Construction Contracts Signed for First Battery-Powered Tankers
Tokyo-based shipping company Asahi Tanker Co. has placed an order for the world’s first electric-powered tankers. The two tankers, which were ordered at
Tokyo-based shipping company Asahi Tanker Co. has placed an order for the world’s first electric-powered tankers. The two tankers, which were ordered at
By Andy Hoffman (Bloomberg) –The top oil executive at one of the world’s biggest commodity traders is calling for stricter regulations to force the
By Aaron Clark (Bloomberg) –Global energy and commodity titans including Royal Dutch Shell Plc, Trafigura Group Ltd. and Cargill Inc. plan to start
By Jonathan Saul LONDON, Oct 7 (Reuters) – Some of the world’s biggest commodities and energy players on Wednesday launched an initiative to cut
SINGAPORE, Sept 25 (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on
By Jonathan Saul LONDON, Aug 4 (Reuters) – Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s
By Jonathan Saul LONDON, Jan 30 (Reuters) – Credit Suisse, BNP Paribas and French public investment bank Bpifrance are the latest lenders to join an
By Jonathan Saul LONDON, Dec 18 (Reuters) – Shipping associations have proposed creating a research fund with $5 billion raised by the industry to
By Roslan Khasawneh SINGAPORE, Nov 1 (Reuters) – Executives at some of the world’s top shipping groups are advocating a levy on carbon emissions on
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
By Sam Whelan (The Loadstar) – Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by
By Jonathan Saul and Nina Chestney LONDON, Oct 23 (Reuters) – From higher-quality paint to state-of-the-art propellers: shipping companies are looking in
By Emily Chasan (Bloomberg) — At noon every day — when the sun is directly overhead — the world’s fleet of commercial maritime
MSC Mediterranean Shipping Company S.A. has paid $630,625 in penalties to the California Air Resources Board for violating the Ocean-Going Vessel At-Berth
By Stephanie Kelly NEW YORK, Oct 25 (Reuters) – The United States is looking for a “pragmatic” approach to the implementation of new
By Jonathan Saul LONDON, Oct 24 (Reuters) – Leading shipping finance banks have joined industry players in support of faster action to cut carbon
By Alex Longley and Irene García Pérez (Bloomberg) — One of the world’s most polluting fuels may have some life left in it yet. Demand for high
The International Chamber of Shipping (ICS) says it is encouraged by efforts made by IMO Member States to resolve so of the challenges ahead of the global 0.5%
Swiss commodities giant Cargill has challenging businesses and entrepreneurs to come up with technologies that could help reduce carbon footprint of the global
by Vera Eckert (Reuters) – German container shipping firm Hapag-Lloyd plans a 20 percent reduction in its carbon dioxide (CO2) emissions by 2020,
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