Wärtsilä has signed a letter of intent with Viridis Bulk Carriers, for the world’s first ammonia-based four-stroke multi-fuel engines developed on the basis of the Wärtsilä 25 engine platform.

In what will be the first of a series of announcements Evergreen has declared the charges it will levy to cover the EU Emissions Trading Scheme (EU ETS) which goes live in less than seven weeks’ time.

Classification society DNV sees carbon capture and storage (CCS) as critical for meeting emissions targets, while Danish Ship Finance (DSF) argues the need for regulation to encourage shippers to pay for green fuels.

Adaptability is the key to meeting the challenges currently facing shipping was a clear message delivered to the Greener Shipping Summit held in Athens last week.

The development of dual-fuel engines for ammonia and methanol is accelerating and will be the norm for ships combined with energy saving devices and technology.

CMA CGM reported a 94% drop net profit in the third quarter of 2023 as the shipping and logistics industry returned to pre-pandemic conditions.

Damen Green Solutions and Bawat have announced a new joint venture to develop and market “the world’s greenest” mobile ballast water management system (BWMS).

A steel-cutting ceremony has taken place at RMK Marine’s Tuzla shipyard in Turkey for the Neoliner Armateur, the world’s first sailing ro-ro.

Maritime investment advisor ProMarine A has launched the first sustainable shipping fund called the Low Emission Methanol Shipping Company or LEMSCO, but questions remain about how sustainable this fund really is.