decarbonization

By Jennifer Epstein and Jennifer A. Dlouhy (Bloomberg) — President Joe Biden brought the U.S. back into the global fight against climate change on

Several of the world’s major shipping organizations are calling on world leaders to urgently examine the role of so-called market-based measures (MBMs)

SINGAPORE, April 21 (Reuters) – The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the

The United States will push the International Maritime Organization towards net zero emissions by 2050. In 2018, the IMO adopted an initial strategy seeking to

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s

By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect

By Erica Yokoyama and Tsuyoshi Inajima (Bloomberg) — Some of the biggest industrial companies in Japan are working on a project that could trigger a

SINGAPORE, April 15 (Reuters) – BHP Group Ltd said on Thursday it completed its first refuelling of a ship with biofuel this month in a trial run that is

French shipping line CMA CGM says it will purchase 12,000 tonnes of biomethane fuel as part of the company’s plan of becoming carbon neutral by 2050.

Japanese shipping group Mitsui O.S.K. Lines (MOL) is betting on the future of carbon capture and storage with an investment in a company specializing in liquid

By Jonathan Saul LONDON, March 16 (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in

By Jonathan Saul LONDON, March 11 (Reuters) – Shipping and trade groups are calling on the European Union to advance the development of ammonia

Shipping trade groups representing the vast majority of the global shipping industry are throwing their support behind a “moon-shot” proposal by

A handful of major maritime industry stakeholders including Maersk and Keppel have teamed up to study and possibly develop a green ammonia ship-to-ship

Tanker shipping company Stena Bulk has become the latest to unveil a radical new ship design that the company says challenges conventional thinking around

By Barry Parker (gCaptain) – The International Maritime Organization is expected to codify a transitional (i.e. 2030) energy efficiency pathway for

By Ari Natter (Bloomberg) — Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind

By Jonathan Saul LONDON, March 3 (Reuters) – Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital

By Valerie Volcovici WASHINGTON, March 2 (Reuters) – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing

COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s