Perhaps the best quote of the Connecticut Maritime Association (CMA) conference sessions covering maritime finance came from one of the panels, with the catchy (maybe “kitschy” is a better word)...

A.P. Moller – Maersk has announced a minority investment in a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. Maersk’s investment in...

By Jack Wittels (Bloomberg) — The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to...

A shipping industry trade group representing over 80% of the world’s merchant fleet has proposed a bold new plan to help the industry achieve net zero CO2 emissions by 2050,...

Shipping commentators and observers have suggested that a vessel’s carbon emissions profile will be right up there with LOA, DWT and other descriptors of vessel characteristics. Right now, the shipping industry’s...

“How do we get from today to the future?”, was a question presented to David Cummins, the President and CEO of the Blue Sky Maritime Coalition, a group working on...

A.P. Moller – Maersk has bought into a Silicon Valley-based electrofuels startup as the world’s leading ocean liner works to decarbonize its marine operations. The minority investment in Prometheus Fuels...

This time, it’s going to be different. Well, maybe yes, maybe no. The second day of the Marine Money Climate conference featured a group of excellent high level presentations- looking...

By Jonathan Saul LONDON, Sept 22 (Reuters) – More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully...

The maritime climate season has now officially begun. Marine Money, the prodigious publisher and conference organizer which has positioned itself at the intersection of maritime and climate related matters, kicked...

The founder of the stock market’s only freight futures exchange-traded fund (ETF) focused exclusively on the dry bulk shipping sector has launched the world’s first “green” technology shipping ETF. ETF...

The International Transport Workers’ Federation (ITF) is backing a zero-carbon emissions target for shipping by 2050, saying that the energy transition can bring benefits to workers if done in the...

By Nick Savvides at London International Shipping Week (The Loadstar) – MSC has embraced market-based measures (MBMs) to help the industry meet its climate change targets, CEO Soren Toft said today. Speaking...

Maersk CEO Soren Skou says the International Maritime Organization should take a tip from the European auto industry by banning the construction of fossil fueled ships. His comments, which were...

COPENHAGEN, Aug 18 (Reuters) – A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship...

Belgian gas shipping company Exmar is partnering up with Canadian fertilizer company Nutrien to develop and build a low carbon ammonia-fueled vessel. The two companies have signed a Collaboration Agreement...

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...

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...

Finnish technology group Wärtsilä has recently completed full-scale engine tests using hydrogen and ammonia fuel, describing the tests as key to decarbonizing the energy and marine sectors. The tests were...

By Jonathan Saul and Kate Abnett LONDON, July 14 (Reuters) – The European Commission on Wednesday proposed adding shipping to the bloc’s carbon market for the first time, adding pressure on an...