The multidisciplinary collaboration, for which a Memorandum of Understanding (MOU) was signed last week, has the ambitious goal to develop a complete hydrogen value chain for Northern Xplorer AS (NX) first zero-emission cruise ship featuring fuel cells and electric propulsion,

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of global volumes. The base point for the indices

The third meeting of the Hellenic Decarbonization Committee (HDC) was held at the end of the year. The committee was set up to give a vital discussion forum to shipowners and other stakeholders on the way forward to meet decarbonization

The CMA CGM Group has launched a call for projects targeted at start-ups and businesses working on concrete solutions to step up the pace of decarbonization within all areas of the French shipping industry. Announced at the Assises de l’Economie

But restrictions on Russian oil exports are tightening further, with the European Union ban on refined products coming into force next week. In our view, oil appears to have reached an inflection point. Brent is already up around 13.5% from

Clean

All vessel sizes have been continually pushed down this week in the Middle East Gulf despite activity levels looking better. TC1 has come down 16.25 points to WS110.63 with a vessel widely reported on subs at WS110 at the time

“We know we cannot do it ourselves,” Annika Ramsköld, Head of Sustainability at Swedish energy company Vattenfall, told the World Economic Forum in an interview conducted late in 2022.

In the midst of what the International Energy Agency (IEA) terms the

A new report from the LR Maritime Decarbonisation Hub and Safetytech Accelerator highlights the role of technology in enabling the shipping industry to develop specific mechanisms to track, verify and assure the true carbon intensity of sustainable marine fuels.

Shipping’s decarbonisation

Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalition (FMC) during the World Economic Forum Annual Meeting which was held from January 16-20, 2023. Ocean shipping companies participating in the sector have committed

Over the Week 04, MABUX global bunker indices continued sustainable upward trend. The 380 HSFO index rose by 9.14 USD: from 481.88 USD/MT last week to 491.02 USD/MT, coming closer again to 500 USD mark. The VLSFO index added 19.98