Tag: goals
Extended Wärtsilä agreement continues support for Carnival Corporation’s fleet decarbonisation goals
Technology group Wärtsilä and Carnival Corporation & plc have signed a one-year extension to the Performance based agreement that has been in place since 2017. The agreement, which was due to expire in March 2029, will now be valid until March 2030. It covers the maintenance, technical support, optimisation and fuel saving solutions for 57…
Sea Cargo Charter to align with new emission goals
The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC80 in July 2023. In parallel with aligning its trajectory, the SCC is set to expand its current membership scope to include…
Will Shipping Be Ready By 2030?: Decarbonization Goals Could Be in Jeopardy
An aging and outdated fleet could be one of the hurdles that shipping needs to overcome, in order to achieve the decarbonization goals set by the IMO by 2030. In its latest weekly report, shipbroker Xclusiv said that “almost 7 years ahead of 2030 and ques-tions are raised as to whether the IMO’s first target…
Daphne Technology unveils a series of groundbreaking developments in PureMetrics™, empowering businesses to achieve carbon reduction goals
Daphne Technology unveils a series of developments and enhancements for their innovative PureMetrics™ solution. To provide some context, PureMetrics™ stands as an advanced system designed to directly measure and report real-time GHG emissions. This approach eliminates the reliance on fuel consumption estimates, ensuring utmost accuracy and compliance with critical regulations such as the European Union…
Poseidon Principles Align Shipping Finance Repor4ng with Ambi4ous New IMO Climate Goals
The Poseidon Principles are pleased to announce a significant revision to their framework for evalua:ng and repor:ng financial ins:tu:ons’ shipping por From their incep:on, the Poseidon Principles for Financial Ins:tu:ons were designed to be a living framework, evolving con:nually to meet the dynamic challenges of climate change. Through regular reviews, they ensure their con:nued relevance…
-
Poseidon Principles Align Shipping Finance Reporting with Ambitious New IMO Climate Goals
The Poseidon Principles are pleased to announce a significant revision to their framework for evaluating and reporting financial institusions’ shipping porolios’ alignment with climate-related objectives. Following the IMO’s GHG revised strategy adopted during MEPC80 in July 2023, this update signifies the dedication of 30 leading shipping banks to support the maritime sector’s transi:on towards a…
Danish Shipping is ready, willing, and able to contribute to the EU’s 2050 climate goals
Commission President Ursula von der Leyen made her final State of the Union address count by trumpeting everything the Commission has done to improve Europeans’ lives over the past four years — from conquering COVID-19 to countering Russia’s war in Ukraine and placing the EU’s Green Deal in the core of European regulation. Modernisation and…
