Marine

The upcoming FuelEU Maritime regulation, effective January 1, 2025, marks a significant step in the maritime industry’s decarbonization journey. Designed to accelerate the adoption of renewable and low-carbon fuels, this regulation aims to cut greenhouse gas emissions associated with European voyages drastically. However, as regulations like FuelEU Maritime grow increasingly […]

As the maritime sector embarks on a transformative journey toward reducing greenhouse gas (GHG) emissions, the European Union’s updated Monitoring, Reporting, and Verification (MRV) Regulation and the newly introduced FuelEU Maritime Regulation represent critical pillars of the “Fit for 55” package. These measures aim to align the maritime industry with

In a landmark move reflecting the shipping industry’s commitment to sustainability, Nippon Yusen Kabushiki Kaisha (NYK) and Yusen Logistics (YL) have adopted 123Carbon’s innovative platform to monitor and manage greenhouse gas (GHG) emissions. This initiative not only aligns with global decarbonization goals but also demonstrates the potential of digital platforms

The maritime industry is entering a transformative phase with the introduction of FuelEU Maritime regulations, set to take effect on 1 January 2025. This landmark regulation is not just another compliance measure—it is a significant market intervention designed to accelerate shipping’s decarbonisation and redefine the industry’s operational and economic framework.

After four years of meticulous development, the United States has published its first National Maritime Decarbonization Strategy, officially titled The Action Plan for Maritime Energy and Emissions Innovation. This landmark document provides a strategic framework for long-term federal planning aimed at decarbonizing the nation’s maritime sector. Focusing primarily on vessels,

The UK government is exploring an expansion of its Emissions Trading Scheme (ETS) to include international shipping routes, a move that could reshape the maritime sector’s approach to decarbonization. Originally planned to cover domestic shipping only, the latest consultation proposes extending the scope to voyages between the UK and the

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has taken another significant step in its commitment to maritime sustainability by ordering two ammonia dual-fuel bulk carriers. With a deadweight tonnage (dwt) of 210,000 each, the vessels will be built by China’s Qingdao Beihai Shipbuilding and are expected to be delivered between

The maritime industry stands at the forefront of a transformative shift, with the upcoming FuelEU Maritime regulations set to enforce stricter greenhouse gas (GHG) emission intensity requirements for ships operating in the EU/EEA region. As shipowners and operators prepare for these mandates, a recent white paper from DNV highlights actionable

The bunkering industry in the Americas is witnessing a dynamic shift in availability, lead times, and operational challenges due to fluctuating demand and weather conditions. Recent updates reveal diverse trends across key ports in North America, the Caribbean, and Latin America, shedding light on the intricate interplay between supply logistics,

The maritime industry is taking a significant stride forward in regulatory compliance and operational efficiency with the launch of NavFleet 2.1, an advanced ship operations platform by NAVTOR. This software upgrade has been specifically designed to address the challenges of navigating complex FuelEU Maritime regulations, streamlining compliance processes, and delivering

The maritime industry is at a pivotal moment as environmental regulations like the FuelEU Maritime Regulation become increasingly stringent. Cyprus-based Bernhard Schulte Shipmanagement (BSM), a leading third-party ship manager with a fleet of over 670 vessels and 11 global ship management centers, is setting a positive example by proactively embracing

As the maritime industry races toward meeting stringent decarbonization targets, compliance with evolving regulations is a growing challenge for shipowners and fleet operators. In response, Azolla, a leader in maritime decarbonization solutions, has unveiled its upgraded CASPER™ platform, tailored to address the complexities of the upcoming Fuel EU Maritime (FEUM)

As the maritime industry races toward decarbonization, methanol has emerged as a viable alternative to traditional fossil fuels. In a groundbreaking move, the International Organization for Standardization (ISO) has published its first-ever specifications for methanol as a marine fuel. The release of ISO 6583:2024 marks a pivotal moment, establishing global

The maritime industry is on the brink of significant transformation as it prepares to comply with the European Union’s FuelEU Maritime regulation, set to take effect on January 1, 2025. As part of this shift, BIMCO, the world’s largest shipping association, has introduced the FuelEU Maritime Clause for Time Charter

The maritime industry is at the forefront of significant regulatory shifts aimed at combating climate change. Two pivotal regulations, the European Emission Trading System (EU ETS) and the FuelEU Maritime, are evolving in 2025 to further reduce greenhouse gas emissions and accelerate the transition toward sustainability. This blog provides an