The technology group Wärtsilä, in cooperation with Silverstream Technologies, will install Silverstream’s proprietary Air Lubrication System, the Silverstream® System, on a trial basis on a large container vessel owned by A.P. Moller - Maersk, the world’s largest container vessel operator.

Swiss-Italian dry bulk ship operator Nova Marine Carriers undertook its first carbon neutral voyage last week, offsetting the CO2 emitted by its vessel MV Sider Rodi by voluntarily purchasing carbon credits for a Madagascan solar farm project.

The International Union of Marine Insurance (IUMI) fully endorses the Call to Action for Shipping Decarbonization that was announced last month by the Getting to Zero Coalition.

More than 120 countries and regions have pledged to achieve carbon neutrality by 2050, and governments have made their GHG reduction targets more ambitious.

IMO has signed three partnership agreements with the Kingdom of Saudi Arabia to support the preparation of a new global project that targets ship-based emissions.

ABB has joined more than 155 companies urging governments to help shipping decarbonize by 2050.