Shipping 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.
Read MoreTurkish parliament approves law to start taxing ship emissions
The Turkish parliament has passed a law requiring ships to pay for the greenhouse gas emissions released when entering and departing from the country’s ports.
Read MoreIMO to help developing countries decarbonise shipping
Developing countries will be able to get technical support when preparing their strategies to reduce greenhouse gas emissions from shipping, thanks to a new programme announced on Tuesday by the UN’s shipping regulatory body International Maritime Organization (IMO).
Read MoreShipping industry group calls for universal standards on methane emissions
The shipping industry urgently needs universal standards for measuring methane emissions in order to encourage the use of technologies to cut emissions, an industry-led technical group said on Tuesday.
Read MoreINTERVIEW: Shippers to start pushing up EU carbon price from 2025, analyst says
The year 2025 will mark and inflection point in the way maritime companies account for their CO2 emissions, as shippers start realising the consequences of the sector’s inclusion in the EU’s Emissions Trading System (EU ETS), according to a French academic.
Read MoreEurope’s ETS-covered shipping emissions drop 13.7% in 2023
European shipping emissions covered by the bloc’s carbon market dropped 13.7% in 2023 compared to the previous year, in large part due to a reduced demand for energy and general goods from the EU, according to Carbon Pulse analysis of preliminary data published this week.
Read MoreOil and gas initiative joins forces with shipping group to decarbonise sector
An oil and gas group has teamed up with a clean shipping industry body to work on solutions to decarbonise the sector, including a focus on carbon capture on ships, they said Tuesday.
Read MoreUN doubles down on call for ‘solidarity levies’ from polluting industries
Countries need to look to new sources of climate finance including “solidarity levies” on sectors such as shipping, aviation, and fossil fuels extraction, the UN’s special adviser on climate change said on Tuesday.
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