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Maersk exploring option for using hydrogen as fuel, in talks for green methanol supply

A.P. Moller-Maersk, the world’s largest shipping company, is looking into the potential use of hydrogen as fuel for some vessels and is also in...

Hyundai Heavy to set up guidance for offshore green hydrogen plant

Global shipbuilding conglomerate Hyundai Heavy Industries Group said Wednesday it will establish the world's first technical guidance for offshore green hydrogen plants. To that...

COP26: More than 20 nations vow to develop zero-emission shipping routes

A group of 22 countries pledged to create emission-free shipping corridors in the coming years as an initial step to decarbonizing maritime transportation, one...

CMA CGM, ENGIE in strategic & industrial partnership to decarbonize shipping

The CMA CGM Group, a world leader in shipping and logistics, and ENGIE, global player in the field of renewables and energy solutions, have...

MOL to trial a hydrogen-fuelled engine

Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk, Ltd., and Japan Engine Corporation (J-ENG) announced the signing of a basic agreement to cooperate in a...

Port of Newcastle looks to develop green hydrogen hub

Australia’s deepwater global gateway, Port of Newcastle, is partnering with Macquarie Group’s Green Investment Group and the Commonwealth Government’s Australian Renewable Energy Agency (ARENA)...

MOL to Start Development of Large-size Ammonia Carrier Powered by Ammonia Fuel

MOL announced an agreement on the joint development of a large-size ammonia carrier—also powered by ammonia fuel—with Namura Shipbuilding and Mitsubishi Shipbuilding. Currently, ammonia is...

Tsakos linked to major solar investment

According the Greek media reports, the Tsakos family is making an impressive opening in the field of Renewable Energy Sources (RES) in Greece, as...

Maersk Tankers CEO says shippers will pay carbon taxes

The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are willing to...

Matson targets net-zero emissions by 2050

Matson Inc. announced additional environmental sustainability goals. Specifically, the company aims to reduce fleet-related greenhouse gas emissions by 40% by 2030 and reach net-zero fleet...

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CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Travlou: The postponement of the Net Zero Framework an opportunity for sustainable, green transition

The decision to postpone the vote for one year on the proposed roadmap for...

Seaspan strengthens fleet efficiency through comprehensive vessel retrofits and upgrades

Seaspan provides an update on its SAVER (Seaspan Action on Vessel Energy Reduction) program launched in...

Baltic Index steady on minimal gain across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

INTERTANKO to continue its focus on practical pathways in the absence of an agreement...

After an intense week ending in a vote, the International Maritime Organization’s Net Zero...

ABS to acquire MetaSHIP assets to expand immersive maritime training

American Bureau of Shipping has agreed to acquire the MetaSHIP intellectual property and vessel...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.

Wallenius Wilhelmsen suspends 2025 Outlook on US port fees impact

On October 10, 2025, a proposed modification of Annex III in the USTR section 301 on port fee regulations was released. In the proposal,...

First “Special Port Fee” reportedly charged in China – report

According to information circulating within industry channels, the U.S.-flagged container ship MV MANUKAI, operated by Matson, has reportedly become the first vessel to be...