By Roslan Khasawneh SINGAPORE, Oct 31 (Reuters) - Immediate action is required if the global shipping industry is to meet a target of halving its carbon emissions by the middle of the century, but how to achieve this remains unclear, a report showed on Thursday. Maritime shipping, which represents about 90% of international trade, accounts for 2.2% of global carbon dioxide … [Read more...]
Decarbonization Looms Large on Shipping’s Radar
By Sam Whelan (The Loadstar) - Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by the Global Maritime Forum. The Global Maritime Issues Monitor 2019, which surveyed respondents from 46 countries, ranked only the “global economic crisis” ahead of “decarbonisation of shipping” as the issue to have the … [Read more...]
Shipping Companies, Retailers Look to Develop Cleaner Marine Biofuel
By Jonathan Saul LONDON, Oct 29 (Reuters) - Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to reduce carbon emissions from ships, in another step to push the sector to go green. International shipping accounts for 2.2% of global carbon dioxide emissions, according to the International Maritime Organization (IMO), … [Read more...]