Maritime Minister, Lord Davies, has today (26 January 2024) announced the winners of £33 million of government funding to develop green technologies for ports and ships – accelerating the UK’s race to decarbonise the sector while supporting jobs in coastal communities across the country, helping grow the economy in the long term.
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Decarbonization of shipping: An ambitious global test bed for green ships sets sail.
With 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy.
NGOs launch legal challenge against EU’s bid to label fossil fuel planes and ships as green.
Five NGOs – Fossielvrij, Protect our Winters, Dryade, CLAW and Opportunity Green – have launched a legal challenge against the European Commission, requesting it to review its green investment rules on aviation and shipping.
Shipping is sizing up energy transition opportunities
After a year in which decarbonisation regulations were agreed to be sharpened at both IMO and EU level, the maritime industry advanced significantly towards meeting its long-range emissions targets in 2023, according to LR’s analysis of vessel ordering, technology and fuel developments.
IBIA: Key priorities to shape the bunker industry’s future positively
As the new Executive Director of IBIA since September 2023, Alexander Prokopakis refers to key priorities on the agenda, highlighting that a multifaceted approach addressing technological, regulatory, and operational aspects as well as collaboration are vital for a more sustainable future.
Gibraltar Begins to Sketch out Low-emission Future
With the shipping decarbonisation debate primarily concerned with the fuels most likely to take sizeable market share from traditional fuel oil, how those fuels will be delivered is increasingly shifting the focus onto ports.
EU ETS: important compliance clarifications
Launched in 2005, the EU’s Emission Trading System is a “cap and trade” scheme where carbon emitters in certain sectors have to purchase allowances to cover their emissions during the relevant trading period.
The case for zero-emission UK shipping: maritime energy policy recommendations
In 2021, UK shipping burned through 7 million tonnes of fossil marine fuels, producing 26.3 million tonnes of carbon dioxide equivalent – nearly 20% of all of the UK’s transport greenhouse gas emissions.
Clarksons expects 30% of ships to be rated D or E in CII assessments
The estimate from Clarksons Research comes in its latest Green Technology Tracker which monitors metrics including alternative fuel uptake and investment in energy saving technologies.
Cleaner Oceans, Greener Future: The Impact of Sustainable Marine Fuels
Sustainable marine fuels are finally gaining more traction as governments and private companies around the world look to decarbonise the shipping industry.