IMO HQ

$5 billion “moon shot” proposal for shipping decarbonization

Governments controlling a major share of the world merchant fleet yesterday submitted a “moon shot” proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5

Powerful players eye Singapore as green ammonia bunkering hub

Aiming to play a pioneering role in establishing a supply chain for ship-to-ship green ammonia bunkering in the Port of Singapore, a group of leading maritime companies have signed a Memorandum of

Diana Shipping to monitor vessels’ environmental performance

Athens-headquartered dry bulk specialist Diana Shipping Inc. (NYSE: DSX) reports that its wholly-owned subsidiary Diana Shipping Services S.A. has signed an agreement with ABS to implement the ABS Environmental Monitor digital sustainability

Golden Ray: Cutting begins on Section Two

The St. Simons Sound Response team has now started operations to remove Section Two of the hull of the capsized car carrier Golden Ray, which is being sliced into eight giant sections

Eastern Pacific Shipping in MOU on methanol and ammonia fuel retrofits

One of the world’s largest shipowners, Singapore-headquartered Eastern Pacific Shipping (EPS), is to retrofit a number of the existing vessels in its 15 million dwt fleet to burn methanol and ammonia fuels.

DNV supports Hapag-Lloyd’s milestone green financing

As we reported earlier, Hapag-Lloyd has secured green financing for six containerships on order for delivery from South Korea in 2024. Hapag-Lloyd obtained the favorable financing with the support of DNV which

Singapore’s third LNG bunkering license goes to Total

The Maritime and Port Authority of Singapore (MPA) has issued a third LNG bunker supplier license. It has been awarded to Total Marine Fuels Private Limited and is for for a five-year

CMA CGM to dedicate six LNG-fueled ships to service U.S. market

CMA CGM Group Chairman & CEO Rodolphe Saadé announced today that he will dedicate six new liquefied natural gas (LNG) fueled containerships to the U.S. market, as part of the group’s ongoing

Golden Ray: Cutting resumes after maintenance pause

After taking a pause to maintain apparatus, the St. Simons Sound Response team today resumed cutting operations on the hull of the capsized car carrier Golden Ray, which is being sliced into

Dropping in bio-LNG extends green financing runway says SEA-LNG

By dropping in bio-LNG to their fuel mix, owners of LNG-fueled ships could extend the time through which they are eligible for preferential “green” financing under the Poseidon Principles. The SEA-LNG coalition

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