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The International Maritime Organization has committed to slashing total annual greenhouse gas emissions by at least 50% by 2050, compared with 2008, and it aims to decarbonise the sector fully by the end of the century. The shipping industry is facing up to the challenge, developing new fuels and stronger, environmentally-friendly practices. But with tighter rules and regulations on both a regional and global level to contend with, agreement on the best approach is not easy


Future Fuels

CMB.Tech to install WinGD ammonia engines on 16 newcastlemaxes

Ammonia-powered newbuilding vessel orders start to emerge as engine designers including WinGD, MAN and Wärtsilä  aim to start delivering ammonia engines soon

Tankers and Gas Sustainability

Shipping showcases its decarbonisation progress at COP28

COP28 could be decisive for shipping’s efforts to decarbonise. High-level pledges and agreements around CO2 pricing and a fair energy transition for developing nations dominate the agenda in Dubai

Sustainability Energy

Shipping chief executives call for faster pace in decarbonisation drive

Joint statement ahead of COP28 from the bosses of box lines Maersk, CMA CGM, Hapag-Lloyd, Mediterranean Shipping Co and car carrier Wallenius Wilhelmsen called for even faster action from regulators

International Containers

Maersk Tankers confirms ammonia carrier newbuilding quartet in joint venture with Mitsui & Co

New very large ammonia carrier order marks a return by the AP Moller Holding-owned company to gas carrier ownership after it exited the sector in 2013, following the sale of its LPG carrier fleet to BW Group

Asia Pacific South Korea

Onboard carbon capture just a temporary measure, MAN says

MAN Energy Solutions expects e-ammonia to be the most cost effective solution for shipping to cut emissions, with the company aiming to deliver its first ammonia-powered engine late next year

Sustainability Man

Seafarer decarbonisation training framework launched

The fuels needed to meet to net zero will mean seafarers having new skills. A taskforce to ensure that happens is launching its training framework during COP28

Sustainability Crewing

Saverys: Blue ammonia could ramp up fuel supplies

Alexander Saverys said making ‘blue’ ammonia, with carbon capture, could help ramp up early supplies, as the industry looks to replace its fuel oil supplies. He called for more industry action to decarbonise

Sustainability Fuels

IEA warns of carbon capture pitfall

Inconceivable volumes of carbon capture and storage would be needed to align with 1.5°C policy targets, IEA argues

Sustainability Technology and Innovation

Boxship fuel transition picks up pace

The container shipping sector is far ahead of other segments in making the transition towards lower-carbon fuels. Methanol has taken over as the most popular alternative to marine fuel oil

Containers Sustainability

Have your say! The Shipping Outlook Survey: 2024 and beyond

Have your say in our annual Shipping Outlook: 2024 and beyond survey, where we assess market sentiment on the key challenges impacting the maritime industry in the decade ahead

Climate change Ukraine crisis

Elevated newbuild prices good for tanker fundamentals, says Stena Bulk’s Hånell

Stena Bulk chief executive says its understandable how many tanker owners are refraining from investing in new ships given the high prices and future fuel uncertainty

Tankers and Gas Shipbuilding

Maersk signs methanol supply deal with Chinese company

Maersk said this new deal will help it stay aligned with the 1.5°C global warming goals as well as its net zero target by 2040, helping secure low-carbon methanol supply for its upcoming dual-fuel fleet

Sustainability Maersk Group
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