IMO
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Bulk Carrier
Energy efficiency measures can slash the cost of shipping’s transition by up to $220B, World Bank report finds
A recent World Bank report reveals that enhancing energy efficiency in the maritime industry could lower the total cost of…
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Nuclear Propulsion Gains Traction for Maritime Decarbonization
A recent report by DNV reveals a renewed interest in nuclear propulsion as a viable solution for decarbonizing the maritime…
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Decarbonization
Carbon Levy for Shipping Delayed Again
The world’s first carbon levy mechanism aimed at reducing greenhouse gas emissions from international shipping has hit a significant roadblock.…
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Decarbonization
Maritime Sector Pushes for Sustainability Amid Doubts
The maritime industry is doubling down on its commitment to sustainability, even as skepticism about global climate goals persists. According…
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Bulk Carrier
US Succeeds in Blocking Global Carbon Tax on Ships for Now
The International Maritime Organization (IMO) has postponed a pivotal vote on implementing a global charge for ship emissions, a decision…
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Bulk Carrier
Yang Ming Marine Orders Four New Bulk Carriers
Taiwan’s Yang Ming Marine Transport Corporation has announced plans to enhance its fleet by ordering four new fuel-efficient Handymax bulk…
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Bulk Carrier
Shipping Emissions Charge Vote Delayed Amid US Pressure
The International Maritime Organization (IMO) has postponed a crucial vote on implementing a global charge for shipping emissions, a decision…
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Decarbonization
Shipping Industry Faces Setback in Carbon Pricing Talks
The International Chamber of Shipping (ICS) has expressed disappointment following the recent Extraordinary Session of the International Maritime Organization’s (IMO)…
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Shipbuilding
Shipping Faces $100 Billion Carbon Cost by 2030
Carbon pricing in the maritime industry is quickly evolving from a theoretical concept to a substantial financial burden. By 2025,…
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Decarbonization
Maritime Industry Pushes for Global Net-Zero Framework
Leading maritime organizations are urging governments to adopt the “Net-Zero Framework” during the upcoming Extraordinary Session of the UN International…
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