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MOL becomes first Japanese board member of Book & Claim Community

Mitsui O.S.K. Lines has announced that it has become the first Japanese company to join the board of the Book and Claim Community (BCC),...

New carbon credit methodology launched to tackle methane emissions

Daphne Technology has announced the approval by Gold Standard of its new carbon credit methodology, which aims to reduce methane emissions from internal combustion...

MOL and Chevron to launch wind-assisted LNG carrier in world first

Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of Chevron U.S.A., have announced their agreement to install a hard sail wind propulsion...

New Clean Maritime Fuels Platform launched by European shipowners and fuel producers

Maritime associations including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope have signed up to an industry initiative intended to enhance communication between the shipping sector...

WTW: EU ETS increases demand for carbon credit insurance

According Willis Towers Watson, the insurance services provider, the inclusion of shipping into the EU ETS has spurred demand for insurance which can transfer...

INTERCARGO chairman, Dimitrios Fafalios: ‘Carbon capture is very promising’

Following INTERCARGO's AGM on 24 October 2024, chairman Dimitrios Fafalios spoke about the need for industry-wide regulations to support decarbonisation efforts and the importance...

LR assigns first class notation for OCCS system on EPS ship

Lloyd's Register has assigned the first class notation for onboard carbon capture and storage (OCCS) to the Pacific Cobalt, owned by Eastern Pacific Shipping...

INTERCARGO submits new proposals to IMO, urging CII review ahead of MEPC 82

The International Association of Dry Cargo Shipowners (INTERCARGO) has submitted proposals to the International Maritime Organization (IMO), calling for review of the Carbon Intensity...

KNCC and PACE CCS complete CO2 specification study of EP shipping

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture company between NYK Line and Knutsen Group, and Pace CCS (Pace) has completed a Joint...

KNCC and COSCO to develop LCO2 carrier for global CCUS growth

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture company between NYK Line and Knutsen Group, and COSCO Shipping Heavy Industry Co., Ltd. (CHI)...

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