The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitious 90 % greenhouse gas emission reduction target in 2040. The ports, and the maritime sector will be an integral part of transporting CO2 in CCS processes.
Keyword: IMO GHG Strategy/ Net Zero
Exclusive: EU wants fossil fuel sector to help pay to combat climate change, draft shows
The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal.
Biofuels and e-fuels in trucks will make it harder for aviation and shipping to go green
The EU climate targets will slash demand for oil and gas. As a result, fuel suppliers are investing in e-fuels and biofuels to replace them
New study raises concerns about the durability of biofuels
A new study launched by one of the world’s leading dry cargo shipping companies, Oldendorff Carriers, casts doubt on the sustainability of the popular second-generation biofuels.
Peninsula hits landmark with first supply for LNG-powered cruise ship
Peninsula’s liquefied natural gas supply vessel, Levante LNG, refuelled the Royal Caribbean Group cruise vessel Silver Nova last Saturday, the company’s first LNG supply in Gibraltar
Greek owner to sell all container ships, spend $3B on LNG tankers
There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments?
Singapore and Korea discuss on bunkering of new marine fuels and digital initiatives
MPA was hosted by Korea’s Ministry of Oceans and Fisheries at a bilateral meeting in Busan where both updated on digital initiatives and bunkering of new maritime fuels, amongst others.
European shipowners call for clean affordable fuels for shipping before Parliament vote on trucks CO2 standards
Ahead of the plenary vote on CO2 standards for heavy-duty vehicles, European shipowners highlight once more the urgent need to make clean affordable fuels available for shipping
These electric ferries may set a new standard around clean public transportation
Many cities around the world see clean and efficient public transport as a crucial way to lower their carbon emissions.
Wärtsilä to supply one of Europe’s most advanced simulators to new Finnish maritime training facility
The simulator will be installed in Xamk’s new campus in Kotka, Finland, where also part of Ekami´s maritime training will take place in the future.