decarbonization

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

By Marine Strauss BRUSSELS, July 7 (Reuters) – European lawmakers agreed on Tuesday to include international carbon emissions from the maritime sector in

By Nina Chestney LONDON, July 2 (Reuters) – A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or

By Dimitra Kessenides and Kyunghee Park (Bloomberg) –Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power

By Nikolaj Skydsgaard COPENHAGEN, June 25 (Reuters) – The world’s largest container shipper, A.P. Moller-Maersk, will team up with industry majors

By Gavin van Marle (The Loadstar) – MSC is set to roll-out a customer carbon offsetting programme it has been trialling since last year. Since early

Norwegian energy firm Equinor is seeking to halve its global emissions from maritime shipping by 2050 and will work towards developing and promoting

PARIS, June 2 (Reuters) – French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon

Norwegian shipowners are committing an ambitious plan for the entire Norwegian fleet to be carbon neutral by 2050. The commitment, made under the umbrella of

By Jonathan Saul LONDON, Jan 20 (Reuters) – At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet

By Jonathan Saul LONDON, Jan 15 (Reuters) – A shipbuilder and engine maker are among leading companies looking to develop a vessel that can run on

By Jonathan Saul LONDON, Dec 18 (Reuters) – Shipping associations have proposed creating a research fund with $5 billion raised by the industry to

The world’s largest cruise company, Carnival Corporation is joining a coalition of companies committed to accelerating the decarbonization of the

By Roslan Khasawneh SINGAPORE, Oct 31 (Reuters) – Immediate action is required if the global shipping industry is to meet a target of halving its carbon

By Sam Whelan (The Loadstar) – Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by

By Jonathan Saul LONDON, Oct 29 (Reuters) – Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to

Finding new sustainable energy sources such as alcohol, biomethane and ammonia offers the shipping industry its best opportunity for reaching its net-zero