The global shipping industry is not on track to meet its target of having zero-emission fuels account for 5% of all fuels by 2030.
Fuel/Energy Type: All
Pacific nations gear up for a fight over shipping emissions at critical UN meeting
Pacific nations are preparing for a pivotal week of negotiations in London on how to cut planet-warming greenhouse gas emissions in the global shipping industry.
Governments expected to close in on a global carbon price at UN talks next week
The IMO is expected to advance negotiations on what could be the world’s first universal carbon price (e.g. a levy) on a global polluter.
Why is the shipping industry not decarbonizing faster?
The year 2050 might seem distant, yet in the context of the green transition of global supply chains, the deadline is rapidly approaching. Decisions being made now are ones that will determine the shipping sector’s ability to decarbonize and achieve net-zero emissions by 2050.
Five camps dominate crucial phase of IMO climate talk
Different political factions have emerged ahead of the upcoming MEPC. Three groups are considered ambitious, while two are pulling in the other direction.
New chief of Norway’s shipowners wants to move faster toward climate targets
Knut Arild Hareide, new chief of the Norwegian Shipowners’ Association, says it will be difficult for shipping to achieve the 2030 climate target. It must not be delayed much, he says.
European shipowners and fuel producers join forces and launch Clean Maritime Fuels Platform
Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector.
IBIA: Key priorities to shape the bunker industry’s future positively
As the new Executive Director of IBIA since September 2023, Alexander Prokopakis refers to key priorities on the agenda, highlighting that a multifaceted approach addressing technological, regulatory, and operational aspects as well as collaboration are vital for a more sustainable future.
Gibraltar Begins to Sketch out Low-emission Future
With the shipping decarbonisation debate primarily concerned with the fuels most likely to take sizeable market share from traditional fuel oil, how those fuels will be delivered is increasingly shifting the focus onto ports.
EU ETS: important compliance clarifications
Launched in 2005, the EU’s Emission Trading System is a “cap and trade” scheme where carbon emitters in certain sectors have to purchase allowances to cover their emissions during the relevant trading period.