Tag: sustainability

On January 26, NYK Line concluded its first transition loan based on the NYK Green/Transition Finance Framework, in agreement with MUFG Bank and others. 

The Sustainable Shipping Initiative (SSI) has launched its State of Sustainable Shipping (SoSS) programme, which builds on the Roadmap to a Sustainable Shipping Industry. 

Mitsui O.S.K. Lines (MOL) has unveiled a sustainable finance framework aligned with its principles, drawing inspiration from the "Climate Transition Finance Handbook 2023" by the International Capital Markets Association (ICMA).

The 54th Annual Meeting of the World Economic Forum (WEF) took place from January 15 to January 19, 2024, bringing together nearly 3,000 participants, including policy-makers, business executives, international organizations, civil society leaders, academics, and innovators from around the world.

As a meeting of the International Maritime Organization’s Sub-Committee on Ship Design and Construction (SDC 10) opens today in London, the Clean Arctic Alliance is calling on the maritime sector to reduce the impact of underwater noise from shipping on Arctic wildlife.

EMSA has issued its outlook for 2024, which structured around seven thematic categories, this publication places a strong emphasis on Sustainability, Safety & Security, Surveillance, and Simplification, reinforcing the Agency’s commitment to addressing the associated fundamental maritime challenges.

During the 2023 SAFETY4SEA Singapore Forum, ShuYong Koh, Global Sustainability Director, ABS, presented decarbonization and sustainability insights in the maritime industry, saying that the green transition in shipping is increasing with various challenges based on the current regulations towards envisioning roadmap to achieve 2030 to 2050 sustainability goals.

AD Ports Group, CMA CGM Group, and Ecocean have entered a scientific cooperation agreement for the installation of 48 Biohuts in Khalifa Port, in order to preserve biodiversity. 

Frontline has signed an agreement to sell its five oldest Very Large Crude Carriers (VLCCs), built in 2009 and 2010, for a total net sale price of $290 million to replace them with more efficient ships. 

Maritime & Port Authority Of Singapore (MPA Singapore) shows cautious optimism for 2024 amidst new highs in vessel arrival tonnage, container throughput, bunker sales and tonnage registration in 2023.