HMM enters bidding to take over Hyundai LNG Shipping

HMM has decided to enter the bidding to acquire its former LNG shipping operation that was spun off a decade ago during the company’s liquidity crisis. The Korea Herald is reporting on Friday that HMM notified IMM Holdings, owners of the gas carrier, of its intent to enter the bidding and to begin a due

Condor H2 shipping project gets underway

A new project has been launched to facilitate emission-free inland and nearshore shipping. A consortium that brings together the Port of Rotterdam, the Province of Zuid Holland, five other ports and more than 40 project partners, aims to have the first vessels sailing on hydrogen in 2025 and to enable 50 emission-free vessels by 2030.

Hapag-Lloyd introduces CO2 credits to customers

Hapag-Lloyd is following the example set by Norden to offer biofuel-linked CO2 avoidance certificates for customers who want to contribute to cutting down on emissions for their shipments. Through ‘Ship Green’, a new solution for climate-friendly transportation based on biofuel, customers can contribute to cutting down on greenhouse gases (GHG) emissions by changing the fuel

A.P. Moller-Maersk to celebrate first green methanol vessel

To celebrate the world’s first container vessel sailing on green methanol, A.P. Moller – Maersk will host a week of festivities, including the name-giving event and other activities September 18-21 in Copenhagen, Denmark. The 2,100 TEU feeder vessel is a small piece of history in the shipping industry. The dual-fuel engine vessel will pause in

IMO study ambitious on green targets for shipping

A study commissioned by the International Maritime Organization (IMO) shows that the hurdles regularly cited barring the way to shipping’s decarbonisation are all surmountable. The study, which has been sent to the Marine Environment Protection Committee (MEPC) which meets in London this July, potentially paves the way for member states to agree on more ambitious

Campaign opposing LNG as fuel for shipping launches

Say No To LNG, a global shipping campaign has launched with its backers saying they aim to debunk the “myth” that LNG is a climate friendly marine fuel alternative. LNG remains the number one alternative fuel chosen by owners when ordering newbuilds, with the number of LNG-fuelled ships soaring in recent years. Detractors of the

UMAS report details green priorities for shipping

UMAS, a commercial advisory service affiliated with the UCL Energy Institute at University College London, has issued a report looking at the ways in which a 1.5ºC-aligned pathway could be achieved, providing some scenarios for the respective role of fuel substitution and energy efficiency in meeting 2030 reduction targets. The International Maritime Organization’s greenhouse gas

Guidelines for safe transport of lithium-ion batteries unveiled

The Lithium-ion Batteries in Containers Guidelines, published by several industry bodies, seek to prevent the increasing risks that the transport of lithium-ion batteries by sea creates, providing suggestions for identifying such risks. Extensive measures to safely transport what is an exponentially increasing volume of lithium-ion batteries, in their various states or charge and when also

OGCI, Stena, & GCMD received ABS approval for carbon capture on oil tanker

A consortium of global shipping organisations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle from the American Bureau of Shipping (ABS), the US ship certification agency, to use a carbon capture system onboard an oil tanker. The project’s seven-member consortium includes the Global Centre for Maritime Decarbonisation (GCMD) in Singapore,

Europe on path to cutting 80% shipping emissions by 2050

The European Parliament and Council have reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050. This would apply to ships above a gross tonnage of 5,000, and to all energy used onboard in or between European Union ports, as well as