Published by Todd Bush on February 9, 2023
HOUSTON--(BUSINESS WIRE)--ABS Wavesight™, an ABS-affiliated company, has been selected to provide greenhouse gas (GHG) and Sea Cargo Charter reporting services to Chevron Shipping Company (CSC). ABS My Digital Fleet™ (MDF), ABS Wavesight’s flagship platform, will be used to improve CSC’s emissions reporting practices as it pursues lower carbon operations.
>> In Other News: Chevron Announces Agreement to Acquire PDC Energy
CSC plans to use ABS Wavesight to streamline and consolidate existing GHG data collection practices and systems by creating a single repository to use in meeting the International Maritime Organization, European Union, Sea Cargo Charter, and other reporting requirements. MDF’s ability to provide robust data collection, validation and verification will also allow CSC to make more informed, data-based, technical, operational, and commercial decisions.
“The maritime industry is at a critical stage where access to real-time insights that can drive sustainable operations and reduce operational risks is essential,” said Paul Sells, President and CEO of ABS Wavesight. “Chevron’s decision to partner with ABS Wavesight speaks volumes about the company’s commitment to meeting global decarbonization goals and setting a standard for operational excellence. We look forward to working closely with Chevron to make an impact and set the tone for shipping’s next era.”
“Data plays a powerful role in fulfilling our commitment to helping the maritime industry reach its decarbonization goals,” said Mark Ross, President, Chevron Shipping Company. “We know that in order to reach our lower carbon goals and objectives, partnerships and new industry data practices will be required.”
ABS MDF seamlessly integrates data to provide real-time insights that facilitate risk management and drive sustainable operations within the maritime and offshore sectors. Key benefits of MDF include optimizing voyage performance, capitalizing fuel-saving opportunities, improving asset risk management, and benchmarking capabilities. MDF leverages connected devices to make real-time data available on a unified platform, further improving communication and efficiency across organizations.
For more information about ABS Wavesight and ABS My Digital Fleet, visit the ABS Wavesight website.
>> In Company Spotlight: Chevron
ABS Wavesight™, an ABS-affiliated company, is a global leader in the maritime technology industry pushing to decarbonize operations at sea through digitalization. Through its industry-leading My Digital Fleet™ and Nautical Systems platforms, ABS Wavesight provides maritime clients innovative fleet management software to improve the reliability and performance of their shipping operations. ABS Wavesight’s portfolio is comprised of best-in-class proprietary technology and third-party integrations that offer unparalleled insight into every aspect of a fleet’s operations.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Inside This Issue 🌍 Innovating the Future: Gautam Swami's Global Journey in Low-carbon Energy and Finance 🌊 Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O...
EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State
PORTLAND, Ore.--Yesterday, EFM, a forest investment and management firm, and Meta announced that they have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based car...
Carbon Direct Releases Criteria for High-Quality Marine CDR in Collaboration with Microsoft
New standards aim to support buyers and developers in advancing scientifically rigorous, scalable mCDR solutions Key Takeaways: New standards for marine carbon dioxide removal (mCDR) – Carbon ...
dynaCERT Applauds the Expansion of the Ontario Hydrogen Innovation Fund
TORONTO – dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) applauds the recently announced changes of March 31, 2025, proposed for the Ontario Government Hydrogen Inno...
$28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault's balance sheet for the first resiliency c...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.