Green Shipping Corridors Face Cost Hurdles Despite Policy Support
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for
Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing
Japanese shipping giant NYK Group announced today its strategic implementation of carbon dioxide removal (CDR) technology as part of its comprehensive plan to
The maritime industry’s transition to cleaner fuels reached a significant milestone in 2024, with the adoption of LNG-fueled vessels experiencing
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of South Korean conglomerate HD Hyundai, has received Approval in Principle (AIP) from the
A coalition of 47 governments and the shipping industry is proposing a groundbreaking greenhouse gas (GHG) emissions pricing mechanism for international
The European Union’s landmark FuelEU Maritime regulation came into force on January 1, 2025, marking a watershed moment for the shipping industry’s
The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, has unanimously appointed Thomas A. Kazakos as its next
LNG-fueled vessels are rapidly emerging as the frontrunner in alternative marine fuels, despite representing just a fraction of the global fleet. A recent
MAN Energy Solutions has commenced testing of the world’s first full-scale, two-stroke marine engine running on ammonia at its Research Centre Copenhagen
A.P. Moller-Maersk has finalized agreements for 20 new dual-fuel container vessels as part of its ambitious fleet modernization strategy, marking a significant
The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s
Energy giant Eni and global shipping leader MSC Group have signed a groundbreaking memorandum of understanding to advance their joint pursuit of sustainable
Lake Tahoe, the pristine alpine lake located in the Sierra Nevada mountain range, is poised to make maritime history with the introduction of the first
The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,
The 2017-built Maersk Halifax has become the first large containership to be converted to methanol fuel, Maersk announced on Monday. The extensive retrofit
United European Car Carriers (UECC) has inked a deal with China Merchants Jinling Shipyard Nanjing for the construction of up to four state-of-the-art
A.P. Moller – Maersk has entered into a long-term bio-methanol offtake agreement with China-based LONGi Green Energy Technology, aiming to reduce
The American Bureau of Shipping (ABS) has released a new report exploring the potential use of advanced nuclear technology in maritime applications, aiming to
Grain de Sail, a French company renowned for its commitment to sustainable shipping and organic food production, has unveiled plans for its third modern
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