Star Bulk News

A new study from West Australia – East Asia Iron Ore Green Corridor Consortium finds that ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. Green corridors Green corridors, specific trade routes where zero-emission shipping solutions are demonstrated and supported, are one of the key levers to aid the shipping industry and governments in the decarbonisation of the maritime sector. The...

Representatives from maritime and energy organisations convened in Sydney in October with the aim of accelerating the development of a green corridor for the transportation of iron ore between Australia and East Asia (the Australia-East Asia Iron Ore Green Corridor) and identifying key actions to fuel the clean shipping of iron ore by matching emerging clean ammonia supply with industry demand. Net-zero-emission shipping solutions In June 2022, 13 members of the Getting to Zero Coalition and A...

A consortium, led by the Global Maritime Forum. and consisting of BHP, Rio Tinto, Oldendorff Carriers, and Star Bulk Carriers Corp., have signed a letter of intent (LOI) to assess the development of an iron ore Green Corridor between Australia and East Asia. To mobilise demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly looking to enable and simplify the task of decarbonising the maritime sec...