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.

Is climate change generating problems for liner shipping schedules?

Weather-related factors are emerging as the most dominant factor influencing global liner schedule integrity, Ocean Network Express (ONE) chief executive Jeremy Nixon says.

Strengthening ocean efforts to tackle climate change, marine biodiversity loss and pollution

The sixth session of the United Nations Environment Assembly (UNEA-6) taking place from 26 February to 1 March 2024 at the United Nations Environment Programme (UNEP) headquarters in Nairobi, Kenya programme.

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.

HD Hyundai Founds NEMO [Nuclear Energy Maritime Organization] with Global Nuclear Energy Organizations

HD Hyundai Shipbuilding & Offshore Engineering (HSOE) announced on March 6 that it has founded the Nuclear Energy Maritime Organization (NEMO) with leading global nuclear energy organizations.