Alliance for green shipping corridors

09 Oct 2024 CW Team

A new alliance focused on developing green shipping corridors has been formed during the Global Sustainable Shipping and Clean Energy Summit (HSC). The coalition aims to accelerate the decarbonization of the global shipping industry by promoting zero-emission shipping routes. These green corridors will be key in reducing the maritime sector’s carbon footprint, which currently accounts for a significant portion of global greenhouse gas emissions.

The alliance brings together multiple stakeholders, including governments, shipping companies, port authorities, and energy providers, all committed to facilitating the transition to sustainable maritime transport. By focusing on creating infrastructure and fostering collaboration across international shipping routes, the alliance seeks to make cleaner energy sources like hydrogen and ammonia more accessible to vessels traversing these corridors.

Key objectives of the alliance include building bridges between key ports globally, ensuring that green energy refueling and bunkering facilities are available, and working on innovative technologies that support the maritime industry’s transition to low-carbon operations. These initiatives will not only help reduce emissions but also serve as blueprints for similar efforts in other sectors of transportation.

The alliance was formed to address the growing urgency around environmental concerns in the shipping industry and is aligned with international goals to limit global warming by cutting carbon emissions. The green shipping corridors will play a critical role in achieving a zero-emission future for global trade and transport, with the coalition committed to creating scalable, replicable models for sustainable maritime infrastructure.

This initiative marks a significant step in the global push for cleaner and more sustainable shipping, setting an example for other industries to follow.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..