Tag: green practices

Lately, the ESG topics have surfaced the agenda of several stakeholders in the maritime community with many announcing ESG initiatives and reshaping their strategy via ESG lens.

NatPower Marine and Peel Ports Group announced plans to establish the first “green shipping corridors” between Ireland and the UK.

Biofuels could play an important role in decarbonizing the maritime industry, which is under pressure to gradually reduce greenhouse gas emissions, Takuya Koizumi, general manager of NYK’s Decarbonization Group said.

Multipurpose carrier AAL Shipping has ordered two additional 32,000 dwt Super B-class vessels, bringing its newbuilding order up to eight.

Copenhagen Malmö Port (CMP) and Green2x have entered into a partnership with the focus on the design, establishment, and operation of one of the world’s largest biofuel plants to date at CMP’s terminals in the port of Malmö.

JERA, announced its intention to allocate 5 trillion yen (equivalent to $32.4 billion) in investments over the next decade towards renewable energy sources, alongside emerging fuels like hydrogen and ammonia, in addition to liquefied natural gas (LNG).

Yara Clean Ammonia and Greenko ZeroC signed a term sheet for supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India.

According to European Commission, new rules to protect the environment through criminal law will enter into force on May 20. 

NS United Kaiun Kaisha, Ltd. (NS United) announced that, together with Nippon Shipyard Co., Ltd. (NSY), Imabari Shipbuilding Co., and Japan Marine United Corporation, have executed a Memorandum of Understanding (MOU) for the construction of Cape-size bulk carriers using dual methanol fuel, which are next-generation fuel vessels, jointly studied by NSY and NS United.

Singapore Polytechnic and Vopak announced that they have signed a Memorandum of Understanding to collaborate on equipping the faculty members of the Singapore Maritime Academy with the knowledge and skills in the safe handling of new marine fuels.