Sustainable marine fuels are finally gaining more traction as governments and private companies around the world look to decarbonise the shipping industry.
Keyword: IMO GHG Strategy/ Net Zero
IMO in 2024: Working on the policies to turn net-zero target into reality
In 2023, the International Maritime Organisation adopted a new strategy for shipping’s greenhouse gas emissions, targeting net zero emissions by around 2050.
Greek shipowners call for governments to back IMO green transition policies.
It has also called for a common approach to regional measures, such as the EU Emissions Trading Scheme (ETS).
Market Perspectives: Marine Fuel Market is in Transition and so are Alternative Fuels
Shipping’s choice of alternative bunker fuel will be framed by a host of factors but led by price and, on current showing, it seems that both liquefied natural gas and oil-derived fuels should stay in the running for the foreseeable future, according to energy transition analyst Rhidoy Rashid.
The Poseidon Principles 2023 Annual Disclosure Report sets a new standard for climate reporting
Amidst a pivotal year for the maritime industry, marked by the International Maritime Organization (IMO) revised greenhouse gas emissions strategy, the Poseidon Principles have emerged as a driving force for change.
Shipping lines urge IMO to accelerate regulations for green fuel transition
Major global shipping lines have urged the International Maritime Organisation (IMO) to create regulatory conditions for accelerating the transition to green fuels
Shipping will ‘get thre by 2050’ industry heavyweights tell Lloyd’s List Outlook Forum
Shipping will manage to meet the International Maritime
Organization’s goal of net-zero emissions sometime around the mid-century, an industry audience was told in London this morning.
Largest industry gathering at COP28 set out plans to deliver a net zero future
Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, a course was set to deliver on the International Maritime Organization’s net zero strategy.
The price just went up: Major flag state raises stakes in shipping levy battle
One of the world’s largest flag states has sharply increased its demands over a shipping carbon levy as it faces becoming a registry without a home because of climate catastrophe, a senior official tells TradeWinds.
Plans for new levy on shipping industry to support net-zero goals
Decarbonising the shipping industry is a goal of climate talks at Cop28, with leaders meeting to discuss the urgency of cutting emissions.