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First meeting of the TwinShip project to de-risk zero-emissions investments with AI-driven analytics

Last week marked the inaugural meeting of the TwinShip project in Brussels, an international consortium of technology firms, shipping companies, classification societies, and research...

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...

EnEarth awarded €120m EU grant to develop CO2 terminal at Prinos Carbon Storage

EnEarth, a carbon storage company and subsidiary of UK-based E&P firm, Energean, has been awarded a €120 million grant to develop a liquefied CO2...

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...

ClassNK awards AiP for low-pressure coastal LCO2 carrier design to develop Japan’s CCS value chain

Mitsubishi Shipbuilding, a subsidiary of Mitsubishi Heavy Industries (MHI), and Nippon Gas Line (NGL) have obtained Approval in Principle (AiP) from ClassNK for a...

CLdN offers pooling service to leverage fleet over-compliance under FuelEU Maritime regulations

Luxembourg-based short-sea specialist, CLdN, has launched a compliance pooling service aimed at assisting shipowners and operators in meeting the increasingly stringent requirements set by...

High carbon price and subsidies required for e-fuel adoption early in energy transition, finds UCL and UMAS study

New research conducted by University College London (UCL) Energy Institute’s Shipping and Oceans Research Group and UMAS, a maritime decarbonisation consultancy, has found that...

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....

World fleet risks $400bn in stranded assets unless retrofitted with zero-emissions technology, warns UCL report

New research from University College London’s (UCL) Bartlett Energy Institute suggests that shipping may face up to $400 billion of stranded assets as over...

MTF report identifies downstream carbon value chain as key driver for industry OCCS adoption

The Maritime Technologies Forum (MTF), a group of flag states and classification societies that aims ‘to bridge the gap between technological progress and regulatory...
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