decarbonization

Japanese shipping group Mitsui O.S.K. Lines (MOL) is betting on the future of carbon capture and storage with an investment in a company specializing in liquid

By Jonathan Saul LONDON, March 16 (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in

By Jonathan Saul LONDON, March 11 (Reuters) – Shipping and trade groups are calling on the European Union to advance the development of ammonia

Shipping trade groups representing the vast majority of the global shipping industry are throwing their support behind a “moon-shot” proposal by

A handful of major maritime industry stakeholders including Maersk and Keppel have teamed up to study and possibly develop a green ammonia ship-to-ship

Tanker shipping company Stena Bulk has become the latest to unveil a radical new ship design that the company says challenges conventional thinking around

By Barry Parker (gCaptain) – The International Maritime Organization is expected to codify a transitional (i.e. 2030) energy efficiency pathway for

By Ari Natter (Bloomberg) — Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind

By Jonathan Saul LONDON, March 3 (Reuters) – Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital

By Valerie Volcovici WASHINGTON, March 2 (Reuters) – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing

COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s

Decarbonization is indeed “a thing”, as Millennials might say. The problem that I have writing on the topic- and presumably that readers have, is that the

By Valerie Volcovici WASHINGTON, Jan 27 (Reuters) – Over 400 companies across some of the world’s biggest greenhouse gas emitting industries –

With International Maritime Organization targeting a 50% reduction in greenhouse gas emissions from ships by 2050, focus is shifting to which alternative fuels

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new

By William Mathis (Bloomberg) — Danish electrolyzer startup Green Hydrogen Systems A/S raised 28 million euros ($34.3 million) to scale up production of

By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting

By Andrew Noël (Bloomberg) — Yara International ASA plans to convert a plant in Norway to produce green ammonia in a bet the chemical will become a

European ferry operator DFDS has announced plans for a partnership to develop a hydrogen-powered ferry to be in operation as soon as 2027. The partnership