Sustainability

ClassNK launches notation for verified shipbuilding emissions

Japanese classification society ClassNK has introduced a ‘world first’ classification notation for ship-construction Scope 3 emissions. The notation, known as a-EA (CFP), confirms that the...

Braemar joins Sustainable Shipping Initiative

Shipbroking and advisory group Braemar has joined the Sustainable Shipping Initiative (SSI), becoming the latest participant in the Commercial Pathways to Transition workstream. Braemar said...

Kongsberg Maritime signs decarbonisation MoU with PT PAL Indonesia

Kongsberg Maritime has signed a memorandum of understanding with PT PAL Indonesia, the country’s largest state-owned shipyard, to cooperate on energy-efficient and lower-emission vessel...

CMA CGM and DHL agree biofuel deal to cut container shipping emissions

CMA CGM and DHL Global Forwarding have agreed to jointly deploy nearly 9,000 tonnes of second-generation biofuel in a deal that combines the physical...

SBTi backs ESL Shipping’s 2040 net-zero pathway

Finland’s ESL Shipping has become the first company in the general cargo segment to have its near- and long-term emission reduction targets validated by...

Swire Shipping joins Achilles’ Maritime Network to reduce emissions with supply chain transparency

Swire Shipping has joined the Achilles Maritime Network to improve supply chain transparency and bring procurement practices in line with emissions reduction goals. The...

DNV and RSI report finds Swedish short sea fleet faces decarbonisation gap

Swedish dry bulk cargo owners risk falling behind in their climate ambitions unless policymakers create targeted incentives to replace the ageing fleet of smaller...

GCMD and INTERCARGO partner on dry bulk decarbonisation, targeting biofuels and OCCS

The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (INTERCARGO) have launched a two-year coalition partnership to accelerate...

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...

Shipyards coalition formed to drive maritime decarbonisation

The Global Green Shipyard Alliance (GGSA) has been launched by Drydocks World, a subsidiary of UAE logistics major DP World, and includes Germany's BREDO...
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