decarbonization

Singapore-based Sembcorp Marine, together with partners Mitsui O.S.K Lines and ITOCHU Corporation have announced Approval in Principle from the American Bureau

A.P. Moller – Maersk on Monday confirmed it has exercised options for four additional newbuild containerships to be powered by carbon neutral methanol.

Dutch ship designer Conoship International Projects has unveiled its design for a series of six “future-proof” general cargo ships which the

By Jonathan Saul LONDON, Dec 22 (Reuters) – Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate

Alabama-based Master Boat Builders has kicked off construction on Crowley’s all-electric tug – a first in the United States. The tug, named eWolf,

Norway-based Viridis Bulk Carriers and its partners have been awarded funding to help develop ammonia-powered short sea ships for the European sector. The

LONDON, Dec 15 (Reuters) – Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the

A feasibility study into shipping’s use of carbon capture and storage (CCS) technology shows that the LNG sector is currently better suited than tankers

A concept design for an ammonia-fueled car carrier developed in Japan has been granted Approval in Principle. Japanese shipping company “K” Line

Shipping giant Maersk has unveiled its design for a series of eight ‘carbon-neutral’ methanol-powered ultra-large containerships currently on

U.S.-based shipping company Crowley has committed to net-zero greenhouse gas emissions across by 2050 across its entire business. To track progress and

Dutch dredging company Royal Boskalis says it is part of a consortium that has been awarded a EUR 24 million research grant to advance green methanol as an

Maritime Partners in cooperation with Elliott Bay Design Group, e1 Marine and ABB have announced plans for the world’s first methanol-fueled towboat set

By Jack Wittels (Bloomberg) — The organization that regulates shipping made little fresh progress toward decarbonizing the industry during a series of

The International Maritime Organization (IMO)’s MEPC77 meetings have ended; though the dialogue had its moments, there were no dramatic pronouncements coming

The International Chamber of Shipping (ICS) has issued a statement expressing disappointment following the conclusion of the International Maritime

By Jonathan Saul LONDON, Nov 26 (Reuters) – Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that

A.P. Moller – Maersk has issued its first green bond to help fund its green methanol newbuilds. The 10-year, EUR 500 million (USD $678 million) green bond

Norwegian fertilizer producer Yara has debuted its long-awaited Yara Birkeland, the world’s first electric and autonomous container ship for

How will shipping decarbonize; what’s the path? That’s the $2 Trillion – $4 Trillion question, depending which set of prognosticators that you are