decarbonization

Norwegian shipbuilder Ulstein has been elected to design a non-fossil fuel containership capable of achieving zero emissions. The contract was awarded by EDGE

The world’s largest cruise company is aiming to become carbon neutral by 2050. Carnival Corporation on Tuesday announced new medium- and long-term

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions

With the conclusion of the International Maritime Organization’s MEPC 76 meeting, several major shipping industry bodies are calling on governments to

The International Maritime Organization’s Marine Environment Protection Committee has concluded its 76th meeting (known as MEPC 76), held remotely from

By Barry Parker The IMO’s Secretary General, Mr. Kitack Lim, had laid down the gauntlet to delegates participating in the Marine Environment Protection

By Laura Hurst (Bloomberg) — Royal Dutch Shell Plc will accelerate its carbon-emission cuts following a Dutch court ruling last month that said the

South Korean shipbuilder Samsung Heavy Industries has announced plans to develop nuclear power plant technology for ships as the industry seeks ways to reduce

By Jack Wittels (Bloomberg) — John Kerry wants to accelerate the decarbonization of the global shipping industry which spews more carbon dioxide into

By Victoria Klesty OSLO, June 7 (Reuters) – Global commodities trader Trafigura and Norway’s Yara said on Monday they had signed a memorandum of

MSC Mediterranean Shipping Company is throwing its support behind a carbon tax on ship fuel as well a proposed global research and development fund to help

By Barry Parker Shipping’s relationship with the general news media has never been a good one. Secrecy of individual companies, based on tradition, and

By Kate Abnett BRUSSELS, June 3 (Reuters) – The European Union will push for tougher standards to cut the CO2 emissions intensity of ships at a meeting

By Jack Wittels (Bloomberg) — The world’s largest container shipping line has called for a $150-a-ton carbon tax on shipping fuel that would drive

Mission Innovation, the global initiative to accelerate public and private clean energy innovation to address climate change, has launched a new Mission for

By Jonathan Saul LONDON, June 2 (Reuters) – Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the

By Diederik Baazil, Hugo Miller and Laura Hurst (Bloomberg) — Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and

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