Carbon markets

DP World expands carbon insetting scheme fivefold at UK ports

DP World has announced a fivefold expansion of its Carbon Inset Programme, significantly increasing the availability of credits designed to help importers reduce Scope...

CBH, Norden and Oldendorff partner on biofuel insetting pilot scheme

Australia’s largest grain exporter, CBH Group, has completed a pilot programme using waste-based biofuels to ship Western Australian grain to Europe, in a move...

SCA joins Gasum’s FuelEU Maritime bio-LNG compliance pool

Swedish forest products group SCA has joined Gasum’s FuelEU Maritime pooling service to reduce its transport emissions and ensure compliance with the European Union's...

UPM and Bore join Ahti Pool’s FuelEU Maritime compliance pooling platform

Two Finnish companies, the material solutions firm UPM and the shipping operator Bore, a subsidiary of Spliethoff Group, are to join Ahti Pool, the...

Shipowners urged to act early on FuelEU pooling to avoid compliance risks

Columbia Group’s emissions advisory arm, EmissionLink, has issued a warning to shipowners regarding the complexity of FuelEU Maritime’s compliance pooling mechanism and the risks...

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...

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