Environment

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by Nikolaj Skydsgaard (Reuters) A.P. Moller-Maersk has withdrawn its board member from industry organisation International Chamber of Shipping (ICS), partly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

A newcastlemax bulk carrier belonging to Singapore-based Berge Bulk will be fitted with four WindWings sails in the second quarter of 2023. The WindWings

U.S.-based Crowley has released its inaugural sustainability report establishing a reference point to measure progress towards its environmental, social and

by John Konrad (gCaptain) Gunvor, the energy trading firm and shipowner cofounded by sanctioned Russian Oligarch and Putin’s long-time friend Gennady

An electric ferry may have set a new world record after sailing 50 nautical miles on a single battery charge. The ferry, named Ellen, typically operates

By Jack Wittels (Bloomberg) — Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the

By Ewa Krukowska and John Ainger (Bloomberg) — The European Parliament failed to clinch a deal on the biggest overhaul of the bloc’s carbon market

French shipping giant CMA CGM has placed newbuild orders for 16 dual-fuel containerships, including six powered by carbon neutral methanol—a first for the