The government of South Korea has laid out a plan to invest about KRW 222.3 billion (circa $152.89 million) to support the construction (or conversion) of 81 environmentally friendly vessels. According to the nation’s Ministry of Ocean and Fisheries (MOF), KRW 163.5 billion has been set aside from t
The US Federal Maritime Commission (FMC) has cleared the Premier Alliance, a global shipping alliance between South Korea’s HMM, Singapore’s Ocean Network Express (ONE) and Taiwan’s Yang Ming Marine Transport Corporation, for take-off. According to the FMC, the Premier Alliance will start on Februar
Lehmann Marine, a Germany-based lithium iron phosphate (LFP) battery systems specialist, has received type approval from the classification society Lloyd’s Register for its CUBE battery system.
The Swedish government has moved to ban discharges from exhaust gas cleaning systems (EGCSs) in Swedish territorial waters.
India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector.
Following the IMO Sub-Committee on Pollution Prevention and Response (PPR 12) session, bunker ships certified as oil tankers are set to be permitted to carry biofuel blends containing up to 30% biofuel. As informed, the PPR session was held in London from January 27 to 31, 2025, featuring discussion
A global scrubber ban seems to be a long way off for the International Maritime Organization (IMO) following the twelfth session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 12) held in London from January 27 to 31, 2025.
Despite ongoing concerns over unsafe and environmentally damaging shipbreaking practices, in 2024, 80% of the global vessel tonnage scrapped—totaling 255 out of 409 dismantled ships—was broken under substandard conditions on the beaches of South Asia, Belgian NGO Shipbreaking Platform has found. Not
A high greenhouse gas (GHG) price coupled with targeted subsidies for e-fuels have shown to be “essential” for mending the competitiveness gap between zero-emission fuels such as green ammonia and other early compliance options like liquefied natural gas (LNG), biofuels and carbon capture and storag
The World Shipping Council (WSC), the voice of the liner shipping industry, has called on the European Commission (EC) to recognize that liner shipping is investing in Europe and urged it to support the sector on its path to decarbonize supply chains, fostering open trade and protecting critical sea
Naturschutzbund Deutschland (NABU), a German environmental association, has sent a letter signed by 14 environmental protection organizations to the OSPAR Commission, calling for an end to heavy fuel oil and scrubbers.
Germany’s energy company Mabanaft plans to rebuild its tank terminal in the Port of Hamburg to enable the storage of methanol and facilitate its import to Northern Germany.
Port of Rotterdam and Port of Antwerp-Bruges are calling on the European Commission (EC) to make large-scale investments in the competitiveness of industry in Europe.
China’s shipping player COSCO Shipping Lines and Hong Kong’s independent not-for-profit technology consortium Global Shipping Business Network (GSBN) have unpacked a new pilot focused on ‘enhancing’ the sharing of digital documents and certificates for dangerous and critical cargo transportation. GS
