In Massachusetts, the Massachusetts Institute of Technology launched the MIT Maritime Consortium with eight members and a multi-disciplinary research agenda to address greenhouse gas emissions from the global shipping industry, which moves 11 billion tons of goods annually and accounts for 90 percent of global trade by volume. The founding members are American Bureau of […]
In Panama, Offshore Energy reports the Panama Canal Authority known as ACP, announced a new weekly “NetZero Slot” starting October 5 that will offer one expedited Neopanamax transit to ships using fuels under 75 gCO₂(e)/MJ, aiming to support global decarbonization and bolster canal throughput amid operational shifts. The program will initially prioritize dual-fuel-ready ships operating […]
In Norway, classification society DNV has published a white paper highlighting that marine shipping accounted for just 0.6% of global liquid biofuel consumption in 2023, despite rapid growth in bio-blended bunker fuel sales at ports like Singapore and Rotterdam. The report tracks developments in supply, regulations, and technical considerations, and includes feedback from 12 shipping […]
In Germany, gCaptain reports ICODOS GmbH, the Karlsruhe Institute of Technology, and the city of Mannheim’s wastewater management utility launched the world’s first facility to produce climate-neutral marine methanol from wastewater using biogas and green hydrogen, backed by a $2.2 million German government grant. “We are proud to present the world’s first plant that converts […]
In China, at China Merchants Jinling Shipyard in Nanjing, TFG Marine attended the delivery ceremony of Pearl Lavender, the first of four methanol carriage-ready IMO Type II bunker tankers chartered from Singapore-based Consort Bunkers, as part of a long-term agreement to expand low-carbon fuel infrastructure in the Port of Singapore. “This agreement is part of […]
In Japan, six Japanese firms— IHI Corporation, Hokkaido Electric Power, Mitsubishi Gas Chemical, Mitsui O.S.K. Lines, Mizuho Bank, and Tokyo Century Corporation— signed a memorandum of understanding to explore investment in a green ammonia project in Odisha, India, aiming to produce 400,000 tons annually by 2030 for transport to Japan. “IHI Corporation is dedicated to […]
In Singapore, the Maritime and Port Authority of Singapore and the Port of Rotterdam signed a cooperation agreement to expand their Green and Digital Shipping Corridor, aiming to cut emissions from large container vessels by 20–30% by 2030, scale up low- and zero-emission fuels, and standardize digital port operations along the 15,000-kilometer route. “The continued […]
In China, Xinde Marine News reports CMA CGM, Shanghai Port Group, and Shanghai Electric signed a long-term green methanol supply cooperation agreement to fuel dual-fuel ships, accelerate shipping decarbonization, and support CMA CGM’s 2050 net zero emissions target—financial terms were not disclosed. “Dafei Group has always been committed to meeting the challenges of clean fuel […]
In Japan, Mitsui O.S.K. Lines, its Singapore-based subsidiary MOL Chemical Tankers, and Belgium’s CMB.TECH announced they will jointly own and charter nine ammonia-fueled Capesize bulkers and chemical tankers—the first vessels of their kind worldwide—“amid the trend toward decarbonization.” “These will be the world’s first ammonia dual-fuel Capesize bulkers and chemical tankers,” MOL said. The vessels […]
In Singapore, speaking on March 24 at Singapore Maritime Week 2025, Senior Minister Lee Hsien Loong warned that climate change and decarbonization are forcing a structural shift in global trade and maritime logistics. “Climate change and extreme weather events are already affecting established trade routes,” he said, citing droughts disrupting traffic through the Panama Canal […]
