
In an industry first, Greece-based ship management company Capital Ship Management (CAPITAL) is to secure ABS notations recognizing investment in decarbonization technologies for its newbuild orders for medium-range (MR) tankers.

The International Chamber of Shipping (ICS) has submitted plans to the industry’s UN regulator, the International Maritime Organization (IMO), detailing urgent measures which governments must take to help the industry achieve net zero CO2 emissions by 2050.