The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has released a new report detailing the effects of continuous utilization of biofuels during ship operations. The project titled LOTUS (Long-term impact of continuous use of biofuels on vessel operations) was carried out in collab
Japanese shipping company NYK has signed a new agreement with carbon capture, utilization, and sequestration (CCUS) company 1PointFive to purchase carbon dioxide removal (CDR) credits, neutralizing residual emissions and contributing to achieving net-zero by 2050.
The Port of Amsterdam, the second largest port in the Netherlands, has launched a Transition Fund to accelerate the shift from fossil to non-fossil cargo handling operations and help companies further reduce their carbon dioxide (CO2) emissions. As disclosed, through the Transition Fund, the goal is
The Isle of Man Ship Registry (IOMSR) has become the first flag state to join the Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping.
Companies from the United Kingdom (UK) and the United States (U.S.) have signed “major” new deals that are expected to supercharge the expansion of nuclear power stations in both countries. As disclosed by the UK government, the deals between the two nations have been enabled by a new agreement—to b
IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.
The Panama Canal is all set to implement a new category within its transit reservation system, the NetZero Slot, designed to propel maritime decarbonization and support the canal’s commitment to achieving net-zero emissions by 2050.
Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050.
The Port of San Diego, the U.S., has implemented and is making progress on 80% of the objectives outlined in its Maritime Clean Air Strategy (MCAS), according to the latest MCAS highlights report.
Classification society ABS has approved LCO₂FSIU, a floating storage and injection unit (FSIU) developed by Japan’s MODEC for receiving, temporarily storing, and ultimately injecting carbon dioxide (CO2).
Parkland, which operates the oil terminal at sections 94 to 96 of the Port of Montreal, Canada, has joined Green Marine, a certification program set to provide marine sector enterprises with guidelines and tools to improve their environmental performance.
Massachusetts-based renewable fuel and chemical production technology company Emvolon and Freepoint Commodities, a commodities merchant, have decided to enter into a long-term strategic collaboration to speed up the manufacturing and distribution of renewable methanol. According to officials from Em
HD HHI and HD KSOE have received approval in principle (AiP) from ABS for the concept design of a 16,000 TEU containership with an electric propulsion system.
Hong Kong-headquartered Luda Technology Group has signed a series of strategic cooperation agreements with several Chinese shipbuilding titans to jointly conduct the research and development (R&D) and manufacturing of specialty-material flanges and pipe fittings for ammonia-fueled vessels. Specifica
