-
18 2024-09 HMM announces $17.4 billion investment plan focusing on sustainability Hyundai Merchant Marine (HMM) has developed a mid-to-long-term plan to extend its business portfolio for future growth.According to its sustainable growth strategy, HMM will invest a total of KRW 23.5 trillion ($17.4 billion) by 2030, with KRW 14.4 trillion ($10.7 billion), or more than 60 per ce...
More
-
09 2024-09 Maersk launches triple refrigerant reefer cooling machine Maersk Container Industry (MCI) has introduced a new reefer technology, Star Cool 1.1, as part of its efforts to support more sustainable global cold chains.This new technology reportedly incorporates features designed to reduce environmental impact while meeting modern needs.The Star Cool 1.1 in...
More
-
04 2024-09 OCEAN Alliance shows inconsistency in carbon emissions calculations Sea-Intelligence has analysed the online carbon emissions calculators provided by members of the OCEAN Alliance.The company stated that it especially considered shipping 1 TEU via Shanghai-Rotterdam.CMA CGM includes results for three of the five OCEAN Alliance services, with the remaining two ser...
More
-
29 2024-08 APMT Mumbai pilots shore power supply at Jawaharlal Nehru Port APM Terminals (APMT) Mumbai has signed a Memorandum of Understanding (MoU) to begin piloting shore power supply in partnership with the Jawaharlal Nehru Port Authority (JNPA).The initiative intends to minimise carbon emissions from vessels while they are in port.Initially, the shore power station...
More
-
29 2024-08 NYK completes first commercial ammonia-fuelled vessel Nippon Yusen Kabushiki Kaisha (NYK) and IHI Power Systems Co., Ltd. (IHI Power Systems) have completed the ammonia-powered tugboat Sakigake in collaboration with Nippon Kaiji Kyokai (ClassNK).This is reportedly the world’s first commercially viable ammonia-fuelled vessel. Shin-Nippon Kaiyosha, a...
More
-
23 2024-08 NYK inks green ammonia agreement for marine transport in Asia Nippon Yusen Kabushiki Kaisha (NYK) has signed an agreement on the marine shipment of green ammonia to Japan.NYK revealed that they are doing this in collaboration with Kyushu Electric Power Company, Incorporated (Kyushu Electric), Sojitz Corporation (Sojitz), and Sembcorp Green Hydrogen Pte. Ltd...
More
-
21 2024-08 TecPlata becomes first carbon-neutral port in Argentina TecPlata S.A. (TecPlata), the Argentinian affiliate of International Container Terminal Services, Inc. (ICTSI), has become the first port in the country to achieve carbon-neutral status.TecPlata’s accreditation is consistent with its overall sustainability objectives, which include waste managem...
More
-
19 2024-08 ICS proposes GHG pricing mechanism to aid net zero goals The International Chamber of Shipping (ICS) has presented a new proposal to ensure delivery of the target to achieve net zero GHG emissions from international shipping by or around 2050.At the heart of the proposal is a GHG Fee, charged to ships per tonne of CO2 equivalent (CO2e) emitted, combine...
More
-
19 2024-08 MPA, GCNS ink carbon accounting partnership The Maritime and Port Authority of Singapore (MPA) and the UN Global Compact Network Singapore (GCNS) have signed a Memorandum of Understanding (MoU) to enhance the maritime industry’s capacity for carbon accounting and management.The MoU builds on MPA and GCNS’s long-standing partnership to im...
More
-
09 2024-08 COSCO SHIPPING, Fortescue collaborate on green development COSCO SHIPPING and Fortescue, a global green technology, energy and metal company, have inked a Memorandum of Cooperation (MoC) in Shanghai.Under this MoC, both parties will leverage their respective technological and resource strengths to collectively develop a sustainable green fuel supply cha...
More
