Environment
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The headline says ammonia – the detail says methanol
To judge by the headlines, the shipping industry is already set on ammonia as its future fuel of choice. Not…
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Navios cops $10m fine over Maldives reef grounding
The Maldives has received $10m as compensation from Navios Maritime Partners whose ship ran aground on a local reef in…
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Brazilian federal police recommend prosecuting ship owner, captain and chief engineer for 2019 oil spill
Brazil’s federal police have completed a two-year investigation into a major oil spill off the country’s coast in the summer…
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Panama Canal announces greenhouse gas emissions fee
Speaking this week at the AAPA Latino conference in Colombia, Panama Canal Administrator Ricaurte Vásquez Morales announced the authority’s plan…
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Alfa Laval and Wallenius target wind-powered car carrier by 2025
Swedish companies Alfa Laval and Wallenius have taken the next step towards bringing the Oceanbird wind power solutions from concept…
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Methanol-fuelled towboats to enter market in 2023
The world’s first methanol-powered towboat will join the fleet of Louisiana-based Maritime Partners and be available for hire in 2023.…
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Pacific Basin debuts carbon neutral offering
Hong Kong dry bulk shipping giant Pacific Basin has today launched its PB Carbon Neutral Voyage Programme. For customers wanting…
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World’s first dual-fuel LNG battery hybrid car carrier set to enter service
The world’s first dual-fuel LNG battery hybrid pure car and truck carrier (PCTC) is set to start commercial operation this…
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‘COPtimists, meet the MEP-wait-and-C’
In the space of a month the limitations of the United Nations (UN) to lead climate policy changes have been…
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Equinor makes $1.1bn move to develop gas reserves and slash emissions from Oseberg
Norway’s Equinor has submitted plans to develop one of the largest oil producing fields on the Norwegian Continental Shelf (NCS)…
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Wärtsilä sets about producing hydrogen from LNG onboard ships
Wärtsilä has embarked on a new project to produce hydrogen as marine fuel from LNG onboard vessels. The Finnish technology…
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WinGD sets dates for ammonia and hydrogen engines
Swiss engine designer WinGD plans to launch engines able to run on methanol and ammonia from 2024 and 2025 respectively,…
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Dutch green shipping fund launches
Dutch ship finance specialists PROW Capital have launched a €420m ($471m) green shipping fund that provides credit to shipowners for…
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Market-based measures under discussion at MEPC
On day three of the Marine Environment Protection Committee (MEPC) meeting, International Maritime Organization (IMO) member states went forward with…
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Evergas and Navigator joint venture eyes CO2 carrier newbuilds
Danish joint venture between Evergas and Navigator, Dan-Unity CO2, has said it will be looking for suitable shipyards to build…
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Shipping emissions under existing targets will be double what’s needed to meet Paris Agreement goals
New research from the University of Manchester shows that the current climate targets set for international shipping are far too…
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Opus Marine taps carbon credits to offset entire fleet CO2 emissions
Crew transfer vessel owner and operator Opus Marine will use carbon credits to offset greenhouse gas emissions of its entire…
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Europe foils zero emissions resolution at MEPC
“The world is watching us,” Kitack Lim told delegates attending the opening day of the Marine Environment Protection Committee (MEPC)…
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New analysis shows EEXI would lead to 6.6% emissions reduction
Implementation of the Energy Efficiency Existing Ship Index (EEXI) would reduce CO2 emissions by an estimated 6.6% and carbon intensity…
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The costs of installing carbon capture systems onboard revealed
A feasibility study conducted by the Oil and Gas Climate Initiative (OGCI) and Swedish tanker owner Stena Bulk shows the…
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