Tag: Sustainable
Industry-first Sustainable Marine Fuel Confidence Index identifies ‘here and now’ gaps and challenges in evolution of new shipping fuels
The Sustainable Marine Fuel Confidence Index (SMF Confidence Index), launched today (18 January), captures a ‘moment in time’ view of how confident shipping and marine fuel industry stakeholders are that the key components required for maritime’s energy transition, such as technology and infrastructure, are already in place. There’s no shortage of reports, analysis and opinion…
Wan Hai Provides Limited-time Carbon Offset Route Service For Customer’s Sustainable Engagement
Wan Hai Lines actively fulfills its corporate sustainability commitments by subscribing to the first batch of products from the Taiwan Carbon Exchange, obtaining 2,000 tons of carbon credits certified by the international accreditation unit Gold Standard. In addition to supporting water and economic development projects in developing countries through carbon credits, Wan Hai offers carbon…
ENGINE X achieves ISCC certification to trade sustainable biofuels
Global bunker trading firm ENGINE X has been certified by the renowned International Sustainability and Carbon Certification (ISCC) system to trade sustainable biofuels. The maritime industry is in the early days of a major decarbonisation effort, and when shipowners burn lower-carbon fuels they need to prove to regulators that these do indeed have lower emissions…
ABS Approves New Design from Lateral Naval Architects for a Sustainable 70-Meter Superyacht
(PORT HERCULE, Monaco) Lateral Naval Architects received approval in principle (AIP) from ABS for its new design of a methanol-fueled, 70-meter superyacht. Lateral’s design focuses on reducing carbon emissions by utilizing alternative fuels, specifically green methanol. ABS utilized the ABS Requirements for Methanol and Ethanol Fueled Vessels to review the…
Wärtsilä enables acceleration of marine’s transition to sustainable fuels with introduction of four methanol engines
Technology group Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest methanol engine portfolio currently on the market. In addition to the Wärtsilä 32 methanol engine launched last year, Wärtsilä will add the Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS to its portfolio of…
Blue Mediterranean Partnership steps up support for sustainable blue economy
Blue Mediterranean Partnership to support transition to a sustainable blue economy in the Mediterranean region; Partnership to start operating in early 2024; Partners aim to mobilise at least €1 billion in investments. At COP28 (www.COP28.com), partners and donors involved in the Blue Mediterranean Partnership reinforced their support for developing the sustainable blue economy in the…
Targray Joins Green Marine to Advance the Adoption of Sustainable Marine Fuels
Targray, a global leader in the supply of renewable fuels, feedstock, and supply chain solutions, is proud to announce its new partner membership within Green Marine, a renowned voluntary environmental certification program for the North American and European maritime industries. This strategic engagement solidifies Targray’s commitment to decarbonizing maritime shipping, a sector which consumes more…
ProMarine AG: Launch of industry-first methanol powered sustainable shipping fund
ProMarine AG, the Investment Advisor leading the financing of the maritime energy transition, is pleased to announce the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman, one of the world’s largest methanol producers, and Stena Bulk AB, an internationally recognised and leading European shipping…
Port of Rotterdam supports ZEMBA initiative with additional incentive for sustainable shipping fuels
Port of Rotterdam will offer a substantial port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the recently announced Zero Emissions Maritime Buyers Alliance (ZEMBA) and recognizing front runners in the road to maritime decarbonization. ship bunkers methanol Boudewijn Siemons, COO and CEO a.i. of the Port of Rotterdam: “It is vital…