EU ETS will have a damaging effect on ports and towage

Implications from the introduction of this regional carbon taxing scheme will be wide, even if it only covers CO2 emissions from ships of 5,000 gt and above entering EU ports, regardless of the flag they fly.

EU Emissions Trading System for Maritime Transport Explained – Part 2 of 6

In the second article of our six-part series reviewing the changes introduced by the new EU rules, set to apply from 1 January 2024, we look at who is responsible for compliance under the EU ETS and which monitoring, reporting and verification obligations will apply.

Enough talk: Crunch time for IMO shipping measures to cut climate impacts

Ahead of next week’s meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of GHG Emissions from Ships (IMO, IWSG-GHG-16, March 11-15) and the subsequent Marine Environment Protection Committee (MEPC 81, March 18-22), the Clean Shipping Coalition is calling on the IMO to take action in three key areas.

IMO ponders new GHG policies, while shipping sector awaits low-carbon economic incentive

Global shipping regulators will soon have to decide whether and how to penalise the use of fossil fuel and whether and how to incentivise the use of greener fuel.

Delegates doubt next week’s MEPC meeting will bring concrete results

Ahead of next week’s IMO climate meeting, there is far from consensus on which instruments are needed to reduce shipping’s climate footprint.

How a universal greenhouse gas price for shipping could future-proof global trade

IMO delegates should seize the opportunity next week at the 81st session of the Marine Environment Protection Committee.

Opposing teams line up for next week’s MEPC

The eighty-first session of the Marine Environment Protection Committee (MEPC) will take place next week where the focus will be on developing legally-binding measures to ensure last year’s milestone agreement to phase out greenhouse gases (GHG) from shipping by 2050 is made possible.

Pressure builds for charge on global shipping sector’s CO2 emissions

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed.