Ports of LA and Shanghai join forces to create green shipping corridor

The Port of Los Angeles (LA) has agreed to work with the Port of Shanghai to form a transpacific green shipping corridor as part of an effort to reduce emissions from one of the busiest cargo routes. Convened by the two ports and C40 Cities, the partnership will seek to develop a plan by the

Oasis Marine Power completes sea trials of world’s first offshore charging station

UK-based marine technology firm Oasis Marine Power Ltd said it has completed the first stage of testing of their offshore charging station, hailing the design a success. This product was the first design under development and is the first of its kind globally to reach sea trials. It offers to revolutionise renewable energy use for

Charting global shipping’s path to zero carbon

A knowledge partnership between the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping and McKinsey explores what it will take for the maritime industry to decarbonize. Persistent logjams in the global supply chain have brought the shipping industry under intense scrutiny in recent months. Although much of the focus has been on devising solutions to

De-risking 2030 will help shipowners in 2050

Waiting until 2028, and then following the lead of others, is a very high-risk decarbonisation strategy. No single fuel and energy conversion technology is going to satisfy the requirements of every shipowner, so each must develop their own decarbonisation strategy and use 2030 targets to evaluate the solutions that could then take them through to

Getting to Zero Coalition calls for a CO2 price of $200 per tonne

The Getting to Zero Coalition, a group of leading maritime companies and environmental NGOs dedicated to reducing carbon emissions from shipping, has released a new report calling for carbon pricing of about $200 per tonne of CO2. To make green future fuels more cost-competitive with conventional HFO and VLSFO, the coalition says that a combination

Maersk tankers to launch decarbonisation hub

Maersk Tankers has announced it is to establish a knowledge hub focusing on decarbonisation. The hub will seek to gather intelligence and create solutions to help shipowners and cargo customers cut emissions, the company said. Maersk Tankers says the decarbonisation hub will bring experts, shipowners, cargo customers and other stakeholders together to develop a suite

Report outlines policy measures to make zero-emission shipping commercially viable

A new report launched by the Getting to Zero Coalition on 18 January has outlined policy measures that could help ‘close the competitiveness gap between fossil fuels and zero-emission alternatives in shipping as well as enable an equitable transition’. Entitled Closing the Gap, the report has been prepared for the Coalition by UMAS. Explaining the

France LNG shipping SAS and EDF LNG shipping ink long-term charter contract

NYK affiliated company France LNG Shipping SAS has signed a long-term charter contract for a new LNG carrier with EDF LNG Shipping SAS. Scheduled for delivery in 2025 from Hyundai Samho Heavy Industries Co., the newly built LNG carrier will be feature WinGD-manufactured, dual-fuel slow-speed diesel engines. The carrier will also feature an Air Liquide-manufactured

ICS, IRENA collaboration to advance global green fuel transition

ICS has signed a Partnership Agreement with the International Renewable Energy Agency (IRENA) to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables. The partnership will provide a framework over the next two years for ICS and IRENA to assist with the decarbonisation

‘Thank God I won’t be on board’ – Maersk methanol ship design under fire

Maritime veterans do not appear to think much of Maersk’s new methanol vessel design, saying the forward-situated superstructure will cause a host of problems. Ex-ship’s captain Arjun Vikram-Singh, currently CEO of Quantum BSO, said: “Thank God I’m ashore,” and called the new design a “monster”. He added: “I hate to think of the poor souls