Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Green methanol, ammonia drive proposed VOC Port–EU corridor

An industry coalition has been formally launched to develop a green shipping corridor between India’s VO Chidambaranar (VOC) Port and Europe, with a focus on green methanol and green ammonia. Indian and European officials signed a letter of intent to formally launch the industry coalition, according to India’s Ministry of Ports, Shipping and Waterways. The ...

An industry coalition has been established to develop a green shipping corridor between India's VOC Port and Europe, focusing on green methanol and ammonia as fuel sources. Indian and European officials signed a letter of intent, according to India’s Ministry of Ports, Shipping and Waterways. The coalition, including the VOC Port Authority, will investigate the viability of green ammonia and methanol as bunker fuels along the route.

This includes assessing fuel supply, potential vessel demand, and infrastructure for bunkering and storage. Suitable European ports for the corridor will also be identified, building on a 2025 pre-feasibility study. The Indian government has not set a timeline for the project's development. This follows previous discussions about green shipping links between India and Europe, including a 2025 agreement with the Port of Rotterdam Authority and a 2026 pre-feasibility workshop in Denmark.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Maersk Asia Pacific Market Update – October 2026

As Q4 gets underway, supply chains across Asia Pacific continue to adapt to shifting demand and changing network conditions.

  • Q4 sees shipping network adaptations in Asia Pacific
  • Maersk adds four Gemini network services via Suez Canal
  • APEC Meeting in Shenzhen prompts early customer discussions

Korean shipbuilders push wind-assisted propulsion to decarbonize LNG and container fleets

As the International Maritime Organization (IMO) tightens its carbon-reduction rules, more ships are adopting wind-assisted propulsion systems (WAPS) that use wind as thrust.

  • Korean shipbuilders lead wind-assisted propulsion (WAPS) adoption to decarbonize fleets.
  • HMM and Wooyang Shipping charter eight and four 210,000-ton bulk carriers with rotor sails.
  • Maersk installs WAPS on first container ship, reducing fuel consumption by up to 10%.

More from Wednesday 14 October →