Shipping’s Decarbonization Voyage: Big Money Needs and Uncertain Technologies
By Barry Parker (gCaptain) – Capital Link’s Maritime Forum last week covered a wide range of shipping topics, ranging from supply chain issues to
By Barry Parker (gCaptain) – Capital Link’s Maritime Forum last week covered a wide range of shipping topics, ranging from supply chain issues to
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
One of the world’s largest container shipping lines and terminal operators is throwing its support behind a bill introduced in the U.S. House 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
French container shipping giant CMA CGM is setting aside $1.5 billion over the next five years to accelerate the energy transition in shipping and help it
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 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 John Konrad (gCaptain) A new report found that more than 75% of ships will not meet the International Maritime Organization’s (IMO) new Environmental
By Todd Woody (Bloomberg) As battery makers scramble to procure cobalt, nickel, and other metals to meet rising consumer demand for electric cars, governmental
With the IMO yet to finalize its climate change strategy, two Congressmen from California have introduced a bill seeking to eliminate greenhouse gas emissions
In recent years, shipping company disclosures have expanded to include ESG (Environment, Social, Governance). For companies with shares listed in the U.S.,
A joint venture between a leading global methanol producer and one of the world’s largest tanker shipping companies has taken delivery of its second
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
PARIS, June 30 (Reuters) – Shipping line CMA CGM and energy group Engie plan to launch biomethane production in France in 2026 as they look to
U.S.-based Crowley has released its inaugural sustainability report establishing a reference point to measure progress towards its environmental, social and
ESG (Environment-Social-Governance) considerations are tied integrally into shipping finance. For example, the costs of vessel loans (and soon, maritime hull
Nearly 100 representatives from across the maritime industry met in Copenhagen this week to formulate an action plan for decarbonizing the shipping sector. The
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