To reduce the risk of evasive port calls and relocation of container transhipment activities to ports outside of the European Union, the European Commission has announced that containerships sailing from a non-EU port to discharge cargo at an EU port by the way of Tanger Med or East Port Said will pay for 50% of emissions.
Fuel/Energy Type: All
New version of the Wärtsilä 31DF engine reduces methane emissions by an additional 41% on average, when compared to previous market best
Technology group Wärtsilä has introduced a new ultra-low emissions version of its already efficient Wärtsilä 31DF engine.
GSBN and DNV partner for verified data sharing for decarbonisation
The MoU will leverage on DNV’s recently launched Emissions Connect, an emissions data verification engine, it sees as a major step in enabling the verification of operational data.
Hong Kong’s Marine Department to offer decarbonization incentive to HK registered ships
As announced in the budget speech delivered by Financial Secretary Paul Chan on 28 February, the Marine Department will this year and through to 2026, will offer cash incentives to registered ships based upon their carbon intensity performance.
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.
Ships and ports will be crucial in achieving EU climate goal
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.
NYK to Recover Emissions from Car Carriers at Berth in California
NYK concluded an agreement with STAX Engineering Pty Ltd. (STAX), a U.S. company leading in maritime emissions capture and control, to use its emissions capture and control technology to recover exhaust gases from ships.
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.
Can shipping hit IMO decarbonisation checkpoints?
Support for the IMO’s decarbonisation checkpoints and ambitions at 2030, 2040, and 2050 was unanimous at CMA Shipping 2024, but attendees were divided on whether the shipping industry could hit its marks.
UBS’s Credit Suisse Takeover Came With a CO2 Headache
Among the many headaches UBS Group AG inherited when it swallowed its crosstown rival was one tied to Credit Suisse’s multibillion-dollar shipping portfolio.