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Poseidon Principles third Annual Disclosure Report shows long road ahead to meet IMO targets

  More than two dozen international banks have reported emissions data of their ship finance portfolios in the third Poseidon Principles Annual Disclosure Report 2022, published today. The report visualizes the hard road ahead to reduce emissions. The data remains influenced by COVID-19. This year’s report includes a more granular disclosure of emissions data which […]

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Construction of Conoship “future-proof” vessel has begun

  The ceremonial start of the construction of Gelibolu Shipyards building number NB60 took place on November 24, 2022, at the Gelibolu Shipyard in Turkey. Construction of the first of a series dubbed  “future-proof,”  environmentally friendly general cargo vessels developed by Dutch design and engineering company Conoship International Projects (CIP) started at Gelibolu Shipyard in

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Port of Vancouver and stakeholders testing low-emission technologies

  The Vancouver Fraser Port Authority, together with partners from across the port community, are testing various low- and zero-emission fuels and technologies at the Port of Vancouver, as part of the port authority’s efforts to phase out all port-related emissions by 2050 in support of the Government of Canada’s goal to achieve net-zero emissions

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Oppsense Inc. partners with Navtek Naval Technologies to offer world’s first electric-powered tugboat in Canada

  Oppsense Inc.., a Toronto-based company offering services for international companies to expand their business to Canada, today announced a new partnership agreement with Turkey’s NAVTEK Naval Technologies for the Canadian Market.  NAVTEK Naval Technologies, Deputy General Manager Zahit Ogurlu said: “Today’s announcement marks a new era of cooperation in which we will offer ZEETUG, the

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FuelEU Maritime can do more to accelerate early action for shipping decarbonisation

  In an open letter to decision-makers in Brussels, the World Shipping Council (WSC) together with Danish Shipping and the Methanol Institute urge decision-makers to reach an agreement on the FuelEU Maritime which will help reduce shipping GHG emissions. The liner sector, including container and vehicle carriers, are leading decarbonisation investment in new fleets that

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Report urges ‘unprecedented’ collective action on maritime decarbonization

  The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, states the Maritime Decarbonization Strategy, a new report published today by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The report urges companies, governments, and individuals across the globe

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Maritime industry-unions renew pact on working relationship

  Unions representing seafarers and maritime employer groups have entered into a new memorandum of understanding (MOU) to continue their working relationship throughout the pandemic to combat issues such as the crew change crisis.The MOU will take forward the “spirit of cooperation” between the International Transport Workers’ Federation (ITF), the International Chamber of Shipping (ICS),

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