The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
The Maritime and Port Authority of Singapore (MPA) and the International Association of Classification Societies (IACS) have signed a Letter of Intent (LOI) to collaborate on various maritime digitalization and decarbonization initiatives.
Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &
Dubai-based port operator DP World has joined the First Movers Coalition (FMC), setting a target of 5% of its marine power to come from hybrid engines and zero-emission fuels by 2030.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C
Indonesia’s PT Pertamina International Shipping (PIS), a subsidiary of PT Pertamina (Persero), and Turkey’s Karpowership have formalized a general partnership agreement (GPA) to develop sustainable energy infrastructure in Indonesia. Under the GPA, which was formalized during the COP28 in Dubai on F
Cargo Owners for Zero Emission Vessels (coZEV) has welcomed ten additional member, climate-leading companies, including Mondelēz International, Pledge, Reckitt, and REI Co-op. Flexport, Meta, Nestle, Royal Coffee, Standing CT, and Trek Bikes.
A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.
Danish energy company Ørsted has secured support from the EU-Catalyst Partnership, which consists of the European Commission (EC), Breakthrough Energy Catalyst, and the European Investment Bank (EIB), for its FlagshipONE project, also known as Europe’s largest e-methanol plant. On December 1, at COP
The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green
Huisman has unveiled a cable-lay system that ensures fast mobilization and demobilization for multi-purpose vessels (MPVs).
Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transit
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has tested an autonomous navigation system on the 11,413 gross-ton large RORO cargo ship HOKUREN MARU No. 2, operated by K-Line on a round-trip route of approximately 1,600 km between Hitachi Port and Kushiro Port. The system was trialed in th
