Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG e
The proposal to introduce a fuel oil levy in the shipping industry to help speed up the transition from fossil fuels to zero-carbon alternatives has been postponed until the next IMO MEPC meeting. The discussion was held amid growing calls from the industry to introduce market-based measures to hel
Container shipping heavyweight Maersk is currently in discussions with equipment suppliers and yards on the order of a methanol-powered containership. The company announced plans to order the world’s first container vessel that can operate on carbon-neutral methanol in February 2021. Under the plan,
Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, says initial results from a biofuel trial carried out by one of the company’s chemical tankers have been very positive. Specifically, the 37,000 dwt chemical tanker Stolt Inspiration recently completed her transatlantic voyage partly powe
The removal of the X-Press Pearl’s wreck from the seabed off Colombo, Sri Lanka, will start once the South Westerly Monsoon season ends, according to the operator of the ill-fated vessel. The period in question covers the month of June until September. “Due to the exposed nature of the anchorage to
Brittany Ferries is exploring the potential for a new high-speed, sustainable and more efficient form of ferry travel called a seaglider.
Finnish shipbuilder Meyer Turku has started construction on Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel.
Hydrogen (LH2), be it blue, or green, is at the heart of the energy transition talks taking place around the globe, especially as major economies of the world pledge to become net-zero nations. Building up the hydrogen society has been a hot potato for decades and the switch from coal, fossil fuels,
A fusion-powered container vessel offers potential for lower transport cost, faster service, and zero emissions to air, DNV said in its Technology Progress Report on key energy systems technologies aimed at meeting global decarbonization targets. One of those technologies includes nuclear power, whi
The International Maritime Organization (IMO) has adopted efficiency measures to reduce carbon intensity from ships, targeting a 1.5 % annual ship CO2 intensity cut between 2023-2026. The measures are expected to result in an estimated 11% improvement by 2026 compared to 2019 levels and will take th
Kanfer Shipping AS, a Norway-based shipping company focusing on small-scale LNG and LNG bunkering, and Australia’s Oceania Marine Energy have signed a Letter of Intent (LOI) to build an ammonia-ready LNG bunkering vessel. The two companies said the vessel was part of their strategy to develop a long
The European Council has approved an extension of the Danish scheme for reduced tax charges for shore power for ships until June 2027. The scheme, which was due to expire in June this year, is being extended amid considerable backing from Danish shipping companies. The extension of the scheme for on
In an effort to reduce its main haul carbon emissions, DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has launched a new offer based on the use of sustainable marine fuels.
Several people were injured after a Greenpeace activist, protesting against oil, parachuted into the Allianz Arena in Munich before a football match in EURO 2020.
