Black carbon emissions from ships operating in Arctic waters continued to increase as vessel traffic expanded and northern routes gained attention, raising questions over whether current regulatory timelines are keeping pace with environmental change.
Samsung Heavy Industries and QSTS signed an agreement in Doha to start with retrofits and after-market services while reviewing decarbonization, energy-saving systems and onboard carbon-capture options.
Maersk has successfully tested ethanol-methanol blends for its dual-fuel vessels, marking a key step in decarbonization. Further trials with higher ethanol levels are planned.
Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.
Amogy and Samsung Heavy Industries have signed a multi-year contract under which SHI will establish a dedicated facility in South Korea to manufacture and test Amogy’s ammonia-to-power systems, beginning with units for a 2026 pilot project in Pohang.
The Science Based Targets initiative (SBTi) has validated ESL Shipping’s science-based net-zero targets, aligning the company with the 1.5°C Paris Agreement pathway.
The International Maritime Organization has postponed agreement on its Net-Zero Framework, delaying crucial climate regulations for the global shipping sector until 2026.
Lloyd’s Register has published the maritime industry’s first structured framework for integrating nuclear technology into commercial shipping and offshore operations.
Global shipping faces escalating financial exposure as carbon pricing and regulatory frameworks tighten worldwide, potentially reaching $50 billion in annual costs.
