World’s First Global CO2 Charge Inches Closer at IMO Meeting
By Jack Wittels (Bloomberg) — The shipping industry is being lined up as a guinea pig for a world-first: a global, mandatory charge on greenhouse gas
By Jack Wittels (Bloomberg) — The shipping industry is being lined up as a guinea pig for a world-first: a global, mandatory charge on greenhouse gas
The price gap between sustainable shipping fuels and conventional fossil fuels is expected to narrow and could achieve cost parity as early as 2035 with the
BRUSSELS, March 18 (Reuters) – The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying
Carnival Corporation & plc, the world’s leading cruise company, reports progress towards its near-term emissions reduction goals. The company says it
A recent study from Chalmers University of Technology in Sweden warns that switching to ammonia as a marine fuel in the quest for decarbonisation could lead to
The International Chamber of Shipping (ICS) has submitted a comprehensive proposal to the UN International Maritime Organization (IMO), advocating for the
Wallenius Wilhelmsen, a leading Norwegian roll-on/roll-off (RoRo) shipping provider, has inked a major multi-year shipping agreement with Korea’s top
Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the
The shipping industry is turning its attention to green and blue alternatives in order to meet the International Maritime Organization’s (IMO) targets
By Kylie MacLellan and Susanna Twidale (Reuters) Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses
Crowley and Carbon Ridge Inc, a developer of modular onboard carbon capture and storage solutions (OCCS), are launching pilot project that will involving
By Valerie Volcovici, Gloria Dickie and William James DUBAI, Dec 13 (Reuters) – The COP28 Presidency released a proposed text of a final
A.P. Moller – Maersk is set to launch its first large green methanol-fueled containership early next year. Scheduled for launch on February 9, 2024, the
By Jack Wittels and Tara Patel (Bloomberg) — Europe’s biggest container lines want to phase out ships powered only by fossil fuels. The proposal was
The Chief Executive Officers (CEOs) of major global shipping lines have issued a joint declaration at COP 28, urging the International Maritime Organization
Singapore-based shipping company Ocean Network Express (ONE) has announced the commencement of its first wind-assisted propulsion trial. In collaboration with
By Jack Wittels, Yongchang Chin and John Ainger (Bloomberg) — Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next
Airbus, the world’s largest manufacturer of airliners, has announced plans to renew its fleet of transatlantic ships with lower-emission vessels. By
By Gloria Dickie LONDON, Oct 18 (Reuters) – The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by
Berge Bulk, a leading dry bulk ship owner, has announced the launch of a newcastlemax bulk carrier retrofitted with four WindWings, a technology that uses wind
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