One of maritime’s most impactful and important countries begins to organise its response to the decarbonisation challenge

The International Chamber of Shipping believes an ambitious agreement can be reached in the autumn, provided that governments maintain open minds and be willing to avoid inflexible positions

Lack of a global regulatory framework and unwillingness from shipping’s customers to pay for lower emission solutions are identified at the top of a long list of significant barriers to much needed industry investment in a new report from Shell based on interviews with more than 80 industry leaders

With the world still in the grip of a global pandemic, shipping companies need to reassess the measures they have in place to meet environmental compliance

Increased numbers of very large crude carriers anchored off China, Singapore and Malaysia have brought the total amount of crude and clean products in floating storage to a new high, while the global economic outlook is expected to result in seaborne trade falling year on year for the first time since 2009

The IMO has received fuel consumption data for 2019 from over 26,000 ships, around 80% of the required vessels

 Group of 11 organisations to work on future fuels and options for transport and logistics

The IEA findings underscore a series of recent reports indicating shipping is nowhere near reducing its reliance on fossil fuels

Containerships were found to have accounted for over 30% of CO2 emissions in 2019, with oil tankers and bulkers accounting for another 15%

The automotive sector still faces obstacles that sound frustratingly familiar for anyone following maritime’s decarbonisation timeline

DNV GL’s outlook sees renewables increasing market share relative to fossil fuels because of lower operating costs, with oil demand hit the hardest, followed by coal, then gas

The Finnish company will spearhead a joint effort to pave the way for ammonia engines to be used in real vessel operations within few years