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EU ETS data shows 3% fall in shipping emissions in 2025

Preliminary emissions data for 2025 indicates that shipping’s inclusion in the EU Emissions Trading System has resulted in a 3 per cent year-on-year reduction...

Developers apply for North Sea carbon storage licences covering 2mn acres

The UK’s North Sea Transition Authority has announced that carbon storage developers have applied for rights to more than 2 million acres of North...

DP World expands carbon inset programme to Belgium, Portugal and Sweden

A new carbon inset trial launched by DP World, named Insetify, will begin on 1 April and target ocean freight forwarding customers in Belgium,...

Shipowners urge EU to speed up cross-border CO2 transport rules

European shipowners and ports are pressing Brussels to clarify rules for cross-border CO2 transport, warning that regulatory delays could slow the development of carbon...

Northern Lights expands CO2 shipping capacity to meet rising European CCS demand

Northern Lights, the carbon capture and storage joint venture between by Equinor, Shell and TotalEnergies, has awarded long-term time charters for three new LCO2...

Swedish tanker group launches FuelEU Maritime emissions trading arm

Furetank, the Swedish tanker operator, has secured large-scale supplies of renewable biomethane and launched a new emissions trading venture under the EU’s FuelEU Maritime...

Project Greensand selects NOV’s APL group for offshore CO2 injection system

Project Greensand, the INEOS-led initiative establishing a commercial-scale carbon capture and storage (CCS) value chain in the Danish North Sea, has selected the US...

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