Carbon capture and storage (CCS) in shipping will likely become more common in the next few years as an interim decarbonisation measure for the maritime industry, along with its shift towards using cleaner fuels.
Fuel/Energy Type: All
Opposing teams line up for next week’s MEPC
The eighty-first session of the Marine Environment Protection Committee (MEPC) will take place next week where the focus will be on developing legally-binding measures to ensure last year’s milestone agreement to phase out greenhouse gases (GHG) from shipping by 2050 is made possible.
MEPC 81 likely to advance marine deecarbonisation agenda
The Marine Environment Protection Committee 81st session (MEPC 81) is expected to clarify steps to hit net zero targets for the sector, market participants at the Asia Pacific Maritime 2024 conference in Singapore said.
How a universal greenhouse gas price for shipping could future-proof global trade
IMO delegates should seize the opportunity next week at the 81st session of the Marine Environment Protection Committee.
Maersk CEO Oshares three imperatives for shipping decarbonization to succeed
Ahead of the key global event that will decide the pace of shipping’s decarbonization, Vincent Clerc, CEO of Danish shipping and logistics giant A.P. Moller – Maersk, has highlighted three imperatives that will be crucial if the maritime industry wants to meet ambitious emission reduction targets.
Delegates doubt next week’s MEPC meeting will bring concrete results
Ahead of next week’s IMO climate meeting, there is far from consensus on which instruments are needed to reduce shipping’s climate footprint.
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.
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.