In a move designed to support and build Scotland’s low carbon workforce, OPITO joined forces with the Acorn Project and Scottish Cluster to create a plan for industrial skilling and reskilling training.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has been selected again as an Asia Pacific Index component of the Dow Jones Sustainability Indices (DJSI), one of the leading global indices for ESG investing, for the 11th consecutive year since 2011.
UK-based ship management company V.Group has entered into a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and launched a dedicated ‘Sustainability & Decarbonization’ department.
Finnish technology group Wärtsilä revealed plans to commercially launch its Two-Stroke Future Fuels Conversion platform during the first quarter of 2022.
Marine services provider GAC Bunker Fuels has signed a Memorandum of Understanding (MoU) with biofuel producer Neutral Fuels to market its marine gas oil (MGO) diesel blend specifically developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar, and India.
After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.
Danish engineering company Danfoss is powering what is said to be the first Portuguese-built fully electric ferry, set to replace its diesel-powered counterpart.
Russia’s largest shipping company PAO Sovcomflot (SCF Group) has signed a new $110 million credit facility to finance two new ice-class shuttle tankers.
Royal Dutch Shell will simplify its share structure and remove the Royal designation from its name to speed up its transition.
North America’s port operator QSL has become the very first Canadian maritime company to adhere to the United Nations Global Compact, the world’s largest corporate sustainability initiative.
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies
The Biden-Harris Administration has passed new legislation as part of which billions of dollars will be invested in US port infrastructure and waterways.
A new global alliance has been announced during the COP26 summit in Glasgow, aiming to seek a managed phase-out of oil and gas production.
Norwegian RoRo shipping company Höegh Autoliners has decided to launch a private placement of new shares and list the company’s shares on Euronext Growth Oslo in order to accelerate decarbonization investments. As informed, the private placement is expected to raise gross proceeds in the region of N
