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With an important part of shipping assets and activities unlikely to meet new green financing criteria, industry financiers warn against abandoning them as they will be necessary to enable the zero emissions transition
Shipping’s biggest lenders are due to open up their portfolios to disclose decarbonisation trajectories, while criteria for green shipping bonds will soon emerge
Too often shipping remains out of sight, out of mind and in the shadows, while we impotently bemoan this sea blindness internally, too few of us are prepared to put our heads above the parapet and speak out. Let’s address the real issues this World Maritime Day
Plan includes a ‘solidarity mechanism’ that will cover disembarkation, but Ecsa says ships need reassurance that pre-screening of migrants mentioned in the proposal will be ‘preceded by a swift and safe disembarkation of the rescued persons at the nearest port’
The UK government is warning of 7,000 truck-long queues lasting several days for Channel ports after the Brexit transition period ends, if hauliers fail to prepare for changes to customs rules
The Maritime and Port Authority of Singapore has reduced the 14-day quarantine period to seven days if the crew member comes from Brunei or New Zealand
The increased strength of Asian operators and rising numbers of Chinese newbuildings are among the reasons for the firm to move its co-managing partner to Hong Kong
The class society warns that localism and idealism will create a patchwork of regulations that spells trouble for shipping. Collaboration is more important than individual competitiveness
The European Parliament’s vote to include shipping in the European Union’s Emissions Trading System from 2022, as well as a 40% carbon intensity target on big ships calling at EEA ports from 2030, has sparked an industry backlash
The facility, on the west coast of South Africa, would use a shiplift to transfer vessels into an environmentally friendly decommissioning facility rather than the beaching method, which has been heavily criticised for causing pollution
The ITF says it understands the need for flexibility during the pandemic, but short cuts taken ‘by some in the industry have gone too far, for too long’. It is urging governments and industry to better enforce Solas and other international rules
A trend among ship operators to buy and store on board fuel oil blends amid a low price environment has led to concerns about fuel instability, say experts
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