A pioneering cargo vessel equipped with large, British-designed wing sails powered by wind has embarked on its first journey

A deal has been struck to build zero-emission shipping routes between the UK, US, Norway and the Netherlands

They reaffirmed their commitment to reduce emissions by at least 55% by 2030 and achieve domestic climate neutrality by 2050

A call for evidence has been launched to gather information on the benefits of shore power for the shipping sector

New partnership aims to establish ‘Europe’s first’ large-scale green ammonia project in Norway

That includes investment in energy efficiency and clean energy projects that support the transition towards a low carbon economy

Green investments for the European shipping market is to receive a €300 million (£265.7m) boost. Dutch bank ING and the European Investment Bank (EIB) are each providing €150 million (£132m) for projects with a “green innovation element” covering the construction of new vessels or retrofitting of existing ones. It applies to both inland shipping and […]

A €150 million (£125.4m) agreement to finance green shipping in Europe is being signed today. The European Investment Bank (EIB) and Dutch bank ABN Amro aim to support investments by offering promoters of sustainable projects in the sector favourable financial terms. This framework is the first of its kind in partnership with a financial institution in the Netherlands. […]

Energy projects have won a share of loans worth €12.7 billion (£9.2bn) from the EU bank. They are part of the European Investment Bank’s (EIB) ‘Investment Plan for Europe’ and include 61 new loans for projects across Europe, Africa and Asia. Those granted funding in the energy industry are a wind farm in southern Mongolia, […]