Mitsui OSK Lines (MOL) has completed a carbon insetting trial with 123Carbon that aims to allow customers to reduce their Scope 3 emissions.

Netherlands-based stainless steel chemicals tanker owner, Chemship, has commissioned the upgraded 2015-built Chemical Challenger, the first ship in its fleet to have a wind sail retrofit.

The beginning of January this year heralded the start of the EU Emissions Trading Scheme (ETS) and to comply companies face a series of deadlines between now and 2025.

Ships are increasingly transitioning to fuels such as methanol, ammonia, or liquefied natural gas. At the same time, requirements are continuously tightened for the maritime industry to reduce and, not least, document the emissions of harmful...

Despite criticism of the outcome of last week’s IMO meetings on reducing carbon emissions from shipping leading tanker owners Odfjell and BW Group believe that working with the UN body globally is the right way forward for the industry.

The decarbonisation of shipping and meeting the targets of IMO 2050 are a huge task and marrying commercial business objectives and regulations will be key to the process.

The London-based Greek Shipping Cooperation Committee (GSCC) has charged the world’s shipowners are not getting the back-up support required on new environmental regulations.