The Baltic Exchange says it is laying the foundations for consistency in the way in which carbon is priced into seaborne freight
Existing proposals create ‘substantial loopholes and ultimately an enforcement minefield’, says the European Community Shipowners’ Associations
Greece sets out its proposals for the green transition of the maritime sector to Brussels, underlining the need to find ‘realistic and constructive solutions’
Nine companies have committed to zero-emissions shipping by 2040, in the most significant pledge yet by cargo owners toward decarbonising the industry
Development in the digital space has been rapid: it’s accepted in unlikely places. The need now is standardisation of infrastructure and collaboration among industry players and software providers
Ports in developing countries should receive a significant share of the funds raised by a carbon tax or cap-and-trade scheme, says International Association of Ports and Harbors
The 63,600 dwt eco-designed vessels, which cost about $31m each, will be delivered from 2023
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The coastguard believes that a ship’s anchor could have hooked and dragged an underwater oil pipeline more than 30 metres off its designated route into the port of Long Beach
UN secretary-general Antonio Guterres called on the transport industry to set more ambitious climate targets to keep global warming below a rise of 1.5°C
Shipping has seen much digital collaboration over the past 18 months, with this alliance being among the most significant. The aim is to achieve decarbonisation through digital solutions and transparency
Looking ahead, methanol and biofuel will be more expensive and shipping will be competing directly with the aviation sector’s bigger pockets. This makes ammonia the most realistic deepsea fuel choice that the industry can take today if it wants to future-proof orders, argues Höegh Autoliners
Although hull performance management is a contributory element to emissions reduction and avoidance of spreading invasive aquatic species, measuring and monitoring are far from simple
Grimaldi Group managing director criticises the EU emissions trading system and backs calls for a global carbon measure. Grimaldi has taken delivery of 12 ships since 2020, with another 20 due by 2025 and is depreciating its ships five years earlier to hasten the fleet renewal
‘We’re fairly certain that there was one at least initiating incident that occurred several months to a year ago of an anchor-drag situation. We’re confident now that it was a large vessel,’ says US coast guard
Shipping should be included in the EU ETS by January 1, 2023, but that start date is now seen as unlikely given that draft legislation faces amendments. This leaves owners in limbo
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