Green Shipping Corridors Face Cost Hurdles Despite Policy Support
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has reached a significant milestone in maritime innovation with the unveiling of its nuclear-powered
The maritime industry continues its steady shift toward alternative fuels, with 12 new orders for alternative-fuelled vessels placed in January 2025, all in
LNG-fueled vessels are rapidly emerging as the frontrunner in alternative marine fuels, despite representing just a fraction of the global fleet. A recent
MAN Energy Solutions has commenced testing of the world’s first full-scale, two-stroke marine engine running on ammonia at its Research Centre Copenhagen
LNG is remaining the dominant choice for alternative-fueled vessel orders in late 2024, accounting for 23 of the 27 new orders placed in November, according to
Energy giant Eni and global shipping leader MSC Group have signed a groundbreaking memorandum of understanding to advance their joint pursuit of sustainable
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash
SINGAPORE, Nov 15 (Reuters) – China is planning its first export quota for marine bunker that is blended with biodiesel, partly to
By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered
October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from
By Jeslyn Lerh SINGAPORE, Oct 28 (Reuters) – At one of the world’s biggest bulk export ports in Western Australia, shippers safely completed
By Paul Morgan — As the maritime industry grapples with the dual challenges of reducing greenhouse gas emissions and maintaining economic viability, the
A recent survey conducted by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has revealed widespread acceptance of ammonia as a marine
Marseille-based CMA CGM Group and French utility SUEZ Group have signed a memorandum of understanding (MOU) to establish a long-term industrial partnership
LNG-powered vessels have taken center stage in 2024, overshadowing methanol as the preferred alternative fuel choice for green shipping. This trend, reported
The maritime industry is witnessing a substantial shift towards liquefied natural gas (LNG) as a fuel source, with LNG-powered vessels now comprising over 2%
The global shipping industry is struggling to meet its goal of having zero-emission fuels account for 5% of all fuels by 2030, according to a new report from
The demand for alternative fueled vessels is showing substantial growth. In May 2024 alone, 33 new orders for alternative-fueled vessels were placed, with
One of the world’s leading shipbuilders, Hanwha Ocean of South Korea, is joining forces with New York-based Amogy to fast-track the implementation of
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