The Shipping industry was met with calls by John Kerry, Joe Biden’s climate envoy, for the International Maritime Organization (IMO) to guide the industry towards zero emissions by 2050, a...
The UK is including international shipping and international aviation in the country’s sixth Carbon Budget, which covers the amount of greenhouse gases the country can emit between 2033 to 2037,...
US climate envoy John Kerry announced the United States will join an effort by the International Maritime Organization (IMO) to achieve net zero emissions by 2050 in the global shipping industry ahead...
Carbon dioxide emissions are forecast to jump this year by the second biggest annual rise in history, as global economies pour stimulus cash into fossil fuels in the recovery from...
Standard Chartered has signed onto the Poseidon Principles, making a commitment to reduce carbon emissions compared to 2008 by at least 40% by 2030 and by at least 50% by 2050. Standard Chartered...
China Classification Society (CCS) has awarded China’s first certificate of type approval for a marine fuel cell product to Wuhan-based PEM fuel cell supplier Troowin Power System Technology, issued by...
The value of the global merchant fleet has surpassed $1trn this month on the back of surging secondhand prices in the containership and dry bulk segments, according to new research...
A commission of enquiry in Vanuatu has found Air Vanuatu doesn't have pilots and engineers for the A220s and there is no hangar space for such planes. The commission acknowledged...
Marine engineering consultancy BAR Technologies has partnered with Scandinavian scrubber manufacturer Yara Marine to bring WindWings technology to the global shipping market. The first commercial retrofit will take place on...
World-renowned shipping economist, Dr. Martin Stopford, has estimated global costs to ensure ships comply with the International Maritime Organization’s 2050 decarbonisation goals as well as handling likely increased trade growth over the next thirty...
Dutch brewer Heineken has released plans to decarbonize its full value chain by 2040, cutting emissions by 30% across its entire value chain from a 2018 baseline. Its 2040 commitments make it...
Trafigura is co-sponsoring an fuel-flexible two-stroke ammonia-powered engine with MAN Energy Solutions, expected to be commercially available by 2024. It will be followed by a retrofit package to make existing maritime vessels...