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Environment

Environment

Baltic Exchange names ex-RightShip chief as carbon lead

The Baltic Exchange says it is laying the foundations for consistency in the way in which carbon is priced into seaborne freight

FuelEU rules open to abuse, say EU shipowners

Existing proposals create ‘substantial loopholes and ultimately an enforcement minefield’, says the European Community Shipowners’ Associations

Greece urges ‘immediate’ EU action on greener shipping research

Greece sets out its proposals for the green transition of the maritime sector to Brussels, underlining the need to find ‘realistic and constructive solutions’

Amazon and Ikea aim for zero-emission shipping by 2040

Nine companies have committed to zero-emissions shipping by 2040, in the most significant pledge yet by cargo owners toward decarbonising the industry

How has shipping changed after 25 years of digitalisation?

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

Decarbonisation proceeds should fund developing countries’ ports

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

Bocomm Leasing orders eight ultramaxes at Cosco yard

The 63,600 dwt eco-designed vessels, which cost about $31m each, will be delivered from 2023

Daily Briefing October 18 2021

FrontNav — a tanker giant 20 years in the making? | Don’t scapegoat shipping for the world’s just-in-time jitters | Container rates suppressed, but not depressed | The Lloyd’s List Podcast: The evolving risk of subterfuge shipping

MSC vessel searched by US oil spill investigators

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’s Guterres says shipping is failing to cut emissions

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 

Kongsberg and ABS join forces on digitalisation

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

Ammonia is most realistic deepsea fuel, says Höegh chief

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

Performance management must be accurate and affordable

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

Carbon market could disadvantage seaborne trade, warns Grimaldi

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

Anchor may have hit US pipeline months before spill, says coast guard

‘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

Delays expected to EU’s 2023 emissions trading deadline for shipping

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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