India’s Union Minister of Ports, Shipping and Waterways  (MoPSW), Sarbananda Sonowal and Panama’s Minister of Foreign Affairs, Javier Martínez-Acha Vásquez have announced that they are looking to ‘deepen their maritime cooperation’, with logistics, shipping, maritime security, skill development and digital transformation being the ‘key pillars of an expanded strategic partnership’. In a statement issued by the Indian government yesterday (22 July) regarding their bilateral talks, Sonowal said: ‘India and Panama are natural maritime partners. By combining Panama’s strategic logistics strengths with India’s growing maritime capabilities, we can build resilient supply chains, strengthen global connectivity and create new opportunities for trade, investment, innovation […]

The Roundtable on Sustainable Biomaterials (RSB) has informed ship.energy that Norden has become the first maritime operator to achieve its Book & Claim Trader Certification, allowing the dry bulk and tanker operator to register and transfer Book & Claim Units (BCUs) in its RSB Book & Claim Registry. BCUs record the ‘sustainability attributes’ (such as emissions savings) of a sustainable maritime fuel (such as biofuel) physically used on the ship and produce digital units that are traded on the RSB Book & Claim Registry. Every BCU represents one tonne of a fuel certified as sustainable by a recognised certification scheme […]

The H2Global Foundation and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Memorandum of Understanding (MoU) to explore the use of market-based instruments, such as double-sided auctions for hydrogen-based fuels, to accelerate decarbonisation in the shipping sector. The MoU was signed by Markus Exenberger, CEO of the H2Global Foundation, and Pernille Dahlgaard, Chief Impact Officer of the Center, and was described as reflecting the Parties’ shared view on the decarbonisation potential of market-based instruments. Under the MoU, the two organisations intend to support work on topics such as evaluating the feasibility of double-sided auctions for fuels […]