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

Japan’s US$2.7bn investment signals the start of a commercial liquid hydrogen supply chain

Fuels
Japan has moved beyond demonstrating liquid hydrogen shipping and is beginning to build the commercial infrastructure needed to support it. A programme worth around US$2.7 billion combines investment in specialist carriers, import terminals, storage facilities and pipelines, to create what will...

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

Regulations

Editorial

Editorial: Shipping’s decarbonisation challenge has moved beyond the ship

Editorial
For much of the past decade, maritime decarbonisation has been driven by technology. The industry's biggest questions centred on propulsion. Could methanol engines be made...

Editorial: Five questions answered, and one big message from the EU ETS review

Editorial
Last week we posed five questions shipping should be asking ahead of the European Commission's long-awaited review of the EU Emissions Trading System (EU...

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

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...

BIMCO introduces first standard contract for CO2 shipping

CO2 shipping
BIMCO, the shipping industry’s main trade association, has introduced a standard contract for the carriage of LCO2 to support projects requiring the transportation of...

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

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...

Valenciaport launches port infrastructure plan to target climate risks

Ports and harbours
The Port Authority of Valencia has launched a new climate adaptation plan covering the ports of Valencia, Sagunto and Gandia, which  will assess vulnerabilities...

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