Environment & sustainability

Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris get behind initiative for a global Maritime Emissions Reduction Centre.

NYK has announced that for a fourth consecutive year, CDP, an international environmental non-profit organisation, has recognised NYK as an A List company for climate change.

Anemoi has been awarded a grant from the Clean Maritime Demonstration Competition to test and develop its 3.5 m Rotor Sail design.

Cemex and partners have received a grant of £1.7 million from the UK government funding for next development stage of more sustainable maritime technologies.

Ta-Ho has invested in digitalisation to reduce emissions and improve fleet management following a successful pilot programme.

Seanergy maritime achieves key partnership with EU Funding and major industry stakeholders under SAFeCRAFT to revolutionise maritime propulsion for existing vessels.

ESL Shipping has joined the Science Based Targets initiative and committed to setting both near-term and long-term company-wide science-based emission reduction targets.

NYK joined the Taskforce on Nature-related Financial Disclosures (TNFD) Forum in December 2023 and became a TNFD Early Adopter on 9 January 2024.

Sea, the intelligent marketplace for fixing freight, has launched a Carbon Exposure solution that enables customers to effectively measure and integrate their carbon exposure calculations with emissions targets.

DNV's Alternative Fuels Insights (AFI) has found that there has been an increase in the uptake of alternative-fuelled vessels within the maritime sector, with methanol rising in popularity.

China Shipbuilding’s and Lemissoler Navigation’s first methanol-Fuelled ultramax bulk carrier has received ABS approval.

ESL Shipping has improved its rating in EcoVadis sustainability assessment from Silver to Gold, placing the company in the top 5% of companies in the industry assessed by Ecovadis.

NYK Line has started to conduct full-scale trials for the long-term use of biofuels for its existing line of heavy dry bulk vessels in order to meet net-zero emission targets.

'K' LINE has decided to implement JGreeX, the green-steel product manufactured by JFE Steel Corp., for an ultramax bulker set to be built by Imabari Shipbuilding Co., Ltd.

Simpson Spence Young has launched a carbon calculator to help clients navigate the transition into the European Union Emissions Trading Scheme (EU ETS).