MAN Energy Solutions says it has won an order to supply the engine for the shipping industry’s first methanol-fueled containership. The ship, a 2,100 TEU-capacity feeder, is under development for...

Japanese shipping group Mitsui O.S.K. Lines has partnered with others to research and develop triangular sails that can be mounted on ships’ cargo cranes and other equipment to boost propulsion...

A study is being conducted by MSC to find out if it is possible to build the world’s first hydrogen-powered cruise ship.

California has given Scripps Institute of Oceanography $35 million to design and build a new coastal research vessel. The project includes a hydrogen-hybrid propulsion system.

Shipping industry stakeholders will convene a cross-industry event at COP26 with leaders in energy, politics and finance to discuss maritime decarbonization efforts. COP26 is the UN climate change conference to...

Japanese shipping line Mitsui O.S.K. Lines will acquire a 40 percent stake in Methanex’s Vancouver-based subsidiary Waterfront Shipping (WFS), which operates the world’s largest fleet of methanol tankers, for $145...

MSC Mediterranean Shipping Company (MSC) is teaming up with Shell to develop alternative fuels and technology to help the shipping sector’s energy transition towards decarbonization. MSC will work with Shell...

French handbag manufacturer Longchamp has secured space on board NEOLINE’s new sailing cargo ships. Under the agreement, Longchamp has committed to shipping at least 50% of its annual container volume...

by Vera Eckert (Reuters) German energy exchange EEX on Monday launched a zero carbon freight index (ZCFI) which combines the bourse’s dry freight and emission permits prices to show operators...

Abu Dhabi has initiated discussions on the development of an industrial-scale green hydrogen to ammonia export project. Partners in the project and Abu Dhabi National Energy Company PJSC (TAQA) and...

Swiss-based MSC Mediterranean Shipping Company has moved up a notch Transport & Environment’s ranking of Europe’s biggest carbon emitters. The Brussels-based non-governmental environmental group reports that MSC emitted 10.9Mt of...

By Gabriel Leigh (Bloomberg) Hop on a ferry in Norway and it’s increasingly likely that the rumble of a diesel engine will have been replaced by the quiet hum of...

Swiss-based methanol producer Proman has announce plans to build two additional methanol-powered tankers, bringing its total number on order to six. The 49,900 DWT dual-fuel MR tankers will be constructed...

Maersk has announced signing a shipbuilding contract for the world’s first containership powered by carbon neutral methanol. The contract was signed with Hyundai Mipo Dockyards and calls for the a...

By Mariana Durao (Bloomberg) Tiny bubbles are the latest hope for bringing down fuel costs and emissions along the more than 13,000-nautical mile journey from Brazilian iron ore mines to...

By Vel Moonien in Mauritius, Mitsui O.S.K Lines (MOL) has established a charitable trust in Mauritius, pending the launch of a MOL Japanese Foundation, to support environmental and social projects....

By Todd Woody (Bloomberg) –A seabed mining startup, DeepGreen Metals (NYSE SPAC Listing $SOAC) has successfully sold itself to investors as a game-changing source of minerals to make electric car...

Norwegian shipbuilder Ulstein has been elected to design a non-fossil fuel containership capable of achieving zero emissions. The contract was awarded by EDGE Navigation AS to Ulstein Design & Solutions...

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions from an industry that spews more C02 into the...

With the conclusion of the International Maritime Organization’s MEPC 76 meeting, several major shipping industry bodies are calling on governments to make good on their word and not waste any...