Targets
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Decarbonization
IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some…
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Decarbonization
Chemship blazes the trail with wind propelled chemical tanker: Targets 15% CO2 savings on Transatlantic route
Chemship commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical Challenger the first chemical tanker…
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Decarbonization
MOL Partners with Climate Tech Firm, 123Carbon to Complete Insetting Pilot Supporting customers’ Scope 3 reduction targets
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed an insetting pilot with 123Carbon B.V. (note 1) by tokenizing…
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Decarbonization
Maersk becomes first to have climate targets validated by SBTi under the new Maritime Guidance
A.P. Moller – Maersk´s (Maersk) greenhouse gas emissions targets have been validated by the Science Based Targets initiative (SBTi) to…
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Decarbonization
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime…
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Decarbonization
ZESTAs IMO submission informs policy and industry on latest technology to meet 2050 targets
MEPC81/INF.5, submitted by Zero Emissions Ship Technology Association (ZESTAs) has been accepted and uploaded for public access on IMO Docs…
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News
Net Zero Emissions Targets Will be a Challenge
The road ahead towards a net zero emissions future is faced with big challenges. In its latest weekly report, shipbroker…
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Decarbonization
GHG targets from a multilateral decision-making process come close to science derived targets, new analysis shows
In a rare occurrence in the challenging politics of climate change, the IMO’s Revised GHG Strategy, adopted at MEPC 80…
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News
Shipping in ‘decisive decade’ to meet tighter emission targets
Faced with tough competition for greener fuels from other sectors, new 2030 maritime emission targets hang in the balance. According…
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News
Newbuildings: Tankers and Bulkers the Main Targets
Ship owners have kept ordering newbuildings, with bulkers and tankers the main targets. In its latest weekly report, shipbroker Allied…
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