Japan’s Planning and Design Centre for Greener Ships (GSC), in cooperation with shipbuilders, has developed an ammonia-ready, LNG-fueled panamax bulk carrier.

Singapore-flagged vessels with engines capable of using LNG and other low carbon fuels will enjoy a 50% reduction in annual tonnage tax.

Air lubrication company, Silverstream Technologies, and Malaysia Marine and Heavy Engineering (MMHE), have signed a strategic agreement to promote the carbon-saving technology in retrofit business.

Wärtsilä announced it will write-off around €200m related to its assets and business operations in Russia.

Bimco has updated its greenhouse gas (GHG) position statement to support net zero carbon for shipping by 2050.

Japanese consortium e5 Lab Inc has chosen an ABB power system for its world-first hybrid electric biomass fuel carriers.

Japan’s ClassNK, and the classification society’s maritime software subsidiary, NAPA, are to work on voyage optimisation of ships in the Marubeni fleet to evaluate the scope for fuel savings and efficiency gain.

Singapore’s Pacific International Lines (PIL) is the latest container carrier to trial the use of drop-in biofuels to reduce emissions.

Samsung Heavy Industries and Seaborg have announced a partnership to develop floating Compact Molten Salt Reactor (CMSR) nuclear power plants.

Maersk will join SteelZero, an initiative by Climate Group to accelerate decarbonisation of the global steel industry.