Pricing the emissions of the international shipping industry could raise $100 billion/yr.
Fuel/Energy Type: All
Coatings evolution propelled by decarbonisation drive
ETS and IMO targets drive coatings developments for passenger ships.
HD Hyundai Founds NEMO [Nuclear Energy Maritime Organization] with Global Nuclear Energy Organizations
HD Hyundai Shipbuilding & Offshore Engineering (HSOE) announced on March 6 that it has founded the Nuclear Energy Maritime Organization (NEMO) with leading global nuclear energy organizations.
IMO ponders new GHG policies, while shipping sector awaits low-carbon economic incentive
Global shipping regulators will soon have to decide whether and how to penalise the use of fossil fuel and whether and how to incentivise the use of greener fuel.
Decarbonisation storm hits global shipping
Sea trade is under massive pressure to change as the global population of 61,000 ships collectively weighing in at over 2.1 billion tons deadweight is responsible for over 3% of current CO2 emissions and still rising.
Hong Kong’s Marine Department to offer decarbonization incentive to HK registered ships
As announced in the budget speech delivered by Financial Secretary Paul Chan on 28 February, the Marine Department will this year and through to 2026, will offer cash incentives to registered ships based upon their carbon intensity performance.
Enough talk: Crunch time for IMO shipping measures to cut climate impacts
Ahead of next week’s meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of GHG Emissions from Ships (IMO, IWSG-GHG-16, March 11-15) and the subsequent Marine Environment Protection Committee (MEPC 81, March 18-22), the Clean Shipping Coalition is calling on the IMO to take action in three key areas.
Ships and ports will be crucial in achieving EU climate goal
The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitious 90 % greenhouse gas emission reduction target in 2040. The ports, and the maritime sector will be an integral part of transporting CO2 in CCS processes.
NYK to Recover Emissions from Car Carriers at Berth in California
NYK concluded an agreement with STAX Engineering Pty Ltd. (STAX), a U.S. company leading in maritime emissions capture and control, to use its emissions capture and control technology to recover exhaust gases from ships.
Exclusive: EU wants fossil fuel sector to help pay to combat climate change, draft shows
The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal.