ICS backs emissions pricing proposal to IMO

The International Chamber of Shipping (ICS) has proposed a greenhouse gas emissions pricing mechanism for shipping, outlined in a joint submission to the International Maritime Organization (IMO). The coalition has suggested amendments to the MARPOL convention that would require shipping companies to make contributions, per tonne of GHG emitted, to a so-called IMO GHG Strategy

Sailing towards sustainability: Navigating maritime risks through ESG norms

Ms Smitha Shetty, Regional Director for APAC at Achilles Information Ltd.

NYK, ENEOS ink deal for sale and purchase of marine fuel

Nippon Yusen Kabushiki Kaisha (NYK) and ENEOS Corporation (ENEOS) signed an Agreement regarding the sale and purchase of marine fuel with carbon dioxide removal credits (CDR credit) created through Direct Air Capture with Carbon Storage (DACCS). The Agreement stipulates that ENEOS will procure CDR credits from 1PointFive’s STRATOS Direct Air Capture plant in Texas, the

DP World Introduces Electric Transfer Vehicle at Port of Brisbane

In its latest move toward greener logistics, DP World has unveiled a fully electric internal transfer vehicle (ITV) within its operations at the Port of Brisbane’s Fisherman Island. The bold step of introducing an electric ITV in its fleet – a first for DP World in Australia – is projected to eliminate more than 120,000

Merchant Navy Welfare Board (India) takes a major step in expanding global presence

Dr. N. Reuben Paul, Chairman of the Merchant Navy Welfare Board (India), met with Indian Ambassador Rudrendra Tandon at the Indian Embassy in Athens, Greece, and leading shipowners in Greece to advance the Board’s mission of supporting Indian seafarers worldwide. The Merchant Navy Welfare Board (India) has signed an agreement with the Global Seafarers Organisation

IME(I) Mumbai Branch Hosts Insightful Webinar on “Shipping Markets and Data”

The Institute of Marine Engineers (India) Mumbai Branch successfully conducted a thought-provoking webinar on the topic “Shipping Markets and Data” on 30th November 2024. The session featured an expert presentation by Dr. Satya Sahoo, Assistant Professor of Shipping Management and Finance at the World Maritime University, Malmö, Sweden. The event commenced with opening remarks by

Roadmap for Nordic Shipping’s fuel transition delivered to Nordic ministers

The Nordic Roadmap project has unveiled the Fuel Transition Roadmap for Nordic Shipping, a comprehensive document outlining a decarbonization strategy for the region. The report urges Nordic ministers to take immediate action to support the industry in achieving its goals by closing the cost gap associated with the fuel transition. Its findings and recommendations were

Pacific Basin Shipping orders 4 dual-fuel low-emission vessels

After working with Nihon Shipyard Co. and Mitsui & Co. for two and a half years, Pacific Basin Shipping announced that it has placed an order for four 64,000 dwt dual-fuel low-emission vessels (LEVs) that can run on fuel oil and green methanol. As previously stated, two of the ships are contracted with Mitsui &

Rotterdam-Singapore GDSC conducts sustainability certification for bio-methane bunkering

The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a successful pilot for the bunkering of mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam (PoR) on 19 October 2024. A total of 100 tonnes of mass-balanced LBM was supplied by Shell to CMA CGM’s liquefied natural gas-powered containership CMA CGM TIVOLI. Produced

Senior maritime law enforcement and regulatory officers gather in Incheon

The ReCAAP Information Sharing Centre (ISC), with the support of the Republic of Korea Ministry of Oceans and Fisheries, also the focal point for the Republic of Korea, concluded a five-day capacity-building Building Senior Officers’ Meeting (CBSOM) in Incheon, South Korea. Senior officers of maritime law enforcement and regulatory agencies from 16 ReCAAP focal points/contact