Environment & sustainability

ESL Shipping has joined the Science Based Targets initiative and committed to setting both near-term and long-term company-wide science-based emission reduction targets.

NYK joined the Taskforce on Nature-related Financial Disclosures (TNFD) Forum in December 2023 and became a TNFD Early Adopter on 9 January 2024.

Sea, the intelligent marketplace for fixing freight, has launched a Carbon Exposure solution that enables customers to effectively measure and integrate their carbon exposure calculations with emissions targets.

DNV's Alternative Fuels Insights (AFI) has found that there has been an increase in the uptake of alternative-fuelled vessels within the maritime sector, with methanol rising in popularity.

China Shipbuilding’s and Lemissoler Navigation’s first methanol-Fuelled ultramax bulk carrier has received ABS approval.

ESL Shipping has improved its rating in EcoVadis sustainability assessment from Silver to Gold, placing the company in the top 5% of companies in the industry assessed by Ecovadis.

NYK Line has started to conduct full-scale trials for the long-term use of biofuels for its existing line of heavy dry bulk vessels in order to meet net-zero emission targets.

'K' LINE has decided to implement JGreeX, the green-steel product manufactured by JFE Steel Corp., for an ultramax bulker set to be built by Imabari Shipbuilding Co., Ltd.

Simpson Spence Young has launched a carbon calculator to help clients navigate the transition into the European Union Emissions Trading Scheme (EU ETS).

Lloyd's Register has awarded an Approval in Principle to NACKS for a methanol-fuelled 81 000 DWT bulk carrier.

Seanergy Maritime released its 2022 Environmental, Social and Governance Report outlining its sustainability strategy and commitments.

Swiss marine power company WinGD has finalised a four-way partnership to deliver CMB.TECH ammonia engines.

APM Terminals and DP World have announced the formation of the Zero Emission Port Alliance (ZEPA), an industry-wide coalition with the vision to accelerate port decarbonisation.

CMB.TECH and Boeckmans have agreed to build 4 future-proof hydrogen-powered 5000 DWT general cargo vessels.

Vale, in partnership with Oldendorff Carriers, has commenced its first biofuel voyage with the Hinrich Oldendorff fuelled by residual cooking oil and fuel oil.