Maritime compliance company warns of rising FuelEU penalties, gives early price estimates for pooling
A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.
Read MoreStudy correlates IMO regulations’ reduced sulphur emissions to inadvertently accelerate global warming
In regulating sulphur emissions from ships, the International Maritime Organization’s (IMO) 2020 regulations may have inadvertently contributed to global warming, according to research released this week.
Read MoreGreen shipping pioneer Maersk makes a U-turn on LNG
One of the largest shipping companies in the world, Maersk, has backtracked on its previous anti-liquefied natural gas (LNG) position by announcing plans to purchase ships capable of running on the fuel, highlighting the difficulty of lowering shipping emissions.
Read MoreFEATURE: EU carbon intensity limits will be the bigger driver in cutting shipping fuel emissions
The EU regulation mandating shipping companies to lower their fuel’s greenhouse gas intensity will be a bigger driver for shipping companies to switch to cleaner fuels than including the sector in the EU ETS, experts say.
Read MoreUN shipping body inches closer to key carbon levy decision with release of impact assessment
A maritime greenhouse gas emissions pricing mechanism will not lead to an equivalent increase in transport costs, according to an assessment by the UN’s sectoral body on the possible impacts of emission-reducing measures published this week.
Read MoreGlobal shipping campaign launches ‘Beyond Methane Pledge’ to end LNG use
The Say No to LNG campaign has launched the ‘Beyond Methane Pledge’ in an attempt to put an end to the expansion of liquefied natural gas (LNG) and other methane-based fuels, and eventually phase out their use in all sectors by 2030, the campaign announced Thursday.
Read MoreJapan’s MOL on track to meet 2030 emissions reduction target
Japanese shipping giant Mitsui OSK Lines (MOL) is well on track to reach its 2030 emissions reduction target and met its 2023 goal without using any carbon credits, according to the latest company data.
Read MoreShipping consultancy opens Singapore office to meet regional EU ETS-related demand
A consultancy focused on shipping analytics and environmental compliance has opened a new Singapore office to help meet Asian demand for EU ETS-related solutions.
Read MoreMiner and maritime heavyweight ink MoU for clean shipping
Australia’s Fortescue, an iron ore giant with a sideline in clean energy, has signed a non-binding agreement with a shipping company to collaborate on decarbonising the sector.
Read MoreJapanese shipping major invests in aquaculture venture, eyes blue carbon credits
A Japanese shipping firm has invested in an aquaculture venture to create blue carbon credits and protect marine biodiversity through kelp bed restoration projects.
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