Executive Insights

Normec Verifavia targets costly compliance errors in FuelEU Maritime reporting

Regulations
Shipping companies are facing potentially significant financial consequences from errors in their first FuelEU Maritime (FEUM) submissions, with some mistakes resulting in penalties and...

The ‘Tinder’ of supply chains decarbonisation – Carboninsets as a go-to EAC matchmaker

Carbon markets

Featured

Yara turns captured carbon into maritime cargo

CO2 shipping
Sluiskil project adds to shipping’s CO₂ cargo stream as Europe builds market for liquefied CO₂ Shipping has spent years waiting for new cargoes to emerge from the energy transition, but methanol and ammonia alongside their established markets in the chemical industry and...

Latest news

Carbon capture and storage

DNV publishes framework for verifying OCCS performance

CCS
DNV has published a recommended practice establishing a framework for measuring and verifying the performance of onboard carbon capture and storage systems. In the announcement...

MODEC and Eld plan carbon capture-equipped FPSO power system

CCS
Japanese offshore engineering company MODEC and Norway’s Eld Energy have signed an MoU to develop a 1.2MW power system integrated with carbon capture for...

Maritime carbon economy briefing

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MCI webinars

Fuels

GMI adds two hydrogen bulkers as Norway builds its fuel supply chain

Fuels
As Norwegian shipowner Green Maritime Infrastructure Group (GMI) adds two more hydrogen-powered bulk carriers to its fleet, Norway builds the production and bunkering infrastructure...

DNV – flexibility is the key to shipping’s path to net zero

Fuels

Maersk’s ammonia tankers drive change in technical management strategy

Fuels

Regulations

Editorial

SMM Hamburg: Efficiency, not fuel choice, is where forward-thinking operators are actually investing

Editorial
Last week's shipping fest in Hamburg offered a useful insight into the industry's current thinking. While the big alternative-fuel discussions continue in the background,...

Editorial: The IMO Net-Zero Framework: where we are now and potential ways forward

Editorial
The summer is over and with negotiations due to resume at the IMO next week, here is a short summary of what the autumn...

Maritime carbon economy briefing

Sign up here to receive our free weekly briefing email with the latest news and analysis on the maritime carbon economy directly to your inbox.

CO2 shipping

Yara turns captured carbon into maritime cargo

CO2 shipping
Sluiskil project adds to shipping’s CO₂ cargo stream as Europe builds market for liquefied CO₂ Shipping has spent years waiting for new cargoes to emerge...

Northern Lights awards second CO2 carrier to K Line-MISC consortium

CO2 shipping
Northern Lights JV has awarded a second LCO2 carrier to a consortium comprising Japan's K Line and Malaysia's MISC. The long-term time charter covers a...

Bernhard Schulte takes delivery of first LCO2 carrier for Northern Lights project

CO2 shipping
Bernhard Schulte has taken delivery of its first LCO2 carrier, Northern Purpose. The 7,500m3 vessel was christened at Dalian Shipbuilding Offshore in China on...

Europe

International

ZESTAs launches liquid hydrogen shipping alliance at IMO

Fuels
The Zero Emission Ship Technology Association (ZESTAs) formally launched the Global Liquid Hydrogen Alliance at the International Maritime Organization’s London headquarters. The alliance will support...

Carbon pricing disputes resurface ahead of MEPC 84

Regulations
Divisions over carbon pricing and fuel standards are set to dominate negotiations at the forthcoming meeting of the IMO’s Marine Environment Protection Committee (MEPC),...

Djibouti presents maritime carbon pricing model to Tanzanian officials

Carbon markets
Djibouti has presented its approach to carbon pricing for international transport to the Government of Tanzania as part of discussions on emissions from the...

Shipping groups urge IMO to approve net-zero framework in 2026

Regulations
A coalition of 87 shipping companies, ports and clean-fuel producers has urged the International Maritime Organization to adopt its Net-Zero Framework in 2026, following...

Asia

Wah Kwong NatPower and CKS sign Hong Kong-Guangdong electric shipping agreement

Inland Waterways
Wah Kwong NatPower Holdings and Chu Kong Shipping Enterprises (Group) have signed a memorandum of understanding focused on the electrification of waterborne transport between...

Ulsan completes first port-to-ship ammonia bunkering for commercial vessel

Ports and harbours
A dual-fuel gas carrier has completed the world’s first port-to-ship ammonia bunkering operation for a commercial vessel at Ulsan Port. Approximately 600 tonnes of...

Ports and harbours

Bencros brings carbon insetting to marine fenders

Carbon markets
Marine fender manufacturer Bencros is recycling waste rubber to create a verified insetting claim that can be allocated directly to customers' Scope 3 emissions,...

Singapore approves Itochu’s ship-to-ship ammonia bunkering trials

Ports and harbours
The Maritime and Port Authority of Singapore (MPA) has authorised Itochu subsidiary ZETA Bunkering to conduct ammonia bunkering trials in Singapore. It is the...

Ulsan completes first port-to-ship ammonia bunkering for commercial vessel

Ports and harbours
A dual-fuel gas carrier has completed the world’s first port-to-ship ammonia bunkering operation for a commercial vessel at Ulsan Port. Approximately 600 tonnes of...

Finance

World Bank: Alternative fuel supply, not ship design, is the binding constraint on Asia-Pacific’s maritime transition

Finance
A new World Bank regional report on East Asia and the Pacific's maritime sector delivers an uncomfortable message for anyone tracking the pace of...

Can ships become power stations? DRIFT Energy and Commenda Capital move to make offshore hydrogen a financeable maritime asset

Finance
DRIFT Energy's strategic partnership with Commenda Capital Partners aims to unlock more than $500 million for a fleet of 50 energy-harvesting vessels. Ships are designed...

MarineFifty and Njord launch maritime energy-efficiency fund

Finance
MarineFifty, a sustainability-focused investment company, plans to establish a fund focused on suppliers of maritime energy-efficiency technologies, with Danish consultancy Njord appointed as technical...

Technology