Marine

In a significant step toward decarbonizing the maritime sector, Norway’s Rem Offshore has partnered with Norwegian Electric Systems (NES) to retrofit one of its construction support vessels (CSV), the Rem Inspector, with a cutting-edge battery energy storage system (ESS). This development showcases the rising trend of integrating clean technologies into […]

The EU Emissions Trading System (ETS) has officially come into effect as of January 1st, marking a new chapter for the maritime industry’s efforts to reduce carbon emissions. However, not all shipowners are finding this transition smooth. The new regulations, while crucial for environmental progress, are accompanied by a wave

In a major leap toward greener shipping, HD Hyundai Marine Solution, alongside its sister companies HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Hyundai Heavy Industries Power Systems, has received Approval in Principle (AIP) from DNV for its innovative onboard carbon capture and storage

The maritime industry is set for a significant transformation as the FuelEU Maritime regulations—part of the EU’s Fit for 55 initiative—come into effect on January 1, 2025. These regulations target greenhouse gas (GHG) emissions from commercial vessels over 5,000 GT, operating within the EU and European Economic Area (EEA), and

Lloyd’s Register (LR) and Shandong Marine Group (SDMG) have recently signed a Memorandum of Understanding (MoU) aimed at accelerating the shipping industry’s energy transition. This partnership underscores the growing collaboration between marine stakeholders and focuses on adopting sustainable practices and innovative technologies to decarbonize global shipping. As China’s largest bulk

As the maritime sector braces for the FuelEU Maritime regulations set to take effect on January 1, 2025, shipowners and operators must act now to navigate the impending challenges. With projected penalties of €1.35 billion by 2025, the stakes are high for companies to adjust fuel strategies and embrace low-carbon

The maritime industry is experiencing rapid shifts towards stricter sustainability regulations, and StormGeo, a global leader in weather intelligence and voyage optimization, is at the forefront of helping shipping companies adapt. Recently, StormGeo launched its latest offering—StormGeo FuelEU Maritime, a cutting-edge solution aimed at simplifying compliance with the upcoming FuelEU

In an exciting move for the transportation sector, major vehicle manufacturers including Toyota Motor Europe and Ford of Europe have partnered with United European Car Carriers (UECC) to drastically cut emissions within their logistics chain. This collaboration is a significant milestone in the push for cleaner shipping, as the companies

The European Parliament has recently adopted the FuelEU Maritime report, marking a significant step forward in reducing greenhouse gas (GHG) emissions from the maritime sector. In a show of leadership, Parliament has increased emissions reduction targets beyond those initially set by the European Commission, ensuring that the EU continues to

The Port of San Diego has once again demonstrated its unwavering commitment to environmental sustainability by achieving recertification through the Green Marine program, North America’s largest voluntary environmental certification for the maritime industry. Since joining the program in 2018, the Port has made significant strides each year, consistently earning certification

The European Commission has taken another significant step toward decarbonizing the maritime industry with the launch of the Ship Financing Portal. This innovative platform, developed by the Directorate-General for Mobility and Transport, aims to simplify access to essential financial resources for businesses and organizations across the shipping sector. By centralizing

Since January 1, 2024, shipping companies have been under the expanded European Emissions Trading Scheme (EU ETS), marking a significant step in the European Union’s efforts to reduce emissions across industries. For the maritime sector, the compliance journey has begun, with companies now tasked to monitor their emissions, manage trading

Hapag-Lloyd and Gasum have joined forces to accelerate the green transition in shipping with a pioneering bio-LNG supply contract. Starting in 2025, Gasum will provide Hapag-Lloyd with 20,000 metric tons of bio-LNG to fuel its containerships on the busy Singapore-Rotterdam route. This agreement represents a significant milestone for both companies

The maritime industry is taking another step toward sustainability with the introduction of the FuelEU Maritime Regulation. As part of the European Union’s ambitious “Fit for 55” initiative, this regulation aims to significantly reduce greenhouse gas (GHG) emissions and accelerate the adoption of renewable fuels in shipping. With climate neutrality

The maritime industry is on the brink of a significant regulatory shift with the upcoming implementation of FuelEU Maritime in January 2025. While this new regulation presents a complex challenge, it also offers substantial business opportunities for shipping companies that are proactive and strategic in their approach. OceanScore’s recent insights