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SHIPPING DECARBONIZATION TARGETS
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...
Shipping braces for carbon tax that fueled US tariffs threatThe United States has voiced strong opposition, threatening tariffs and other measures. Industry insiders anticipate the regulations will p...
Most corporate climate transition plans aren’t credible, study findsPolitical resistance and reliance on unproven technologies hinder progress, with many firms failing to adequately address supply chain emis...
US missing from key talks to reduce GHG emissions from international shippingAfter President Donald Trump assumed office in January, the US has been stepping back from environment-related meetings and negotiations. T...
Shanghai unveils green shipping plan as new emissions rules loomChina is stepping up competition with Asia’s bunkering hub of Singapore ahead of a decarbonisation plan that’s expected from the Internatio...
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 ...
Tugboat powered by ammonia sails for the first time, showing how to cut emissions from shippingA New York-based startup, Amogy, has successfully converted a 67-year-old diesel tugboat to run on cleanly-made ammonia, demonstrating a si...
Greenko Zero C to supply 500,000 tonnes of green ammonia to Norway's Yara Clean AmmoniaDeliveries to start from Kakinada from Q4 of CY26, Industry sources say contract size expected to be $1.5-$1.8 bn over 10 years. 5GW of ren...
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...
WEF says $13.5 trillion needed to fast-track decarbonisation of key sectorsTransitioning to a more sustainable and carbon-neutral future will require USD 13.5 trillion in investments by 2050, particularly in the pr...
Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venturePetronas arm Gentari and AM Green established by the creators of Greenko have officially announced the signing of binding agreements with a...
Big emissions bills are coming for ships sailing in EuropeThe ships carry over 80% of the trade globally and contribute a big chunk in terms of emissions, producing about 1 billion tons of CO2 into...
International Maritime Organisation targets achieving net-zero emissions by 2050The International Maritime Organisation (IMO) has committed to achieving net-zero emissions by 2050. The goal was agreed upon by all 178 co...
ScottishPower gears up to build green hydrogen plant at Felixstowe Port. Check out the detailsA green hydrogen plant will be developed by ScottishPower at Felixstowe Port to decarbonise the industry and other sectors in the region.
Sarbananda Sonowal reviews progress of green initiatives undertaken for the development of Green Ports & Green Shipping in IndiaSonowal chaired a meeting with all major ports, CSL and IWAI to review the progress on various green initiatives being implemented, as per ...
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.
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.
Reality check awaits John Kerry and his bid to cut ships’ CO2Shipping’s current 2050 target is only a 50% reduction in annual greenhouse gas emissions versus 2008, whereas limiting global warming to 1...
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...