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Environment

Environment

Emissions progress at IMO is cause for concern

The International Maritime Organization’s role as the leading vehicle for shipping’s decarbonisation trajectory will be under even more scrutiny after the agreement on a short-term greenhouse gas measure

Lloyd’s List launches Decarbonisation Survey in search of carbon clarity

The direction of travel for shipping’s decarbonation trajectory has been set for some time now, but the devil in the detail is yet to reveal itself. A new regular survey launch by Lloyd’s List, in association with Lloyd’s Register, aims to chart shifting industry sentiment towards alternative fuels, financing and investment

IMO agrees emission-cutting proposal despite reservations

The International Maritime Organization’s talks this week on a short-term greenhouse gas measure have left some delegates dismayed by what they see as a lower level of ambition

South Korea touts world’s first large liquefied hydrogen carrier design

The Hydrogen Council has projected that this next-generation fuel will command an 18% share of the global energy market by 2050. The gas has been backed by policy-makers to help boost decarbonisation efforts

US to consider regional emissions regime for shipping

A bill backed by the Democrats would establish an emissions reporting regime in the US as well as impose vessel speed reduction, renewable energy production and a limit on oil and gas exploration

The Lloyd's List Podcast: The future of the ballast water market

Listen to a special edition podcast produced in association with Hyde Marine that examines the state of play with the Ballast Water Management Convention, which came into force a year ago but has been overshadowed by the coronavirus pandemic

Operation planned to transfer cargo from listing floating storage unit

The 1993-built Panama-flagged tanker Icaro appears to be heading to the stricken floating storage unit Nabarima, which is laden with crude from the Corocoro field, Lloyd’s List Intelligence data shows. Two tugs are also near by

Decarbonising shipping ‘must be commercially viable’

Shipping has passed a point of no return on transitioning from fossil fuels to zero-carbon alternatives. Now industry experts are calling for global regulation to ensure vessel operations remains a viable business

Marshall Islands adds voice to IMO decarbonisation backlash

The flag state nation has criticised an IMO proposal for a short-term greenhouse gas measure being developed this week as falling short of international climate ambitions

Singapore gas giants favouring dual-fuel LPG carriers

Eastern Pacific Shipping has agreed to exercise an option for another dual-fuel LPG vessel, while BW LPG has initiated a trial for a very large gas carrier which has been retrofitted with LPG dual-fuel propulsion technology

Floating storage vessel off Venezuela lists, raising concerns of sinking

The US embassy in Trinidad and Tobago issued a statement saying US sanctions on Venezuela do not affect safety, environmental and humanitarian efforts. It urged immediate action to prevent pollution

From the News Desk: Regionalisation row exposes shipping’s green divide

A surprising declaration by some shipping leaders backing the implementation of regional decarbonisation measures has further highlighted the divisions in the industry on the pace, scale and regulatory framework needed to achieve the aim of being carbon neutral by 2050

Posidonia Forum: Priorities for an industry in the spotlight

Besieged by external and internal challenges, shipping needs to decide on its priorities. The Lloyd's List Posidonia Forum discusses what must be tackled now

Total delivers ‘carbon neutral’ LNG to CNOOC

The French energy major offset its emissions from the LNG cargo shipment to the Chinese company by financing a wind power project in Northern China and a forest protection project in Zimbabwe

Achieving shipping's green targets requires whole industry

Shipowners and operators are seeking support from class, flags, banks, ports, and regulators to try to meet the IMO’s environmental targets, a DNV GL conference is told

Greek owners reject call for regional decarbonisation measures

Greek shipowners’ leader Theodore Veniamis has criticised remarks made at the Global Maritime Forum for appearing to lend support to national and regional agendas on decarbonising shipping

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