Among the many headaches UBS Group AG inherited when it swallowed its crosstown rival was one tied to Credit Suisse’s multibillion-dollar shipping portfolio.
Fuel/Energy Type: All
How a shipping carbon tax could help Africa build climate resilient trade
Pricing the emissions of the international shipping industry could raise $100 billion/yr.
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.
GPHA rolls out initiiative to tackle climate change
The Ghana Ports and Harbours Authority (GPHA) has embarked on an initiative to create a sustainable environment and effective waste management.
MEPC81: IMO SG Argues Impact-Tested Measures Need Member State Backing to Be Effective
Avoiding fragmentation and getting member states behind the measures designed to push forward the International Maritime Organization’s greenhouse gas strategy is a key aim for this week’s MEPC81 deliberations.