United Arab Emirates (UAE) has teamed up with Det Norske Veritas (DNV) on the establishment of a new UAE Decarbonization Centre. H.E Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime signed a Memorandum of Understanding (MOU) on establishing the fac
The European Commission (EC), Japan, the United States (U.S.), the Republic of Korea and Australia have signed a joint statement which reinforces their efforts towards the reduction of methane emissions arising across the values chain of LNG, from production to consumption. The joint statement by EC
The Port of Tacoma Commission on Tuesday voted to phase out greenhouse gas emissions under the port’s direct control by 2040, accelerating the target from 2050. This action primarily focuses on addressing Scope 1 and Scope 2 greenhouse gases, which encompass emissions from port-owned buildings, veh
Japanese industry stakeholders including e5 Lab, Marindows, e-Mobility Power, CHAdeMO Association, The Japan Ship Technology Research Association, Mitsubishi Shipbuilding, and Development Bank of Japan have established the Promotion Council for Zero Emission Chargers for Ships, aiming to promote the
The legal challenges over the project’s approval do not seem to be over, as the appeal process regarding a lawsuit is waiting in the wings.
The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen
The Crown Estate and the Centre for Environment, Fisheries, and Aquaculture Science (Cefas) have released a report which aims to help stakeholders involved in offshore wind developments better assess the impacts of electromagnetic fields (EMFs) from subsea power cables on the marine environment. Acc
The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a
Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.
The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le
Dutch shipping company JR Shipping has completed the installation of Value Maritime’s Filtree and Carbon Capture technology on the 9th vessel, MV Emotion. The installation on the 2008-built containership of 1,440 TEU was completed in Hamburg, Value Maritime said in an update. The latest development
A new carbon capture supply chain strategy is expected to pave the way for Britain to gain entry into the global supply chain market.
Italian cabling giant Prysmian has renewed its €1,000 million long-term revolving credit facility, including environmental and social KPIs among the parameters that determine the financing conditions. Prysmian reported on 13 July that it had signed the renewal of the €1,000 million long-term revolvi
European shipping emissions grew 3% last year as the industry edges closer to pre-pandemic levels, a new analysis by NGO Transport & Environment (T&E) shows. The analysis says that European shipping emitted over 130 million tonnes of CO2, with cruise ship emissions well up on the year before combine
