decarbonization

By Roslan Khasawneh SINGAPORE, May 20 (Reuters) – The maritime shipping industry will fall short of achieving net zero greenhouse gas emissions

By Nina Chestney LONDON, May 18 (Reuters) – Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero

TOKYO, May 19 (Reuters) – Japanese shipping company Mitsui OSK Lines (MOL) said on Wednesday it will accelerate efforts to build a global

A new concept design for a wind-assisted containership has been awarded an Approval in Principle by classification society Bureau Veritas. The design, named

By Will Mathis and Akshat Rathi (Bloomberg) — The Dutch government has told a consortium of companies including Royal Dutch Shell Plc and Exxon Mobil

Norwegian passenger and expedition cruise ship operator Hurtigruten says it will make a significant investment in shipboard batteries, shore power, and biofuel

Brian Coyne, Managing Director, Americas at KPI OceanConnect shares his insights with gCaptain on the global bunkering market, and the importance of building

By Jonathan Saul LONDON, April 30 (Reuters) – Cargill, one of the world’s biggest charterers of ships, has cut nearly 1.5 million tonnes of gross

The Biden Administration will push International Maritime Organization Member States to to adopt a goal of achieving “zero emissions” from

By Bloomberg News (Bloomberg) — Day two of President Joe Biden’s international climate summit concluded on Friday. Biden pledged during the first

By SM Moshiur Rahman, In support of the United Nation’s Sustainable Development Goal 13, IMO set up an initial strategy to reduce CO2 emissions from

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.