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.

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.

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.