Carbon capture and storage

Value Maritime and MOL install OCCS system on largest vessel to date to ‘close the loop’ on shipping emissions

Dutch cleantech company Value Maritime has successfully equipped a 75,000 DWT LR1 product tanker, owned by Japan’s Mitsui O.S.K. Lines (MOL), with an integrated...

Featured

MPA and Wärtsilä renew partnership to develop methanol and ammonia simulation training

The Maritime and Port Authority of Singapore (MPA) has renewed its partnership with Wärtsilä, the Finnish technology group, on the development of alternative fuel infrastructure, digital port operations, and simulation-based training for methanol and ammonia propulsion systems. To prepare seafarers and port...

Latest news

CO2 shipping

Shell and Brevik Engineering win DNV approval for large-scale LCO2 carrier design with OCCS

DNV has awarded Approval in Principle (AiP) to Shell and Brevik Engineering’s design for a 74,000m³ LCO2 carrier, which features an onboard carbon capture...

CCSA head: UK has 18 months to scale-up CO2 shipping infrastructure

CO2 shipping is a key enabler of the UK's carbon capture and storage (CCS) projects. This week, key figures in the offshore energy and...

EnEarth awarded €120m EU grant to develop CO2 terminal at Prinos Carbon Storage

EnEarth, a carbon storage company and subsidiary of UK-based E&P firm, Energean, has been awarded a €120 million grant to develop a liquefied CO2...

Carbon markets

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Regulations

ECSA and SEA Europe call on EU to integrate maritime sector into European Industrial Maritime Strategy and STIP

In a joint statement, the European Community Shipowners’ Association (ECSA) and the Shipyards & Maritime Association of Europe (SEA Europe) have called on the...

EU needs ‘true GHG pricing mechanism’ to address cost disparity and drive renewable fuel adoption, says WSC

The World Shipping Council (WSC) has released a new report, ‘Can the EU Fuel Shipping’s Decarbonisation?’, which outlines the key challenges facing the European...

ABS: IMO carbon levy causing investment uncertainty

Christopher J. Wiernicki, CEO and Chairman of the American Bureau of Shipping (ABS), has addressed the uncertainty surrounding the International Maritime Organization’s (IMO) proposed...

Europe

International

Global coalition submits proposal to IMO for maritime GHG pricing mechanism

The International Chamber of Shipping (ICS) and 47 governments have submitted a major proposal to implement a greenhouse gas (GHG) emissions pricing system for...

WPCAP to merge with IAPH to further decarbonisation initiatives

The World Ports Climate Action Program (WPCAP) will join the International Association of Ports and Harbours' (IAPH) Climate and Energy Committee to bolster work...

African economies will be impacted by maritime carbon tax, report claims

A new report by the Africa Policy Research Centre (APRI), the African Future Policies Hub (AFPH) and the London School of Economics has warned...

Pacific and Caribbean Islands nations call for universal carbon levy at IMO

The 6PAC+ alliance of Pacific Island and Caribbean nations have called upon the International Maritime Organisation (IMO) to enact a mandatory universal carbon levy...

Asia

Chinese shipping executives and policymakers meet in Shanghai to respond to EU carbon regulations

Chinese shipping executives and policymakers gathered in Shanghai on 10 January 2025 to discuss and respond to the European Union’s greenhouse gas (GHG) emissions...

Bureau Veritas and Samsung Heavy Industries partner to develop CCS solutions

Bureau Veritas (BV), the French classification society, has partnered with the Korean shipbuilding giant, Samsung Heavy Industries (SHI), to develop Floating CO2 Storage Units...

Ports and harbours

First meeting of the TwinShip project to de-risk zero-emissions investments with AI-driven analytics

Last week marked the inaugural meeting of the TwinShip project in Brussels, an international consortium of technology firms, shipping companies, classification societies, and research...

DP World offers importers carbon insetting credits at UK logistics hubs

At the beginning of 2025, DP World launched a ‘world-first’ carbon insetting programme at its UK logistics hubs in London Gateway and Southampton. This...

Value Group receives €2M for development of CO2 hub at Port of Rotterdam

The Rotterdam Energy Transition Fund ('ETF-R') has committed €2 million to accelerate the implementation of carbon capture technology operations at the Port of Rotterdam. The...

Finance

UMAS and UCL report finds capital cost disparity risks pricing developing nations out of e-fuel production projects

The global push for maritime decarbonisation hinges on the large-scale adoption of alternative fuels. Among the most promising of these is e-ammonia, a zero-emission...

South Korea invests in green technologies to boost shipbuilding competitiveness

The South Korean government has allocated a total of â‚©482.3bn ($333mn) to enhance its competitiveness in low-emission ship development, digital transformation, and autonomous vessel...

High carbon price and subsidies required for e-fuel adoption early in energy transition, finds UCL and UMAS study

New research conducted by University College London (UCL) Energy Institute’s Shipping and Oceans Research Group and UMAS, a maritime decarbonisation consultancy, has found that...

Technology