Major global shipping lines have urged the International Maritime Organisation (IMO) to create regulatory conditions for accelerating the transition to green fuels
Keyword: IMO GHG Strategy/ Net Zero
Market Perspectives: Marine Fuel Market is in Transition and so are Alternative Fuels
Shipping’s choice of alternative bunker fuel will be framed by a host of factors but led by price and, on current showing, it seems that both liquefied natural gas and oil-derived fuels should stay in the running for the foreseeable future, according to energy transition analyst Rhidoy Rashid.
The Poseidon Principles 2023 Annual Disclosure Report sets a new standard for climate reporting
Amidst a pivotal year for the maritime industry, marked by the International Maritime Organization (IMO) revised greenhouse gas emissions strategy, the Poseidon Principles have emerged as a driving force for change.
The price just went up: Major flag state raises stakes in shipping levy battle
One of the world’s largest flag states has sharply increased its demands over a shipping carbon levy as it faces becoming a registry without a home because of climate catastrophe, a senior official tells TradeWinds.
Joint private and public Commitments in favour of the decarbonisation of maritime transport
Acknowledging that decarbonising the global maritime transport in line with the revised 2023 IMO GHG Strategy will require unprecedented synergies as well as large investments from both public and private stakeholders.
Decarbonizing shipping: How to speed up the transition and ensure it’s fair
Maritime transport is in the spotlight at COP28, the UN’s annual climate change conference that kicked off on 30 November in Dubai.
Any fossil fuel phase-out deal at COP28 must inlcude global shipping (commentary)
Earlier this year, countries at the UN agreed to step up climate action on one of the world’s greatest polluters: global shipping.
INSIGHT: Shipping Industry Comes Out of the Shadows at COP28
As environmental experts from around the world descend upon Dubai for the 2023 Conference of the Parties of the UNFCCC (COP28), the shipping
industry has a better story to tell at this year’s event.
Looking beyond the engine: COP28 needs to focus on the availability and scalability of fuels
As all eyes turn to Dubai for COP28, the magnitude of the clean energy shipping challenge before us is daunting.
Early movers crucial in closing $200 per container cost gap for zero emissions shipping in green corridors
A new report released today at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost
difference on a per container basis for transpacific and coastal ships under different fuel pathways.