In a World Maritime Day message today, International Maritime Organization Secretary-General Kitack Lim said that IMO’s theme for 2020, “Sustainable shipping for a sustainable planet,” couldn’t be more relevant now and for
The Cruise Lines International Association (CLIA) today released the latest Global Cruise Industry Environmental Technologies and Practices Report produced by Oxford Economics. The report highlights the progress that CLIA oceangoing cruise line
In what is claimed as a first for a Norwegian shipowner, Klaveness Combination Carriers ASA (KCC) has secured a $60 million sustainability linked term loan and revolving credit facility for the financing
Shipowners A.P. Moller – Maersk and DFDS have joined a Danish partnership that plans to develop an industrial-scale production facility in the Copenhagen area to produce sustainable fuels for maritime, road and
At least $1 trillion of capital investment in land-based and ship-related infrastructure will be needed to achieve the IMO target of reducing world shipping’s total greenhouse gas emissions by at least 50%
Danish ship operator Norden A/S has entered into a partnership with Kvasir Technologies, a spin-out from the Technical University of Denmark that has a patented technology to produce fuel from plant material.
The WASP (Wind Assisted Ship Propulsion) project has been officially approved and launched, backed by EUR 5.4 million (about $6 million) of EU funding. The project brings together universities, wind-assist technology providers
With heavy fuel oil currently covering 82 per cent of the sector’s energy needs, decarbonizing global shipping will play a critical role in achieving climate objectives, a new report by the International
Ports as well as shipping lines are making efforts to decarbonize. Among them is Port Houston. It is set to begin to purchase renewable electricity port-wide, In a move that would make
A Low Carbon Shipping Outlook just published by ABS aims to help the maritime sector evaluate potential pathways to a low-carbon future. “Despite all the noise and confusion about IMO 2020, the