The Global Center for Maritime Decarbonization (GCMD) has partnered with AIM Horizon Investments and Eastern Pacific Shipping to finance two wind-assisted propulsion systems (WAPS) projects. This initiative, supported by the Fund for Energy Efficiency Technologies (FEET), aims to promote sustainable shipping by connecting energy efficiency technologies with a pay-as-you-save financing model.
On February 4, 2026, the Global Centre for Maritime Decarbonisation (GCMD) announced a partnership with CIMAC to enhance the maritime sector’s readiness for alternative fuel adoption. This collaboration aims to address challenges in transitioning to greener fuels, fostering innovation and effective strategies for a sustainable maritime future.
Nippon Yusen Kabushiki Kaisha (NYK) recently completed a pilot project with Singapore’s Global Centre for Maritime Decarbonisation (GCMD) to evaluate biofuels for maritime use. The six-month trial demonstrated that B24 biofuel, consisting of 24% processed cooking oil, showed no adverse effects on engine performance, supporting its potential for sustainable shipping operations.
The Global Center for Seyime Decarbonization launched the world’s first maritime pilot for an integrated carbon dioxide value chain on June 25, 2025. Utilizing 25.44 tons of captured CO2 from the MV Province, the project in Inner Mongolia aims to produce low-carbon calcium carbonate, demonstrating significant potential for sustainable building materials and maritime decarbonization.
The Global Center for Maritime Decarbonization (GCMD) has teamed up with PSA International to drive sustainable practices in port ecosystems. With PSA’s role as a strategic partner, the collaboration prioritizes the integration of alternative fuels and advanced technologies, enabling infrastructure development essential for reducing emissions and enhancing operational efficiency in maritime logistics.
A project led by OGCI, GCMD, and Stena Bulk assessed the feasibility of onboard carbon capture in shipping. REMARCCABLE found retrofitting OCCS on the Stena Impero could reduce CO2 emissions by 20% annually with minimal fuel penalty. Initial costs are high, but further research could make OCCS more viable. Collaboration is key to overcome challenges.
