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.

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.