Major Shipping Firms Warns Net Zero Plan Could Cost Over $300 Billion by 2035
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the
The maritime industry faces mounting tensions over decarbonization as ABS Chairman and CEO Christopher J. Wiernicki has called for the International Maritime
The International Chamber of Shipping (ICS) has formally backed the International Maritime Organization’s (IMO) Net-Zero Framework (NZF), while stressing
The International Maritime Organisation’s (IMO) ambitious new policy measures are set to transform the shipping industry’s approach to fuel
The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk MAERSKb.CO set to buy part of the
The Zero Emission Maritime Buyers Alliance (ZEMBA), a coalition of freight buyers driving demand for zero-emission shipping, has launched its second tender
Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing
The Biden Administration has announced a first-of-its-kind national goal to transition the freight sector—including the marine sector—to zero emissions.
LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has
(Bloomberg) — Shipping’s global regulator is closing in on a new target of net zero emissions by 2050, inching the industry closer to alignment with
The Biden Administration on Tuesday announced the first-ever “blueprint” to decarbonize America’s transportation sector, which includes both
IMO member states seem on track to adopt a more stringent greenhouse gas reduction target that would align shipping with the Paris Agreement on climate change.
The Port of Long Beach announced Friday it will receive a $30.1 million grant from the U.S. Department of Transportation to deploy the nation’s largest fleet
With around 80-90% of goods transported on ships at some point in the supply chain, the internatioal shipping industry is estimated to account for nearly 3% of
By Sabrina Valle HOUSTON, Jan 18 (Reuters) – Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by
The Conversation via Reuters Connect–International shipping is a crucial part of the global economy – 90% of the world’s trade is
By Jonathan Saul LONDON, Nov 4 (Reuters) – Leading British ports operator Peel Ports aims to become net zero of carbon emissions at all its operations by
U.S.-based ocean carrier Matson (NYSE: MATX) has announced a goal of achieving net zero greenhouse gas emissions from its fleet by 2050. The goal was announced
By Stine Jacobsen (Reuters) – The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action
A shipping industry trade group representing over 80% of the world’s merchant fleet has proposed a bold new plan to help the industry achieve net zero
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