Environment
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CMA CGM reveals details of $214m French shipping decarbonisation fund
French liner CMA CGM and French public sector investment bank Bpifrance have launched a €200m ($214.5m) fund to push forward…
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More than 4,000 ship engines caught up in Japanese fuel data scandal
An investigation is underway in Japan with overtones of the famous Volkswagen emissions scandal. More than 4,000 ship engines could…
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Sweden’s SEB adds shipping to 2030 net zero target
Swedish bank SEB has set a net zero-aligned 2030 target for the shipping sector in line with its commitment to…
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Red Sea crisis: Boxships travelling between Asia and the Med emitting 63% more emissions
Containerships travelling between Asia and the Mediterranean emitted 63% more emissions in the first quarter than in Q4 last year…
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Japanese feeder operator goes hybrid with latest order
A Japanese feeder line has embarked on a zero-emission boxship project. Imoto Lines, together with compatriot tech firm Marindows, is…
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Zero Emission Maritime Buyers Alliance reveals winner of first tender
The Zero Emission Maritime Buyers Alliance (ZEMBA), an initiative of Cargo Owners for Zero Emission Vessels (coZEV) facilitated by the…
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Seatrium looks into new energies and AI for offshore and marine sector
Singapore shipbuilder Seatrium has partnered up with the city-state’s Agency for Science, Technology and Research (A*STAR) to explore research opportunities…
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Consortium looking to create green corridor between North America and Asia
Companies from North America, Asia, and Europe have formed a new consortium which will work on creating a new corridor…
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HMM lays out plans to double fleet size by 2030
HMM, South Korea’s flagship carrier, laid out mid-term expansion plans yesterday which will see its container fleet nearly double in…
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Denmark bans scrubber discharges
Denmark’s government has joined the growing list of countries taking action against open-loop scrubbers, having reached a “broad political agreement”…
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Containerised fuel cell power generator project presses ahead
Norway’s TECO 2030 has received an approval in principe (AIP) from DNV for a containerised fuel cell power generator (FCPG)…
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Kotug pens deal with Padmos for construction of electric pusher tugs
Offshore towage specialist Kotug International has signed a framework agreement with Padmos for the construction of the entire lineup of…
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Liner Cape diversions equivalent to a trip to the Moon every week
Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi…
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Ship recycling hits 20-year lows
Ship recycling of bulkers, tankers, and container ships has dropped to the lowest level in 20 years over the past…
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HMM inks deal to bunker methanol and LNG at Shanghai Port
South Korea’s flagship carrier HMM has signed a memorandum of understanding (MoU) with Shanghai International Port Group (SIPG) to cooperate…
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Sea Cargo Charter opens up for shipowners
Four years after its inception, The Sea Cargo Charter initiative to measure shipping emissions against decarbonisation benchmarks is expanding its…
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Decarbonising the world: a dead horse flogging itself?
Pierre Aury questions whether we have our priorities right when it comes to making the world a greener place. The…
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Green shipping corridor initiatives mushroom
In the months since member states agreed at the London headquarters of the International Maritime Organization (IMO) to turbocharge shipping’s…
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MOL invests in American marine battery developer
MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), is buying into Fleetzero, an American developer…
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SLB takes over majority stake in Aker Carbon Capture
Houston-based SLB has acquired an 80% share in Norway’s Aker Carbon Capture in a push to accelerate industrial decarbonization at…
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