Incorporating carbon dioxide (CO2) captured from heavy fuel oil (HVO) combustion onboard ships into concrete production provides the highest emissions reduction—up to 60%—among all utilization pathways, a new study suggests. The Global Centre for Maritime Decarbonization (GCMD) recently performed a
The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps
International shipping can reach zero or very near zero tank-to-wake (TTW) CO2 emissions by 2050, and achieve 95%+ reductions in well-to-wake (WTW) greenhouse gas (GHG) emissions from 2018 levels, in scenarios aligned to a 1.5°C global temperature goal, according to a report from ERM, UMAS and UCL,
High levels of barnacle biofouling on underwater hulls across the global shipping fleet can significantly drag down decarbonization efforts and increase fuel costs, a new study found.
The next decade will be crucial for determining the role of nuclear power in the maritime industry. While holding the potential to significantly contribute to the decarbonization of shipping and port operations, nuclear power still needs a comprehensive and secure framework to be implemented, accord
The UK Department for Energy Security and Net Zero (DESNZ) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK) have presented the results of the joint feasibility study on the potential pipeline-based hydrogen trade between the UK and Germany.
The proposed South Korea–Europe Green Shipping Corridor (GSC) could cut carbon emissions by over 70% along key trade routes between Pyeongtaek Port and major European automotive hubs, a new report found.
Norway’s oil and gas player Vår Energi has published the interim report for the first quarter of 2025, disclosing what it says are strong results in line with expectations.
Hinicio, a Belgium-based consulting firm specializing in hydrogen and its derivatives, has outlined a series of recommendations aimed at supporting ports in Latin America and the Caribbean to play a central role in climate action and in advancing the hydrogen economy across the region.
China’s state-owned giant COSCO Shipping has strongly opposed the recent US move targeting China’s maritime logistics and shipbuilding sectors, calling it “discriminatory” and “harmful” to global trade stability. In response to the Office of the United States Trade Representative (USTR)’s new decisi
The World Shipping Council (WSC)—the voice of liner shipping—has expressed ‘serious’ concerns regarding the new port fee regime announced by the U.S. Trade Representative (USTR), cautioning that the measures could undermine American trade, hurt U.S. producers, and weaken efforts to strengthen the na
INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up
During the session held from April 7 to April 11, MEPC 83 approved the IMO Net-Zero Framework, said to be the first in the world to combine mandatory emissions limits and greenhouse gas (GHG) pricing across an entire industry sector.
The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shi
