Environment
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Kuok joins Singapore’s onboard carbon capture push
Singapore’s Kuok Group is participating in a new project to develop shipboard post-combustion carbon capture technologies. PaxOcean, one of Kuok…
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Port of Virginia moves forward on net-zero carbon goal with clean power agreement
The Port of Virginia expects to meet all of its operational electricity needs from clean-energy resources by 2024, moving it…
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Silk Alliance created to develop green corridors across intra-Asia container trades
The intra-Asia trades, container shipping’s pipelines, are set to get the green corridor treatment.Lloyd’s Register Maritime Decarbonisation Hub announced today…
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Posidonia goes green
The 2022 edition of Posidonia, due to get underway early next month, will be Greece’s first ever sustainable event, as…
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UK Chamber of Shipping urges greater shore power across British ports
The UK Chamber of Shipping has urged the British government to catch up with shore power for ports and ships,…
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Trafigura debuts commodity supply chain emissions calculation platform
Commodity trading giant Trafigura has teamed up Denver-headquartered Palantir Technologies to bring to market a platform for carbon emissions calculation,…
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Rio Tinto and BP launch one-year biofuel trials
Mining giant Rio Tinto will be working with BP on a one-year biofuel trial to help reduce carbon emissions from…
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IMO member states move nearer to adopting a carbon levy
Last week’s Intersessional Working Group (ISWG) on Greenhouse Gases (GHG) ISWG-GHG ahead of June’s gathering of the Marine Environment Protection…
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MOL joins carbon removal scheme
Japan’s Mitsui OSK Lines (MOL) is among five founding buyers of credits from a facility established by a Swiss carbon…
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Enviva signs up for multi-sail bulk carrier project with MOL
New York-listed wood chip producer Enviva has signed up for a sail-assisted bulk carrier to be ordered by Mitsui OSK Lines…
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Wallenius takes a chance on ABBA
Super Trouper, Fernando, Dancing Queen – some of the potential names for future Wallenius ships following a unique tie-up with…
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More than 50% of the global ship finance portfolio now covered by the Poseidon Principles
Officially launched in June 2019, signatories to the Poseidon Principles – shipping’s green banking initiative – now cover more than…
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New York firm showcases project to convert ocean plastic waste into hydrogen fuel
New York-based H2-Industries and German naval architects TECHNOLOG Services have joined forces to develop 3D designs for a concept ship…
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Shipping moves closer to EU’s carbon trading system as lawmakers push for GHG cuts
Shipping has moved further toward being covered by the EU’s carbon market (ETS) after the policymakers in the European Parliament’s…
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Scorpio invests in UK battery startup
Monaco-based Scorpio Group has made a strategic investment in UK-based battery technology startup Britishvolt with the aim of exploring power…
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Golden Energy Offshore ties up with Gen2 Energy to advance its decarbonisation strategy
Norwegian owner Golden Energy Offshore Services (GEOS) is teaming up with compatriot green hydrogen player Gen2 Energy to explore the…
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GoodFuels and Itochu partner in Asia
European biofuel producer GoodFuels has teamed with Japanese trading house Itochu to scale sustainable marine biofuel in Singapore, Japan, and…
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Peru files $4.5bn lawsuit against Repsol, other companies for damages from January oil spill
Peru’s National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) filed a civil claim against…
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Neste claims up to 80% GHG emission reduction with biofuel blend
Finnish oil refiner Neste has introduced a co-processed 0.1% sulphur marine fuel together with Danish bunkering specialist Nordic Marine Oil…
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New report highlights scale of shipping’s renewable challenge
The scale of shipping’s green transition has been put into sharp relief with new data from Germany’s University of Applied…
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