A global bunker trader has set out a bleak picture of the long-term implications of the worldwide decarbonisation effort to date.

Research undertaken by ClassNK, Japanese trading house Marubeni, and NAPA, a software specialist in data analysis, has revealed that voyage optimisation has the potential to cut fuel consumption and emissions by up to 7.3%.

Wärtsilä announced it will streamline offerings at its digital technology-focussed segment Wärtsilä Voyage and cut up to 300 jobs.

South Korea’s HMM is the latest container line to jump on the methanol-fuelled bandwagon with an order for nine newbuildings.

China’s largest shipping line, Cosco Shipping Group, and its unit, Cosoc Shipping Development, have jointly initiated the setting up of the China Electric Vessel Innovation Alliance.

Greek shipowners are calling for amendments to IMO’s Carbon Intensity Indicator (CII) led by the Union of Greek Shipowners (UGS) and Philippos Philis, President of ECSA.

ICTSI’s Contecon Manzanillo operator of the Specialised Container Terminal of the North Zone of the Port of Manzanillo (TEC-II) is the first in the Mexican port industry to be certified carbon neutral.

Full electrification of the US Port of New York and New Jersey in the US could generate annual public health benefits of over $150m, according to a study.

Classification society Bureau Veritas (BV) has issued the world’s first AiP certificate of marine liquid hydrogen fuel tank to China’s Zhangjiagang Furui CIT.

The Liberian Registry has awarded an Approval in Principle (AIP) to Anemoi Marine Technologies for their Rotor Sail systems.