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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...
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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...
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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...
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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...
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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...
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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...
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