SEB sets a net-zero aligned 2030 target for the shipping sector in line with its commitment to the Net-Zero Banking Alliance. This means the emission intensity in the bank’s shipping portfolio must be reduced by 41 per cent by 2030 compared to the base year 2022.
Keyword: IMO GHG Strategy/ Net Zero
EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe.
MEPs adopt plans to boost Europe’s Net-Zero technology production
On Thursday, Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonisation.
Opportunities for the UK to kick-start shipping’s transition to zero greenhouse gas emission fuel
Adoption of zero-emission fuels in the near-term is a critical step towards a decarbonised future for the shipping industry.
Is contributing to a just and equitable transition that leaves no state behind an empty slogan?
The International Maritime Organization’s 2023 Revised Strategy for reduction of emissions from ships includes provisions which direct a just and equitable transition. Under the agreed timelines, IMO member states must secure agreement on both technical and economic elements in the basket of measures to reduce GHG emissions by April 2025.
Johannes Bochdalofsky: Alternative fuels for the maritime sector based on desert-land farmed seaweed
Role of seaweed can play in decarbonizing shipping.
To reach net-zero, shipping will have to challenge the status quo
DNV Maritime chief executive Knut Ørbeck-Nilssen says shipping needs all low- and zero-carbon alternatives, and should even look at creating ‘pink corridors’
What do crews need to cope with next-generation vessels and fuels?
From co-operation in complex operations to managing risk to behavioural change, it all boils down to training
Shipping industry looks for consensus on sustainable fuels ahead of net-zero goals
Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still be running in 2050.
Minister Calls on IMO for Faster Transition to Sustainable Fuel
Minister of Tourism, Civil Aviation, Sustainable Development and Culture, Honourable Carlos James has called in the International Maritime Organization (IMO) and other agencies, to focus more on pushing maritime companies to accelerate the transition to sustainable fuel for marine transportation.