Banks With $100 Billion in Shipping Loans Get Strict on Climate
(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part
(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part
Global mining company Anglo American has completed what is thought to be the first fully carbon offset voyage of a bulk carrier at sea, according to Rightship,
By James Stavridis (Bloomberg Opinion) — I spent much of my life in the U.S. Navy, including nearly 11 years on the deep ocean day-to-day, out of sight
By Alex Morales and Jessica Shankleman (Bloomberg) — The U.K. government is preparing to announce plans to slash fossil fuel emissions to zero
By Simon Johnson ROVANIEMI, Finland, May 6 (Reuters) – U.S. Secretary of State Mike Pompeo said on Monday that Russia is behaving aggressively in the
By Ragnhildur Sigurdardottir (Bloomberg) — As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is
By Sam Whelan in Singapore (The Loadstar) – Typhoons and other adverse weather events are playing havoc with carrier schedules, presenting a “major
By Brian K. Sullivan, Alexandra Semenova and Eric Roston (Bloomberg) — Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous
By Jeremy Hodges (Bloomberg) — The ice cover in the Bering Sea is at its lowest on record for this time of year after losing an area about the
By William Wilkes, Vanessa Dezem and Brian Parkin (Bloomberg) — Kevin Kilps’s car ferry churns the waters of Germany’s Rhine river as he steers
OSLO, Jan 11 (Reuters) – Equinor has won a license to develop carbon dioxide (CO2) storage under the North Sea, Norway’s oil ministry said on
By Mikael Holter (Bloomberg) — A key climate report commissioned by the Norwegian government warned that climate change could hurt the value of its
By Richard Valdmanis Dec 11 (Reuters) – The Arctic had its second-hottest year on record in 2018, part of a warming trend that may be dramatically
Maersk sets ambitious net Zero CO2 emission target by 2050. Danish conglomerate A.P. Moller-Maersk, owner of the world’s largest shipping line,
As part of campaign highlighting the need for immediate action to reduce the impacts of fossil fuel-driven climate change, Finnish technology group Wärtsilä
Earth’s climate is changing faster now than at any point in the history of modern civilization, primarily as a result of human activities, according to the
By Nina Chestney and Jane Chung LONDON/INCHEON, South Korea, Oct 8 (Reuters) – Keeping the Earth’s temperature rise to 1.5 degrees Celsius
By Lucas Jackson and Elizabeth Culliford Sept 20 (Reuters) – A loud rumble jolted climate scientist David Holland just before he went to sleep
By Jim Efstathiou Jr. and Eric Roston (Bloomberg) — As Hurricane Florence barrels toward North Carolina, it’s being strengthened and guided by a
By Kelly Gilblom (Bloomberg) — After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of
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