The Ship It Zero coalition has urged shipping companies to cancel all new fossil fuel newbuilds in their orderbooks and invest only in zero-emission technologies and fuels for their future global fleets.

The New Zealand government has committed $30 million of funding for coastal shipping through the National Land Transport Programme (NLTP) to improve domestic shipping services, reduce emissions, improve efficiency and upgrade maritime infrastructure.

US-based cruise holding company Royal Caribbean Group and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalized their collaboration by signing a partnership agreement on 23 May 2022.

The UK government has announced a multi-million investment that aims to kickstart innovation in the maritime sector and tackle shipping emissions.