Environment

This page features all the latest news on how shipping impacts on the environment, focusing on developments in the effort to reduce emissions from the shipping sector and oil pollution.

Environment

Tsantanis

October 27, 2021

Seanergy announced that it has received a commitment letter from a leading European bank for a sustainability-linked loan facility to finance part of the acquisition...
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IMO HQ London

October 18, 2021

IMO-UNEP-Norway Zero-and Low-Emission Innovation Forum highlighted challenges and opportunities (more…)
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Chevron logo

October 12, 2021

Chevron Corporation (NYSE: CVX) issued an updated climate change resilience report that further details the company’s ambition to advance our lower carbon future. (more…)
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MSC

October 11, 2021

MSC Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (MoU) with the China Waterborne Transport Research Institute to jointly promote decarbonisation and sustainable...
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oil_spill_REUTERS

October 4, 2021

A large oil spill off the southern California coast left fish dead, birds mired in petroleum and wetlands contaminated, prompting local officials to call it...
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NYK

October 1, 2021

NYK has set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing businesses. (more…)
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scrubbers

September 30, 2021

Contrary to initial expectations and despite the thrust on cleaner marine fuels due to the International Maritime Organization’s global low sulfur mandate, the high sulfur...
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K_Line

September 28, 2021

K Line has signed a transition-linked loan (TLL) with syndicated lenders, arranged by Mizuho Bank Ltd. (MHBK). (more…)
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Maersk _star

September 24, 2021

A minority investment in Prometheus Fuels will support A.P. Moller – Maersk’s work to execute on the strategy to decarbonise marine operations. (more…)
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emissions

September 22, 2021

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully decarbonised...
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petrobras

September 21, 2021

Brazilian state-controlled Petrobras is the latest national oil company to commit to becoming carbon neutral, in line with the 12-member global oil and gas climate...
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soybeans

September 21, 2021

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida’s Aug....
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DSME

September 16, 2021

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed a technology to store carbon dioxide captured in ship engine emissions. (more…)
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ABS

September 15, 2021

In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range of...
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Soren Skou

September 14, 2021

AP Møller-Maersk CEO Soren Skou wants the maritime industry to accelerate its shift to climate-friendly fuels by emulating the EU, which has announced a ban...
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