A recent report from Wood Mackenzie titled “Playing by New Rules: How the CBAM Will Change the World” sheds light on the potential consequences of the European Union’s Carbon Border Adjustment Mechanism (CBAM). The Carbon Border Adjustment Mechanism, a policy that will require producers of goods imp
As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc
Over the course of the past year, the maritime industry has witnessed a remarkable surge in projects centered around ammonia as a sustainable ship fuel. Ammonia-powered ship types, fueled by zero-emission ambitions, have taken center stage at this year’s Gastech in Singapore, capturing the imaginati
Singapore-based ship management company Eastern Pacific Shipping (EPS) has partnered with HD Hyundai Global Services on strategic digital cooperation leveraging digital solutions for carbon emission monitoring, optimising ship operations.
Simpson Spence Young (SSY), the world’s largest independent shipbroker, has launched a new, all-encompassing facilitation service that will ensure ahead of the maritime sector’s entrance into the EU ETS.
Zero Emission Maritime Buyers Alliance (ZEMBA), a non-profit organisation that includes major retail brands, has launched a Request for Proposals (RfP) for 600,000 twenty-foot containers (TEUs) over a three-year period on ocean vessels powered by zero-emission fuels.
Air pollution emissions dropped significantly in 2022 at the Port of Long Beach in all categories, according to a new study that confirmed the Port had met all the goals of the San Pedro Bay Ports Clean Air Action Plan a year ahead of schedule.
UK software company Signol has teamed up with shipowner Stolt Tankers to launch a pilot project to further reduce CO2 emissions from the vessels.
Swiss shipping major MSC and Israel-based shipowner ZIM Integrated Shipping Services have signed an operational cooperation agreement encompassing several trades.
The UK Government has revealed the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI), supporting economic growth and boosting the UK’s decarbonisation efforts with £80 million investment.
Classification society ClassNK has issued an Approval in Principle (AiP) for an onboard CO2 capture and storage (OCCS) system developed by China Shipbuilding Power Engineering Institute Co. (CSPI), a member of CSSC Power (Group) Co. (CPGC).
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte, have signed a Memorandum of Understanding (MoU) on a joint focus on the advancement of alternative maritime solutions and managing carbon emissions liabilities hol
Moss Maritime, a Norwegian company specialized in design and engineering services to the offshore energy industry and a subsidiary of energy major Saipem, has received approval in principle (AiP) from classification society DNV for a containment system for ship transport of liquefied hydrogen (LH2).
Enova, a Norwegian government enterprise, has revealed that it will invest NOK 64 million (€5.5 million) for shore power projects at Norway’s ports.
