EU Emissions Trading System for Maritime Transport Explained – Part 2 of 6

In the second article of our six-part series reviewing the changes introduced by the new EU rules, set to apply from 1 January 2024, we look at who is responsible for compliance under the EU ETS and which monitoring, reporting and verification obligations will apply.

Is climate change generating problems for liner shipping schedules?

Weather-related factors are emerging as the most dominant factor influencing global liner schedule integrity, Ocean Network Express (ONE) chief executive Jeremy Nixon says.

Strengthening ocean efforts to tackle climate change, marine biodiversity loss and pollution

The sixth session of the United Nations Environment Assembly (UNEA-6) taking place from 26 February to 1 March 2024 at the United Nations Environment Programme (UNEP) headquarters in Nairobi, Kenya programme.

Can shipping hit IMO decarbonisation checkpoints?

Support for the IMO’s decarbonisation checkpoints and ambitions at 2030, 2040, and 2050 was unanimous at CMA Shipping 2024, but attendees were divided on whether the shipping industry could hit its marks.

UBS’s Credit Suisse Takeover Came With a CO2 Headache

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.

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.