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Daily Briefing March 4 2024

Is shipping’s decarbonisation revolution about to start slow steaming? | The mess of EU ETS compliance: ‘No pub, no beer’ | Hafnia in the dark as Danish authorities confirm sanctions investigation

Daily Briefing







Analysis and Comment

 

The Lloyd’s List Podcast: Why the flagging standards of flag states are a problem for everyone

Between dark fleet ships evading sanctions and fraudulently flagged ships disappearing off the radar completely, there is a growing number of old, unsafe ships trading outside of the established rules based order of global trading standards. At the heart of the problem are flag states that fail to offer basic oversight of the ships they purport to regulate and that gap threatens a environmental catastrophe

Lloyd's List The Shipping Podcast Regulation Safety

Special Report: Decarbonisation

Shipping’s decarbonisation trajectory depends on regulation that will be decided over two crucial meetings. Yet there is already growing concern that governments could backslide on promises when the easy ambition statements give way to the difficult detail of climate finance. Click here to view the full report

 

FREE TO READ Containership with sunrise in the North Sea
Is shipping’s decarbonisation revolution about to start slow steaming?

The shipping industry and governments are attempting to negotiate the most difficult and controversial details of a global greenhouse gas reduction strategy amid a backlash against pro-climate policies. Some are more invested in the outcome than others

Marine Environment Protection Committee (MEPC 80) at the IMO
IMO to adopt practical mid-term measures to put decarbonisation back on track

Secretary-general is optimistic on shipping’s chances of reaching new IMO targets aiming for net zero by or around 2050, as member states prepare to adopt mid-term measures in 2025

MOL logo
Shipping prepares for its first dance with carbon trading

Companies are scrambling to set up trading accounts, while a niche industry springs up to help them manage an unfamiliar market. Data is king, industry readiness is patchy and challenges abound

Höegh Aurora, the first of 12 multi-fuel vehicle carriers
Alternative-fuel newbuilding orders decline as those for bulkers and tankers rise

Already large liner orderbooks have seen commodities carriers, with conventional fuel propulsion systems, make up the greater share of newbuilding orders in recent months. However, any increase in demand for large alternative-fuel bulk carriers and crude tankers could be limited by a lack of shipbuilding capacity

 

The Lloyd's List Podcast

  

 




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