MOL to offer low-emissions options to freight and NVOCC customers

In early 2024, MOL became the first shipping company in the Asia-Pacific region to issue environmental attributes certificates of low-emission voyages using alternative fuels. It has since set up a system that can issue EACs arising from using alternative fuels in the MOL-operated fleet. MITSUI OSK Lines is making concrete moves towards its goals of achieving net

Amazon takes to the sea for lower-emission transport

Amazon is increasing the use of short sea trips to move inventory and customer packages across Europe as part of its effort to provide a more efficient, faster, and lower-emission mode of freight transport. The e-commerce giant operates multiple sea routes to transfer goods between Italy and Spain in collaboration with Italy’s roro operator Grimaldi

Carbon-accounted tanker assessments under ETS by Platts

S&P Global Commodity Insights has announced that it will introduce daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). The new assessments will show the cost of carbon dioxide emissions from fuel combustion to transport crude or fuel oil on an aframax tanker via an initial four European shipping

Is hydrogen the key to a greener shipping industry?

Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical for all uses? Some believe that it will be vital for the future of freight transport, as countries move away from petrol and diesel, but others are more critical of the idea.