New report shows that Green Shipping Corridors will need additional support under a global fuel standard

Report from UMAS, UCL and GMF illustrates how green shipping corridors could benefit from a global fuel standard and regional policies, but that additional support would be needed to drive early adoption

New analysis highlights trade-offs between a levy and a fuel standard, and the need to balance short-term with long-term gains for African nations

A high carbon price in the form of a levy can have significant medium-term costs but stabilises as technology advances and redistribution of revenues offset the economic impacts, versus a fuel standard which minimises costs in the short-term but leads to increased costs in the long run.

Clean Industrial Deal: Time for urgent action to support industry competitiveness and energy transition

European Shipowners strongly welcome the recognition of shipping under the five sectors across which the Clean Industrial Deal should be implemented

EU’s new clean deal lacks funds for a clean fuel supply chain

The European Commission’s long-awaited Clean Industrial Deal (CID) is about to be released, yet a leaked draft of the strategy has already circulated, leaving many – incluing the shipping sector – with questions on who will pay for the green transition the region should go through.

US$2Tn in funding needed for green fuel production by 2050

Up to US$2Tn of investment is needed to enable marine fuel producers to manufacture enough green fuel for the shipping industry to meet IMO decarbonisation targets by 2050.

Case for engine retrofits clouded by lack of green fuels

Failure to scale up suitable quantities of well-priced green fuels has blunted a projected rush to retrofit ships with cleaner engines, a delay that will potentially bring a bottleneck at repair yards further down the line, according to a new study from Lloyd’s Register (LR).

Recommendations to accelerate the production of green fuels

Danish Shipping has launched its recom­men­da­tions following a summit in Copenhagen attended by re­p­re­sen­ta­ti­ves from shipping companies, fuel producers, authorities, the Minister for Industry, Business and Financial Affairs, and others.