Insights

Pacific International Lines (PIL) is making significant strides towards sustainable maritime operations with its latest order of five new container vessels. These neo-Panamax-sized ships, each with a capacity of 13,000 TEU, will feature dual-fuel engines capable of running on both liquefied natural gas (LNG) and low-sulfur fuel oil. The vessels, […]

Mitsui O.S.K. Lines, Ltd. (MOL) is leading an innovative approach to sustainable fuel by exploring the use of biomethane derived from cow manure. In partnership with Hamanaka Town, JA Hamanaka, Takanashi Milk Products Co., Ltd., Hokkaido Gas Co., Ltd., and MOL Sunflower Ltd., the company has initiated a study to

The maritime industry is increasingly turning to innovative technologies to reduce emissions and enhance sustainability. Among these advancements, wind-assisted propulsion is gaining momentum as a practical solution. Leading the charge is bound4blue, a company pioneering cutting-edge sail technology to harness wind power and lower fuel consumption in shipping. This approach

The shipping industry is facing one of its most significant regulatory shifts with the introduction of the FuelEU Maritime regulations. As the EU seeks to decarbonize shipping in line with its broader climate goals, these regulations present shipowners with a challenging balancing act: comply with stricter sustainability requirements while managing

The International Chamber of Shipping (ICS) has put forward a proposal that could significantly reshape the maritime industry’s approach to decarbonization. The ICS suggests implementing a global greenhouse gas (GHG) levy aimed at accelerating the industry’s efforts to meet the International Maritime Organization’s (IMO) 2050 emission targets. While this proposed