The successful decarbonization of the shipping industry will require teamwork and cooperation, said ABS Chairman, President and CEO Christopher J. Wiernicki.“Building the future is clearly a team sport – even if not all players see it that way all the time…
Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea…
Singapore is seeking proposals on the electrification of small vessels known as harbourcraft as the industry transitions towards a low-carbon future, the Maritime and Port Authority of Singapore (MPA) said in a joint statement on Wednesday.The…
Mitsui O.S.K. Lines has paid $253,300 in penalties to the California Air Resources Board for violating the Ocean-Going Vessel At-Berth Regulation, which requires cargo ships to reduce emissions while docked at the state’s busiest ports, including Los Angeles…
The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping…
Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, a study released on Tuesday showed, amid growing pressure on the industry to bring levels down.About 90% of world trade is transported…
Seven months after the United Nations' shipping agency brought in hotly anticipated new rules to curb emissions, the raft of technical issues and leap in fuel prices that were expected to result have failed to materialize, ING Bank said on Tuesday…
European lawmakers agreed on Tuesday to include international carbon emissions from the maritime sector in the EU carbon market, targeting an industry that does not yet pay for its pollution.They also called for binding targets for shipping…
Ultra-luxury cruise ship Europa 2 has had its cold ironing connection certified by classification society DNV GL following testing of the undisrupted use and compatibility of the shore-to-ship power system in the Port of Hamburg.While idled due to the coronavirus pandemic…
Shipping company Stena Bulk said Monday it is offering low-carbon biofuel as an option for its customers following trials of the cleaner but costlier fuel on board one of its tankers in April.Customers will have options ranging from 20% to 100%…
French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon neutral by 2050.The company, headquartered in the Mediterranean port of Marseille, also announced in a statement a target…
Ferry shipping company Stena Line reports it is 10 years ahead of international shipping's emissions reduction targets thanks to measures such as new, larger and more energy efficient vessels, AI assisted captains and an increased punctuality…
The European Union's carbon market could capture a large chunk of emissions from outside Europe if the bloc succeeds in including shipping in the scheme, according to the European Commission's first report on maritime CO2 emissions.Pollution…
Inmarsat is a founding member of Asia’s first ‘Decarbonizing Shipping’ initiative to harness the power of start-ups to meet UN targets on greenhouse gas emissions, which launched earlier this month. The regional initiative, based in Singapore…
Yara Marine Technologies has appointed Aleksander Askeland as Chief Sales Officer, effective March 1st. Askeland has worked for the broader Yara group since 2016, starting in the Industrial segment for the Environmental Solutions business unit…
