Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
While much of the maritime world's tech chatter focuses on emissions and fuel choice, Dutch water company Hatenboer-Water developed the Plastic Free @Sea concept as a smart solution to reduce plastic waste on board ships at sea.Reducing plastic waste has become key in environmental protection…
NYK conducts third successful biofuel trial on ship carrying Tata Steel cargoThe bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited…
H2 Green, a Getech business, signed a deal with Shoreham Port to develop a renewable energy hub designed to remove emissions from its fleet of trucks and HGVs and be a catalyst for the wider region’s transport decarbonization.The development…
The GEF-UNDP-IMO Glofouling partnership (2017) is a global initiative to counter the environmental issue of invasive aquatic species (IAS) and the resulting harmful ecological and financial damage that can occur when such invasion events are…
The U.N. shipping agency approved further measures on Thursday to boost the energy efficiency of commercial vessels although critics said the move fell short of what was needed to cut the industry's carbon footprint.The International Maritime…
Estonia's Port of Tallinn has implemented new rules requiring the collection of residue from underwater hull cleaning operations while in port.Ellen Kaasik, the port's environmental manager, said the measures are part of a major activity plan…
Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector accelerates efforts to go green.In recent weeks, Shinsei Bank Ltd, Sumitomo Mitsui Banking Corporation…
Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea…
While the EU parliament call for an emissions ban at berth, Yara Marine Technologies announced a partnership with NG3 signaling the return of cold ironing to its green tech portfolio.'We used to do shore power projects on ships some years ago…
French oil major Total said it will contribute to a project led by shipping giant Maersk aiming to develop new alternative fuels and carbon neutral solutions for ships.The nonprofit Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping was…
GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to…
The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) and the U.S. Army Corps of Engineers (USACE) are marking a milestone of environmental stewardship this month on the landmark restoration of Poplar Island near Talbot County…
Classification society Lloyd’s Register (LR) announced the industry experts who have joined the advisory panel of its Maritime Decarbonization Hub, a dedicated center of excellence launched in October that aims to accelerate the safe, sustainable…
The SpacePort project, funded by the Geospatial Commission and Innovate UK, will explore how novel geospatial systems can streamline port operations, improving efficiency and tackling societal disbenefits.SpacePort brings together marine sector specialist Marine South East…