In the fourth 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 the exclusions to the EU ETS, the penalties for non-compliance, and how the EU plans to address any attempts to avoid the new measures.
Fuel/Energy Type: All
Shipping Companies’ Transition Pathways Remain Unclear: Technological Maturity of Alternative Fuel Poses Key Challenge for Rapid Decarbonisation
Vessel replacement and retrofitting to adapt to alternative and often more expensive fuels requires significant investments.
Tool helps shipping stakeholders identify best ports for developing sustainable first mover initiatives
Lloyd’s Register (LR) Maritime Decarbonisation Hub and Environmental Defense Fund (EDF), in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transition away from fossil fuels
Words matter: Net is not zero
Madadh MacLaine, secretary-general of the Zero Emissions Ship Technology Association, is a fan of our lead columnist. Here, she dives into the unacceptable wiggle room some environmental terminology can give our industry.
Greening global trade, one container at a time
Promoting trade in environmental goods and low-carbon technologies can be a powerful tool to combat the climate crisis
The decarbonisation of maritime transport: navigating between a global and EU approach
Maritime transport accounts for ~3% of global anthropogenic greenhouse gases (GHGs), yet is not covered by the Paris Agreement
objectives
IMO ‘will thrive in delivering its full agenda’, says next secretary-general
Arsenio Dominguez Velasco has been confirmed as the next secretary-general of the IMO with attendees at this week’s IMO Assembly endorsing the Panamanian who will take on the role in exactly one month’s time.
The Role of E-Fuels in Decarbonising Transport
Rapid deployment of low-emission fuels during this decade will be crucial to acceleerate the decarbonisation of the transport sector.
Minister of Transport announces the Green Shipping Corridor Program to help cut pollution in marine shipping
Today, the Minister of Transport, the Honourable Pablo Rodriguez, announced the creation of the Green Shipping Corridor Program, an investment of $165.4 million, and launched a call for proposals under this program.
Shipping Giants Want an End Date for Fossil Fuel-Only Vessels
The proposal was announced Friday in a joint statement from Mediterranean Shipping Co., A.P. Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG – four of the world’s top five carriers.