decarbonization

By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules

By Jonathan Saul LONDON, Nov 17 (Reuters) – The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part

The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the

By Jonathan Saul LONDON, Nov 11 (Reuters) – The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading

By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be

By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) –Seeking to blunt concerns about the damage natural gas does to the environment, some of the

by George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate

By Jessica Shankleman and Ewa Krukowska (Bloomberg) –Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s

By The Editors (Bloomberg Opinion) –Shipping emits a much greater share of greenhouse-gas emissions than you might think — more than a million tons

By Aaron Clark (Bloomberg) –Global energy and commodity titans including Royal Dutch Shell Plc, Trafigura Group Ltd. and Cargill Inc. plan to start

Royal Dutch Shell has set its sights on net-zero emissions in shipping. In a new report, Shell highlights the important role that hydrogen fuel cells could

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