The UK Chamber of Shipping (UKCS) has commented on the latest statement from the US Administration on the IMO Net Zero Framework and what it might mean for upcoming IMO discussions. In a joint statement by US Secretary of State Marco Rubio, Secretary of Commerce...
Towage provider Svitzer, part of the AP Moller-Maersk group, has appointed the current Svitzer Australia CCO Ivan Spanjic as Global Head of Green Ports, a role that is said to be central to helping Svitzer’s customers better adjust their assets and operations to...
The UK Government has announced that zero-emission ferries, cruise and cargo ships will set sail in UK waters within two years, creating thousands of new jobs, following a £77m government investment in clean maritime technology. This is the first time in UK history...
Wilhelmsen Ship Management (WSM) and shipbroker Affinity Shipping have signed a Memorandum of Understanding (MoU) to jointly establish an independent company that will provide comprehensive compliance services related to the EU ETS (European Union Emission Trading...
The Finnish Climate Fund, a state-owned special-assignment company focusing on combating climate change, has granted on a capital loan of up to €10m to rotor sail manufacturer Norsepower in order to help increase its production capacity. Norsepower's products...
Japan Engine Corporation (J-Eng) has renewed the License Contract for UE engines with its Chinese Licensee, China State Shipbuilding Corporation Diesel Engine C (CSE). CSE, as a subsidiary of China State Shipbuilding Corporation Limited, is China’s largest state-owned...
Wärtsilä’s financial results for 2022 showed that although overall its order intake decreased by 24%, service orders increased by 6% and net sales increased by 11%, with the marine sector performing well. Håkan Agnevall (pictured), President and CEO, said: “The year...
The CMA CGM Group has launched a call for projects targeted at startups and businesses working on concrete solutions to step up the pace of decarbonisation within all areas of the French shipping industry. Announced at the Assises de l’Économie de la Mer (French...
Mitsui OSK Lines (MOL) has joined the Shipping Sector of the First Movers Coalition (FMC), the first Japanese shipping company to do so. Ocean shipping companies participating in the sector have committed to use zero-emission fuels for at least 5% of their deep-sea...
The first Annual Disclosure Report for Poseidon Principles for Marine Insurance has been published, and is considered a landmark step forward towards transparency in the maritime and insurance sectors, acting as a stepping-stone for signatories to engage their clients...
Corvus Energy has celebrated the opening of its new battery factory in Bellingham WA, with guests including the Governor of Washington, Jay Inslee, Norway’s Ambassador to the USA, Anniken Krutnes and US representative Rick Larsen along with customers, industry...
Danish Shipping is among the signatories representing the entire value chain of green fuels, who have called on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. According to Danish Shipping, more than 40...
Switzerland-based research association ecoinvent and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalised their collaboration by signing a Knowledge Partnership Agreement, under which ecoinvent and the Center become official partners, committing to a...
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