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DECARBONIZING SHIPPING
IMO definition of Brazil corn ethanol carbon footprint a landmark step, producers sayThe International Maritime Organization's decision to define Brazilian corn ethanol's carbon footprint at 20.8 grams CO2e per megajoule mar...- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- India, Singapore charting out roadmap for digital corridor, green shipping: officialIndia and Singapore are collaborating on a roadmap for digital corridors and green shipping infrastructure. This initiative aligns with glo...
- World’s first 100% electric cruise ship revealed — can carry 1,900 guests at seaA German company has unveiled the first all-electric cruise ship. This massive vessel, named Project Vision, will carry 1,900 guests. It ai...
- India sees green ammonia exports starting as early as 2028India aims to export green ammonia starting in 2028. This move supports the nation's goal to lead in clean hydrogen. Discussions are underw...
- UN shipping body approves global carbon pricing systemMember states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emiss...
- India, Singapore join hands for Green and Digital Shipping CorridorIndia and Singapore have signed a Letter of Intent focused on green and digital shipping collaboration. This agreement aims to promote the ...
- IMO Secretary-General Arsenio Dominguez visits India to discuss sustainable maritime practicesTK Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), welcomed International Maritime Organisation (IMO) Sec...
- Imminent EU climate rule for ships is set to add to fuel billsCompliance options include using biofuel or pooling with other vessels to share pollution savings. Non-compliance results in a penalty, imp...
- India studying $2 billion incentive plan for greener boatsIndia is set to offer nearly $2 billion in incentives to replace diesel-powered inland vessels with cleaner alternatives. The plan aims to ...
- Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
- Centre offers Rs 115 crore support for retrofitting ships to run on Green HydrogenThe new scheme by the Centre aims to support retrofitting existing ships with a Green Hydrogen propulsion system. It will also fund the cre...
- At COP28, India needs to flag misconception that exports, imports add to global carbon emissions: GTRIOn CBAM or carbon tax, a kind of additional import duty, the report said that India must underscore how the CBAM potentially undermines the...
- Tata Steel first Indian firm to use LNG powered Capesize carrier for raw materialIn an initiative to lower the company's Scope 3 carbon footprint, the steel major imported 1,65,700 metric tons of coal from Australia's Gl...
- Shipping has largely relied on one fuel. It now needs manyMore than 95% of today’s ships run on petroleum products, fueling diesel engines which have been optimized for their specific purposes. The...
- Giant kites that drag cargo ships across oceans go on trialThe kites are being developed by Airseas and its main aim is to cut fuel emissions.
- Insurance industry joins push to decarbonise global shippingDecarbonisation is the need of the hour and can be achieved by using alternative fuels or focusing on renewable energy sources.
- Shipping insiders caution against new capacity as prices surgeThe container shipping market is experiencing one of its best years as a perfect storm of Covid-driven purchasing demand, port congestion a...
- Maersk makes $1.4 billion green bet on methanol-fueled shipsBy 2050, the United Nations body wants shipping’s total greenhouse gas emissions to at least halve relative to 2008.
- The shipping industry wants to be taxed for its carbon emissionsSeveral trade groups, representing more than 90% of the world’s merchant fleet, have submitted a proposal to shipping’s United Nations regu...
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