With International Maritime Organization targeting a 50% reduction in greenhouse gas emissions from ships by 2050, focus is shifting to which alternative fuels will help the industry achieve the ambitious...

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which...

By William Mathis (Bloomberg) — Danish electrolyzer startup Green Hydrogen Systems A/S raised 28 million euros ($34.3 million) to scale up production of the technology that’s at the heart of the...

By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships that generate lower emissions, an executive said, the latest...

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for...

By Andrew Noël (Bloomberg) — Yara International ASA plans to convert a plant in Norway to produce green ammonia in a bet the chemical will become a go-to fuel for emission-free...

European ferry operator DFDS has announced plans for a partnership to develop a hydrogen-powered ferry to be in operation as soon as 2027. The partnership includes DFDS, ABB, Ballard Power...

By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its...

By Jonathan Saul LONDON, Nov 17 (Reuters) – The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part of efforts to reduce the...

The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development program that would help accelerate zero-carbon fuels...

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the Brazil’s leading...

By Jonathan Saul LONDON, Nov 11 (Reuters) – The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials said on...

By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be ramping up now as the International...

By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) –Seeking to blunt concerns about the damage natural gas does to the environment, some of the world’s largest shippers of the fuel are selling...

by George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate activists often see the process of...

By Jessica Shankleman and Ewa Krukowska (Bloomberg) –Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s cargo ships, a step forward after two years of...

By The Editors (Bloomberg Opinion) –Shipping emits a much greater share of greenhouse-gas emissions than you might think — more than a million tons annually, nearly 3% of the global...

By Aaron Clark (Bloomberg) –Global energy and commodity titans including Royal Dutch Shell Plc, Trafigura Group Ltd. and Cargill Inc. plan to start disclosing greenhouse gas intensity and total emissions...

Royal Dutch Shell has set its sights on net-zero emissions in shipping. In a new report, Shell highlights the important role that hydrogen fuel cells could play in decarbonizing the...

By Ryan Hesketh and Jack Wittels (Bloomberg) — Shipping is the backbone of the global economy, responsible for about 90% of world trade. But it also accounts for almost 3%...