
UK-based mining company Anglo American has set an ambition to achieve carbon neutrality across its controlled ocean freight activities by 2040, with an interim 30% reduction in emissions by 2030.

The Suez Canal Authority has decided to increase canal dues by six per cent for the year 2022, except for LNG carriers and cruise ships.

There is a burning need for maritime professionals to receive training in environmentally friendly skills and technologies, second engineer Allan Dickson told the Maritime Skills Commission (MSC) Green Skills Forum at COP26 in Glasgow.

Five Portuguese institutions – CEiiA, +ATLANTIC CoLAB, Fórum Oceano, INESC TEC, and WavEC – have have come together under the name of OceanACT to promote the testing of innovative ocean technologies in Portugal.

Finnish engineering majors Cargotec and Konecranes, which launched in 2020 a process to merge the two entities, have unveiled the operating model and leadership team of the future company.

US classification society ABS, South shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have unveiled two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.

US-based transportation and logistics company Matson has committed to reducing fleet greenhouse gas (GHG) emissions by 40 percent by 2030 and achieving net-zero fleet GHG emissions by 2050.

Inclusion of shipping in the EU Emissions Trading System (EU ETS) will encourage shipping’s journey towards decarbonisation but EU action threatens to undermine broader international progress if the ETS extends outside of the EU, World Shipping Council (WSC) said.

Marine engine designer and power system integrator WinGD and engine builder Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) are to strengthen their collaboration by partnering to develop environmentally sustainable two-stroke engine technology.

A report by the International Chamber of Shipping (ICS) and the environmental consulting company Ricardo has pointed out that massive scaling up of finance for research and development (R&D) is essential to achieve zero-carbon emissions by 2050 in the shipping industry.

Emissions control specialist Eminox and turbocharger maker Kompressorenbau Bannewitz (KBB) have teamed up to meet emissions compliance requirements for marine diesel engines.

New research led by the University of Plymouth has shown that tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero.

European shipowners have supported a dedicated fund to be set up under the EU Emission Trading Sustem (EU ETS) to stabilise the carbon price.

Maritime industry is in danger of losing out on a huge opportunity to make gains in tackling the climate emergency, by only focusing on a narrow set of measures and having a preoccupation with new fuels.