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Seatrium secures $400m sustainability-linked load from UOB Bank

Seatrium, the Singapore-based offshore and marine engineering group, has obtained a US$400 million sustainability-linked revolving credit facility from United Overseas Bank (UOB). The facility, arranged...

Maersk-backed Prometheus claims world first in off-grid e-fuels from direct air capture

Prometheus Fuels, a California-based energy technology firm backed by A.P. Moller-Maersk, this week claimed to be the first to produce synthetic fuels using direct...

Swire Shipping unveils carbon insetting scheme to tackle Scope 3 emissions

Swire Shipping has launched a carbon insetting programme to support freight customers in reducing Scope 3 greenhouse gas (GHG) emissions using second-generation biofuels. The...

HyOrc expands European footprint with Porto waste-to-methanol production facility

HyOrc, a US-based developer of waste-to-fuel technologies, is expanding its presence in Europe through two new agreements to develop green methanol production facilities in...

Babcock to supply ammonia fuel system for Trafigura newbuilds

Babcock’s LGE business has secured a contract to deliver its ammonia fuel supply system for four medium gas carriers ordered by Trafigura. The vessels,...

PETRONAS, MISC and MOL launch JV to develop LCO2 shipping in Asia-Pacific

In June 2025, Petronas CCS Ventures (PCCSV), MISC and Mitsui O.S.K. Lines (MOL) formally launched a joint venture to accelerate the development of cross-border...

Carbon Clean opens major CCUS research facility in India

Carbon Clean, a carbon capture technology company headquartered in the UK, has launched one of the world’s largest dedicated carbon capture research facilities in...

European Commission opens consultation on ports and industrial maritime strategy

The European Commission has launched two parallel initiatives to develop its maritime industrial and port strategies to strengthen the resilience, competitiveness and decarbonisation trajectory...

Flemish and German governments meet to develop hydrogen and CO2 infrastructure at Port of Antwerp-Bruges

On 27 June, senior representatives from the governments of Flanders and North Rhine-Westphalia convened in Antwerp for a joint governmental session held at Port...

GCMD demonstrates first complete OCCS value chain in China

The Global Centre for Maritime Decarbonisation (GCMD) has concluded a pilot project in China that demonstrates the feasibility of a full value chain for...

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