The Sea Cargo Charter (SCC), a global framework for aligning chartering activities with responsible environmental behavior to promote international shipping’s decarbonization, is expanding its scope four years after its inception to accelerate shipping’s decarbonization.
Oslo-headquartered Yara Clean Ammonia has appointed Hans Olav Raen as the new Chief Executive Officer (CEO), effective May 1, 2024.
Amogy has signed a memorandum of understanding (MoU) with ITOCHU Corporation to explore the potential application of Amogy’s technology on ITOCHU’s maritime vessels.
Classification society the American Bureau of Shipping (ABS) has awarded ECOLOG, a Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider, with an industry first ISM Document of Compliance for the operation of liquified CO2 carriers on behalf of the Bermuda flag admin
Germany’s KfW IPEX-Bank has decided to support the fleet modernization of Switzerland-based shipping group C. Armateurs, part of the Cobelfret group, with a financing of €42 million.
Industry players and NGOs issued a joint letter calling on European policymakers to adopt a robust definition for low-carbon hydrogen.
RINA awarded approval in principle to Kindon New Energy Technology (Jiangsu) for its green methanol offshore production platform solution.
Global Shipping Business Network (GSBN), a consortium enabling paperless, accessible and sustainable global trade, has completed a pilot with China-based shipping company COSCO Shipping (COSCO) to issue ‘traceable and verifiable’ green certificates powered by blockchain technology.
JERA has signed a JSA with Petronas to evaluate the feasibility of separating and capturing CO2 emitted by JERA in Japan and then transporting it to Malaysia for storage.
JGC Corporation has secured a FEED contract with ENEOS and Sumitomo for a green hydrogen production plant in Malaysia.
MOL PLUS, the investment division of Japanese shipping company Mitsui O.S.K. Lines (MOL), has decided to invest in Fleetzero (FZ), a US developer and manufacturer of marine battery systems and EV vessels.
Classification society ABS has joined the BlueBARGE Project, a program funded by the Horizon Europe program that involves fourteen partners from ten European countries to develop a comprehensive solution for offshore electrical power bunkering.
Singapore’s maritime start-up Pyxis has unveiled its first 100% electric passenger vessel, X Tron.
German container shipping major Hapag-Lloyd managed to reduce the absolute greenhouse gas (GHG) emissions of its fleet by 0.8 million tonnes in 2023 compared to the previous year.
