Since they were launched in June 2019 as a framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, the Poseidon Principles are increasingly influencing what kind of maritime
On board carbon capture and storage (CCS) as a means of reducing ships’ CO2 emissions is rapidly moving out of the “what if?” category, with exhaust gas scrubbers emerging as an answer
Viridis Bulk Carriers—a joint venture between Navigare Logistics, Amon Maritime and Mosvolds Rederi—and its consortium partners in an ambitious ammonia-fueled shipping project have been awarded NOK !3.75 (about $1.53 million) in Norwegian
North Star, the U.K.’s largest ship operator servicing the oil and gas industry, has kick started its ambitious fleet decarbonization plans with an in-depth sustainability study across its 44 offshore infrastructure support vessels. The
By Managing Director Brian Coyne, KPI OceanConnect A succession of industry initiatives, such as the COP26 “Shaping the Future of Shipping” Conference, demonstrate the shipping industry’s decarbonization ambitions and commitment, however, it
In Part 1 of a two-part Q&A series with Blue Sky Maritime Coalition President David Cummins, Marine Log finds out what the organization is all about and how it hopes to strategically
Gothenburg, Sweden-headquartered tanker operator Stena Bulk has reported the results of a recent study exploring the potential for capturing carbon at the point of exhaust from large commercial vessels. The study was
By Tuomas Riski, CEO, Norsepower The Global Maritime Fund’s Poseidon Principles has a huge number of signatories, which, together, have issued over $1.2 billion in sustainable maritime ship financing in 2020. Even
Late last month, Montreal headquartered CSL Group, the largest owner and operator of self-unloading ships in the world, completed the world’s longest-running trials of B100 biodiesel on marine engines, accumulating nearly 30,000
A bulk carrier operated by Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has successfully completed a voyage bunkered on biofuel. The ship, the 63,529 DWT Sydney Eagle was bunkered with advanced