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IMO, MPA Singapore introduce NextGen initiative

The International Maritime Organization (IMO) and the Maritime and Port Authority Singapore (MPA) jointly introduced “NextGEN”, a concept for a collaborative global ecosystem of maritime decarbonization initiatives. 

Carnival sets new goal of 40% CO2 reduction by 2030

In 2019, Carnival Corporation made further progress on its 2020 carbon reduction goal and committed to a new goal of 40% reduction in the intensity of CO2 emissions by 2030, in line with IMO requirements and the Paris Agreement, the company said in its newly launched sustainability report. 

Maersk Drilling invests in carbon-negative energy

Maersk Drilling has entered an agreement to invest USD 1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy, aiming to pave the way for carbon-neutral drilling.

More decarbonization initiatives to boost sustainable efforts

It is important that the shipping industry implements short-term efficiency gains to reduce carbon emissions while also embrace more radical long-term sustainability challenges to overcome the regulatory framework, Captain Rajesh Unni, CEO, and Founder of Synergy Group stated.

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