Environment

French shipping giant CMA CGM is launching a new incentive program that will give U.S. customers a chance to earn carbon credits for returning containers

Shipping companies Crowley and Berge Bulk have emerged as participants in the latest funding round for Los Angeles-based Carbon Ridge, a leading developer of

International classification society the American Bureau of Shipping has granted its approval in principle for the world’s first methanol-powered

Maersk Supply Service will give its customers the option to use a blend of low-carbon biofuel as an option to reduce carbon emissions from offshore operations.

U.S. shipping company Crowley has emerged as an investor in hydrogen tech company Zero Emission Industries’ (ZEI) Series A funding round led by Chevron

Sept 12 (Reuters) – The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil

by Jonathan Saul (Reuters) A coalition of companies including oil major Shell and no. 1 container line MSC on Tuesday launched an initiative to explore ways

by Sybille de La Hamaide (Reuters) – French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at

By Will Mathis and Akshat Rathi (Bloomberg) — Green fuels and new engines to consume them could help limit climate-warming emissions from

Global towage operator Svitzer, part of A.P. Moller-Maersk, is launching a new global initiative that will limit the speed of its tugs in order help reduce

By Brian Platt and Michael Nienaber (Bloomberg) — Canada intends to start shipping green hydrogen produced by wind farms to Germany by 2025, the first

By Mike Wackett (The Loadstar) – The containership charter market could see a new spike this year, as liner operators look to redesign their

The port authorities at the ports of Singapore and Rotterdam, two of the largest bunkering ports in the world, have partnered up to launch what they claim will

By Todd Woody (Bloomberg) As battery makers scramble to procure cobalt, nickel, and other metals to meet rising consumer demand for electric cars, governmental

By Rachel Morison (Bloomberg) Short-term German power prices more than doubled as calm weather and the expected halt of gas flows on the Nord Stream pipeline

by Wesley Morgan (TheConversation) Prime minister Anthony Albanese is hoping his government’s more ambitious climate policy will help reset Pacific relations

by Nikolaj Skydsgaard (Reuters) A.P. Moller-Maersk has withdrawn its board member from industry organisation International Chamber of Shipping (ICS), partly

In recent years, shipping company disclosures have expanded to include ESG (Environment, Social, Governance). For companies with shares listed in the U.S.,

Singapore-based Sembcorp Marine has delivered its second of three battery-operated roll-on/roll-off (RoPax) passenger ferries to Norwegian ferry operator

By Jonathan Saul LONDON, July 1 (Reuters) – In a new take on ancient technology, Cargill, one of the world’s biggest charterers of ships, is to