Maersk completes landmark Methanol-Powered Fleet : A Global Milestone in Green Shipping
COPENHAGEN : Moving toward decarbonizing ocean transport, A.P. Moller – Maersk has announced the completion of the world’s first large dual-fuel methanol-powered container vessel fleet, a project that spans multiple continents, industrial partners, and
V.O.C Port leads the way in green power
TUTICORIN : V. O. Chidambaranar Port is setting a benchmark in sustainability with ambitious green initiatives, reinforcing its commitment to a cleaner, greener future. As part of its clean energy strategy, the port currently
India, Singapore Sign Letter of Intent (LOI) on Green Shipping & Digital Corridor Collaboration
SINGAPORE : The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal attended the signing ceremony of Letter of Intent (LOI) between India and Singapore on maritime digitalisation (Digital Corridor Collaboration) and Decarbonisation (Green Shipping) here
The $10 Billion Opportunity in Green Shipping
BOSTON : The growth in cargo owners’ willingness to pay (WTP) a premium for green shipping is slowing in a market that remains largely unregulated and reliant on voluntary actions. As a result, the
Hapag-Lloyd concludes long-term offtake agreement for green methanol
HAMBURG : Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of green methanol per year. The green
Shanghai Port joins hands with Germany’s Port of Hamburg on building green shipping corridor
SHANGHAI : At the 2024 North Bund Forum held recently, China’s Shanghai Port and Germany’s Port of Hamburg vowed to work together on building a green shipping corridor, aiming to promote green transformation of
Shipping banks provide cheaper loans to greener shipping companies, but not greener ships
LONDON : A new study by UCL Energy Institute on the relationship between financing terms and climate performance of shipping companies reveals a troubling trend of green financing. The research paper in a sustainability
India one of the first large economies to have prepared a detailed green transition action plan for ports: Sarbananda Sonowal
NEW DELHI : Being built at an estimated investment of $10 billion, the Vadhvan Port development will create around one lakh jobs during construction and over 12 lakh jobs once operational, Minister of Ports,
