Low port readiness has been identified in a new study as a major hurdle bottlenecking the adoption of the onboard carbon capture and storage (OCCS) system as a practicable decarbonization solution.
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Finland-based shipping company ESL Shipping has signed a memorandum of understanding (MOU) to sell its two Supramax class vessels in an effort to accelerate the green transition.
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The Carbon Intensity Indicator (CII), integral to global efforts to enhance energy efficiency in shipping and cut emissions, will be on the table for discussion as the International Maritime Organization (IMO) members convene in London at the Marine En…
EU urged to lead the way in global maritime decarbonization efforts Read More »
Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).
The post IEA: Oil in transit reaches record highs due to shipping dis…
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Singapore-based shipping company Ocean Network Express (ONE) has finalized its inaugural European Union Allowances (EUA) transaction with French bank BNP Paribas.
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