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
CMA CGM and Maersk enter into decarbonisation partnership
MARSEILLE / COPENHAGEN : Two of the largest container shipping companies, Maersk and CMA CGM have decided to collaborate on decarbonisation initiatives. Both ocean carriers believe that working together can assist in accelerating the
Political instability is a “Risk Multiplier” which is putting a successful green energy transition in maritime in jeopardy ICS report shows
LONDON : The International Chamber of Shipping (ICS) Maritime Barometer Report 2022-2023 – published on Tuesday, 16th May, 2023 – reveals that uncertainty over fuel availability and infrastructure puts at risk ambitions to meet
Future shipping fuels include LNG, Hydrogen & Amonia as Shipping has relied on One Fuel for long
COPENHAGEN : International shipping is a classic ‘hard to abate’ sector. Container ships, bulk carriers of ore, fuel, and grain, and large passenger vehicles are expensive to build, last for decades, and have gained
Cosco Shipping, CMA CGM and SIPG sign MOU to collaborate on green marine methanol supply
SHANGHAI : On April 6, in the presence of the heads of state of China and France, Chairman of COSCO SHIPPING Mr. Wan Min, Chairman, CEO of CMA CGM Mr. Rodolphe Saadé and Chairman