Madrid-based startup Green Bunkers has secured €5 million from Baghdadi Capital to enhance its maritime decarbonization platform. Founded in 2025, the company aims to transform the €100 billion bunkering industry by promoting cleaner fuels, improving transparency, and implementing innovative solutions like green corridors and carbon capture technologies.
Asahi Tanker, a pioneer in maritime electrification, has joined the Maritime Battery Forum to advance its mission of fostering a decarbonized society. With two operational all-electric tankers in Tokyo Bay, the company aims to eliminate greenhouse gas emissions and improve seafarers’ working conditions, marking a significant step in sustainable shipping.
ClassNK has launched the ‘ClassNK Fleet Cost Simulation’ service to support the maritime industry’s transition to decarbonized fuels. This service evaluates the financial impacts of GHG emission regulations, featuring the ‘ClassNK Fleet Cost Calculator’ and a comprehensive ‘Cost Estimation Report’ to aid clients in navigating the evolving regulatory landscape.
Norway is championing maritime decarbonization through innovative technologies, fostering job creation. The Enova program recently allocated $76 million for projects focused on hydrogen and ammonia as marine fuels. Minister Andreas Bjelland Eriksen emphasized the need for Norway to lead in maritime transition, supporting various sustainable shipping initiatives.
Members of the Association of South East Asian Nations (ASEAN) are actively pursuing maritime decarbonization, as highlighted in a recent workshop in Bangkok. Focused on greenhouse gas emissions data and national action plans, the event aimed to equip countries with essential tools for emissions tracking and sustainable maritime connectivity, fostering regional cooperation.
The first successful ship-to-ship transfer of ammonia in Western Australia marks a milestone in maritime decarbonization. Led by the Global Centre for Maritime Decarbonization, the pilot at Port Dampier demonstrated safe ammonia transfers in offshore conditions, paving the way for future ammonia bunkering operations globally.
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.
In October, the International Maritime Organization will implement a framework to reduce greenhouse gas emissions from ships over 5,000 GT, targeting net-zero by 2050. Ethanol, produced from renewable sources, emerges as a potential alternative fuel. However, challenges like energy density, corrosiveness, and safety concerns must be addressed for effective adoption.
AceOn Group and a UK consortium have successfully completed a real-world trial of a hybrid hydrogen and battery propulsion system on Newcastle University’s research vessel, the Princess Royal. This significant milestone in zero-emission technology, supported by £4.6 million in funding, showcases a practical retrofit solution for sustainable shipping.
CMA CGM marks a major milestone in maritime decarbonization with the launch of its first dual-fuel-methanol vessel, the CMA CGM Iron, in Singapore. This move is part of a larger plan to achieve Net-Zero carbon emissions by 2050. The new generation of container ships aims to reduce greenhouse gas emissions in the shipping industry.
The maritime industry’s focus on decarbonization is leading to an unexpected benefit: the reduction of underwater radiated noise (URN). Efforts to cut emissions and improve fuel efficiency are contributing to a healthier acoustic environment in the oceans. Ship owners investing in green technologies can easily extend their environmental initiatives to address URN.
DNV, a leading classification society, has updated its rules to support decarbonization technologies. The new in-operation class notations clarify class customers’ responsibilities for design and operational requirements. Geir Dugstad, DNV Maritime’s Global Technical Director, emphasized the industry’s challenges and opportunities, including new fuels and advanced technologies. The updated rules promote innovation, safety, and introduce notations for hydrogen fuel and carbon capture.
Houlder has made progress in the SPINE maritime project with the design of a 10,000 cbm methanol bunkering vessel. This initiative aims to connect ships, control centers, port systems, and energy infrastructure for decarbonization and autonomy in the maritime industry. The vessel design includes semi-automated systems for methanol supply, optimized layout for efficiency, and digital twin technology for operational analysis and emissions reduction.
