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Carbon markets

MOL partners with Climeworks on carbon removals using direct air capture

Mitsui O.S.K. Lines (MOL), the Japanese shipping major, has announced its agreement with Swiss direct air capture (DAC) company, Climeworks, to remove 13,400 tonnes...

FincoEnergies launches FuelEU Maritime compliance pooling service

FincoEnergies, a Netherlands-based biofuel supplier, in partnership with Lloyd’s Register (LR), has launched a compliance pooling service designed meet the regulatory requirements of FuelEU...

UK ETS to include maritime sector from 2026

The UK government has unveiled its Maritime Decarbonisation Strategy, which aims to reduce well-to-wake greenhouse gas (GHG) emissions by 30% by 2030, 80% by...

DP World’s carbon inset programme registers over 100,000 TEUs in first two months

DP World’s Carbon Inset Programme has registered over 100,000 TEUs of import-laden containers within the first two months of its six-month trial period. The...

MOL and NYK invest in carbon insetting and CDR initiatives to mitigate hard-to-abate emissions

Japan’s largest shipping companies, Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK), have launched initiatives signalling their increased commitments to carbon insetting and...

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...

NYK sets out plans to purchase carbon dioxide removal credits to offset residual emissions

Japanese shipping group, NYK, has published a position paper laying out plans to adopt carbon dioxide removal (CDR) technologies to reduce Scope 1 emissions....

Höegh Autoliners deploys Svitzer’s carbon insetting solution on towage in Australian ports

Danish towage provider, Svitzer, and leading Norwegian "Roll-on, Roll-off" shipping company, Höegh Autoliners, have partnered to implement Svitzer's EcoTow carbon insetting solution in Australia....

Neste partners with Ahti Pool to seek revenue opportunities in FuelEU Maritime compliance pooling

Neste, the Finish sustainable fuel producer, has today signed a letter of intent to join Ahti Pool's FuelEU Maritime compliance pool, increasing Ahti Pool's...

UK Government to expand ETS to include shipping

New proposals put forward by the UK ETS Authority outline its intention to expand the UK's current emissions trading system (ETS) to include domestic...
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