Marine

Forging a Path Toward Sustainable Shipping Towngas and Global Energy Trading have joined forces to revolutionize the shipping industry’s journey to decarbonization. This collaboration, formalized through a memorandum of understanding, focuses on advancing green methanol as a sustainable marine fuel. By integrating production and logistics, the partnership aims to deliver […]

On January 1, 2025, stringent regulations under MARPOL Annex I (oil pollution) and Annex V (garbage pollution) will officially take effect for the Red Sea and Gulf of Aden. This development, driven by the International Maritime Organization (IMO), marks a critical step in global maritime sustainability. These areas will now

The European Union has ushered in a new chapter for maritime sustainability with the introduction of the FuelEU Maritime Regulation. Effective from January 1, 2025, this regulation is a transformative step toward reducing the maritime freight sector’s greenhouse gas (GHG) emissions. By mandating the use of renewable and low-carbon fuels

Navigating Toward a Sustainable Maritime Future The shipping industry, a vital artery of global trade, has long been a focal point in the fight against climate change. Recently, an innovative proposal by a coalition of 47 governments, backed by key shipping stakeholders, has been submitted to the International Maritime Organization

The FuelEU Maritime regulation, part of the EU’s ambitious “Fit for 55” package, aims to significantly reduce greenhouse gas (GHG) emissions in the maritime sector. This initiative not only brings clarity to emission-reduction practices but also introduces key terms essential for compliance and innovation. Here’s a simplified breakdown of the

The maritime sector is navigating a transformative shift with the implementation of the FuelEU Maritime regulation, effective from January 1, 2025. This ambitious legislation is part of the European Union’s “Fit for 55” package, designed to cut greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels

With the imminent enforcement of the EU’s FuelEU Maritime Regulation on January 1, 2025, the shipping industry is poised for a transformative journey toward decarbonization. This regulation, which sets stringent Greenhouse Gas (GHG) intensity reduction targets, is a testament to the EU’s commitment to achieving climate neutrality while fostering innovation

As the shipping industry advances toward stricter environmental regulations, compliance with initiatives like FuelEU Maritime, IMO DCS, EU ETS, and SEEMP is more critical than ever. To succeed, shipping carriers must focus on rigorous data accuracy, credible reporting, and proactive improvement. Second-party reviews play a pivotal role in ensuring these

Did you know the maritime industry contributes over 2% of global CO₂ emissions? With the introduction of the EU’s FuelEU Maritime Regulation, the tide is turning toward greener seas. This transformative regulation not only accelerates the adoption of sustainable practices but also ensures that the shipping industry aligns with global

A Shift in Maritime Sustainability The implementation of FuelEU Maritime marks a pivotal step toward decarbonizing the maritime sector across Europe. However, its delay for Norway and Iceland, two key maritime states within the European Economic Area (EEA), introduces unique dynamics to the framework. These nations, though not EU Member

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,