Shipping CEOs join forces to accelerate shipping industry decarbonization
DUBAI : The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime
ClassNK grants Innovation Endorsement for Products & Solutions to Blue Visby Solution
TOKYO : ClassNK has granted its Innovation Endorsement*1 for Products & Solutions to a Blue Visby Solution developed by Blue Visby Services Ltd. The company describes Blue Visby Solution as a multilateral platform for reducing
PSA Singapore and Pacific International Lines expand Collaboration on Sustainability Solutions to Decarbonise Global Supply Chain
SINGAPORE : In a collective journey towards achieving net zero greenhouse gases (GHG) emissions, PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions
First-of-its-kind technology set to revolutionize global shipping: ‘A milestone for the maritime industry’
ZURICH/ ROTTERDAM : The vast majority of international trade takes place via our planet’s waters. Engineering and tech company ABB is helping to chart a new course to reduce the amount of harmful carbon pollution as
ClassNK releases white paper “Pathway to Zero-Emission in International Shipping – Understanding the 2023 IMO GHG Strategy”
TOKYO : ClassNK has released a white paper “Pathway to Zero-Emission in International Shipping – Understanding the 2023 IMO GHG Strategy –”. In July 2023, the IMO adopted the “2023 IMO Strategy on Reduction of
BIMCO adopts new CII clause for Voyage Charter Parties
LONDON : The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant
ClassNK releases “Guidelines for Fuel Cell Power Systems On Board Ships (Second Edition)”
TOKYO : ClassNK has released “Guidelines for Fuel Cell Power Systems On Board Ships (Second Edition)”, which cover safety provisions related to the design of ships powered by fuel cells as well as fuel