-daero 5beon-gil, Jung-gu, Busan, Republic of KoreaT : +82 70 8820 8903 F : +82 51 980 6550 M : +82 010 8642 7017E : sales@ , mwkang@ W :
Associated Press
02-06-2025
- Business
- Associated Press
How are global cities building a shared future with Shanghai？
SHANGHAI, June 1, 2025 /PRNewswire/ -- A report from ShanghaiEye. City Diplomacy as the Third Bridge As the 2025 Shanghai International Friendship Cities Cooperation Forum concluded on May 29, a quiet revolution in city-led global governance was underway. Delegations from 26 cities across 22 countries lingered in Shanghai—not just to admire its skyline, but to trade blueprints for a decarbonized, youth-driven urban future. From Los Angeles' EV car-sharing schemes to Namibia's waste buyback centers, the forum revealed how cities are bypassing geopolitical gridlock to share solutions. 'Heritage buildings and tidal energy—what strikes me is how much we can learn from each other,' observed Nick Small of Liverpool City Council, where the River Mersey now powers district heating networks. The Green Playbook: Local Actions, Global Impact Brazil's sugarcane-derived bioethanol fuels over 80% of its light vehicles. 'Our hybrid fuel model cuts emissions while preserving jobs,' explained Jucelia Oliveira Freitas, Rio de Janeiro's legislative vice president. The Blue LA program—California's largest EV car-sharing initiative—targets low-income neighborhoods with subsidized rates. 'Pilots like this prove demand exists,' said Deputy Mayor Dilpreet Sidhu, noting the city's 77% surge in charger installations since 2022. Mayor Ndeshihafela Larandja introduces Windhoek's recycling buyback centers pay residents for trash. 'Behavior change requires incentives.' she noted. Youth as Co-Creators Cities are institutionalizing youth participation with startling pragmatism: Tacoma, USA: The Jobs 253 program embeds teens in city planning roles. 'Students don't just observe—they design green infrastructure,' said Mayor Victoria Woodards. Espoo, Finland: Elected Youth Council members hold veto power over education budgets. Tbilisi, Georgia: Grants fund student innovations like disability-assist robots. 'We finance what they need, not what we assume,' stressed Deputy Mayor Andria Basilaia. Shanghai's Offerings So where are the possible collaborations? For Tbilisi: Student exchanges to co-develop smart city tech For Windhoek: Renewable energy know-how to reduce grey energy dependence For Liverpool: Heritage preservation strategies adaptable to high-density cities For Ho Chi Minh City: An 'Inter-City Green Corridor' linking major logistics and commercial hubs—including Shanghai, Singapore, Busan, Ho Chi Minh City, and Jakarta. The Common Vision The forum's unspoken consensus? That a city's competitiveness now hinges on two assets: carbon-neutral infrastructure and youth trust-building. National governments debate; cities just do. In an era of fragmentation, urban networks like this may be our best bet for a shared future. View original content to download multimedia: SOURCE ShanghaiEye
Yahoo
02-06-2025
- Business
- Yahoo
How are global cities building a shared future with Shanghai？
SHANGHAI, June 1, 2025 /PRNewswire/ -- A report from ShanghaiEye. City Diplomacy as the Third BridgeAs the 2025 Shanghai International Friendship Cities Cooperation Forum concluded on May 29, a quiet revolution in city-led global governance was underway. Delegations from 26 cities across 22 countries lingered in Shanghai—not just to admire its skyline, but to trade blueprints for a decarbonized, youth-driven urban Los Angeles' EV car-sharing schemes to Namibia's waste buyback centers, the forum revealed how cities are bypassing geopolitical gridlock to share solutions. "Heritage buildings and tidal energy—what strikes me is how much we can learn from each other," observed Nick Small of Liverpool City Council, where the River Mersey now powers district heating Green Playbook: Local Actions, Global ImpactBrazil's sugarcane-derived bioethanol fuels over 80% of its light vehicles. "Our hybrid fuel model cuts emissions while preserving jobs," explained Jucelia Oliveira Freitas, Rio de Janeiro's legislative vice president. The Blue LA program—California's largest EV car-sharing initiative—targets low-income neighborhoods with subsidized rates. "Pilots like this prove demand exists," said Deputy Mayor Dilpreet Sidhu, noting the city's 77% surge in charger installations since 2022. Mayor Ndeshihafela Larandja introduces Windhoek's recycling buyback centers pay residents for trash. "Behavior change requires incentives." she as Co-CreatorsCities are institutionalizing youth participation with startling pragmatism:Tacoma, USA: The Jobs 253 program embeds teens in city planning roles. "Students don't just observe—they design green infrastructure," said Mayor Victoria Finland: Elected Youth Council members hold veto power over education Georgia: Grants fund student innovations like disability-assist robots. "We finance what they need, not what we assume," stressed Deputy Mayor Andria OfferingsSo where are the possible collaborations?For Tbilisi: Student exchanges to co-develop smart city techFor Windhoek: Renewable energy know-how to reduce grey energy dependenceFor Liverpool: Heritage preservation strategies adaptable to high-density citiesFor Ho Chi Minh City: An "Inter-City Green Corridor" linking major logistics and commercial hubs—including Shanghai, Singapore, Busan, Ho Chi Minh City, and Common VisionThe forum's unspoken consensus? That a city's competitiveness now hinges on two assets: carbon-neutral infrastructure and youth trust-building. National governments debate; cities just do. In an era of fragmentation, urban networks like this may be our best bet for a shared future. View original content to download multimedia: SOURCE ShanghaiEye Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
LSB Industries, Inc. to Participate in UBS Energy Transition and Decarbonization Conference on Wednesday, May 14th
OKLAHOMA CITY, May 09, 2025--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE: LXU) ("LSB" or the "Company"), today announced that its Vice President of Clean Energy, Jakob Krummenacher, will participate in the UBS Energy Transition and Decarbonization Conference in New York City on Wednesday, May 14th. Mr. Krummenacher will be available for one-on-one meetings all day at the conference. Additionally, Mr. Krummenacher will be participating in a panel discussion, "Scaling Carbon Capture Solutions Across Industry" from 11:30 am to 12:00 pm ET. To attend the conference and schedule a meeting please contact your UBS sales representative or Fred Buonocore, LSB's Vice President of Investor Relations at fbuonocore@ About LSB Industries, Inc. LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, is committed to playing a leadership role in the energy transition through the production of low and no carbon products that build, feed and power the world. The LSB team is dedicated to building a culture of excellence in customer experiences as we currently deliver essential products across the industrial and agricultural end markets and, in the future, the energy markets. The company manufactures ammonia and ammonia-related products at facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma and operates a facility for a global chemical company in Baytown, Texas. Additional information about LSB can be found on our website at View source version on Contacts Investor Contacts: Fred Buonocore, CFA, Vice President of Investor Relations(405) 510-3550fbuonocore@ Media Contact: David Kimmel, Director of Communications(405) 815-4645dkimmel@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
