GCMD partners with Olympic Shipping for decarbonisation

Onassis Foundation-controlled Olympic Shipping and Management (OSM) has become the first Greek ship owner and manager to partner with the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), committing to a five-year collaboration to accelerate shipping’s decarbonisation. As an impact partner, OSM with a fleet of 18 crude oil tankers, will provide a cash contribution towards

PCI and PaxOcean to collaborate with ABS for decarbonization

Singapore’s Pacific Carriers Limited (PCL) is among the growing number of vessel operators looking at methanol fueling as a path to decarbonization. Along with shipyard group PaxOcean Holdings Pte Ltd it is collaborating with ABS on a new joint development project (JDP). Both PCI and PaxOcean are members of the Kuok Group. The partnership with

Gadkari stresses need to decarbonise Indian transport sector

Addressing virtually at the Sugar and Ethanol Conference, Minister of Road Transport & Highways, Nitin Gadkari said there is a need to decarbonise the transport sector of India as it has the potential to become a torch-bearer in bio-fuels. He stated that the Indian transport industry has fulfilled 80 per cent of its fuel usage

DHL and Hapag-Lloyd agree for the use of biofuel

DHL Global Forwarding has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. The two companies share the vision of decarbonizing container shipping and logistics. As per the agreement signed between the two companies, Hapag-Lloyd will ship 18,000 TEU of DHL’s volume using advanced biofuels, which is