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SHIPPING INDUSTRY DECARBONIZATION
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...- 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...
- 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...
- 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...
- China seeks carbon data from ships as trading scheme growsThe move follows the EU’s recent adoption of a carbon levy on vessels, and could help in China’s expansion of its emissions-trading system ...
- 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...
- 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...
- 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...
- Energy crunch crimping Europe hurts demand for commodity shipsEuropean aluminum output has fallen to the lowest level since 1973, with producers of metals like zinc and copper also slowing down due to ...
- 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.
- 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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