CPLP has secured approval of corporate conversion and name change as it plans strategic pivot to the LNG and energy transition business.
Reducing the costs of marine transportation in the CCS value chain is seen as the most important factor in promoting CCS by Japan’s NYK.
Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).
The World Shipping Council (WSC) has further developed its Green Balance Mechanism, a regulatory measure designed to ensure that shipping meets its net-zero goal by 2050 in an efficient, just and equitable way.
DP World has joined the Net Zero Supply Chain (NZSC) Initiative, a collaborative effort dedicated to advancing the decarbonization of Canada’s freight-transportation supply chains.
Navigator Gas and Bumi Armada Berhad have revealed that Bluestreak CO2 signed a Memorandum of understanding with international energy company Uniper to conduct a joint study on export of CO2 emissions from a UK carbon capture plant.
Switching ships to ammonia fuel under current legislation can have a worsening effect on air quality and impact public health, causing additional premature deaths, a new study from MIT warns.
As the maritime industry is looking for ways to reduce CO2 emissions and reach its ultimate goal of net zero, carbon insetting has emerged as a promising strategy. While some shipping companies have already pioneered carbon insetting, others still perceive it as uncharted territory.
Classification society ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) have teamed up to work on advancing commercial small modular reactor (SMR)-powered ships and floating SMR power generation platforms.
Ports in Europe are increasingly implementing shore power projects in an effort to stay ahead of the global decarbonization game and comply with EU regulations.
Maritime and cruise industry players have drafted three key suggestions to advance sustainable and scalable decarbonization solutions.
MPA Singapore and NYK have joined forces to accelerate maritime decarbonization, including the promotion of the safe use of maritime fuels.
On July 1, 2024, an international ban on the use of heavy fuel oil (HFO) comes into effect in the Arctic region.
The International Maritime Organization (IMO) has revealed that five maritime technologies cooperation centers (MTCCs) have signed a Memorandum of Understanding (MoU) to accelerate the uptake of decarbonization technologies.
