Global marine fuels firm Cockett Group is the latest company to raise concerns over the IMO’s carbon intensity indicator regulation, saying it may raise fuel consumption for some ships
Topic: REGULATIONS
CII alternative pitched by Danish Ship Finance
Danish Ship Finance has issued its latest biannual markets report in which it has called for the IMO’s Carbon Intensity Indicator (CII) to be replaced with a voyage index that shows carbon intensity per voyage to allow performance to be evaluated and optimised.
Shipowners pursue very different paths to meet new climate regulations.
From the turn of the year, shipping will be covered by the European Union’s Emissions Trading System, ETS, which forces shipping companies to reduce their ships’ carbon emissions.
Urgent implementation rethink needed to achieve objectives of EU ETS directive
The maritime industry is fully committed to decarbonisation and environmental protection because the industry itself is a victim of grave, climate change consequences.
Global Shipping’s $3.6 Billion Carbon Bill Is Six Weeks Away
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s almost certainly going to rise as the continent steps up efforts to combat climate change.
LNG demand for bunkering to intensify in Med with new emissions rules
With the Mediterranean set to introduce stricter limits on maritime emissions in just over 18 months time, market players in the region are
already predicting that LNG is well placed as an alternative to more traditional — and polluting — marine fuels.
Shipping: EU ETS Will Redefine Industry Standards
Shipping is about to enter a new period of structural reforms, as a
result of the implementation of the EU ETS across the industry, starting next year
Tool helps shipping stakeholders identify best ports for developing sustainable first mover initiatives
Lloyd’s Register (LR) Maritime Decarbonisation Hub and Environmental Defense Fund (EDF), in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transition away from fossil fuels
EU Emissions Trading System for Maritime Transport Explainied – Part 4 of 6
In the fourth 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 the exclusions to the EU ETS, the penalties for non-compliance, and how the EU plans to address any attempts to avoid the new measures.
Bureau Veritas unveils Rules for hydrogen-fuelled ships
BV), a world leader in testing, inspection and certification, has launched its first classification Rules for hydrogen-fuelled ships (NR678) to support the safe development of hydrogen propulsion in the maritime sector.