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
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
As shipping reduces its emissions’ impact with alternative fuels, the industry needs careful and coordinated collaboration to safely introduce new fuels with minimal impact on ship operations
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
Lloyd’s List Intelligence data shows calls of larger tonnage, 10,000 teu and above, at Piraeus have more than halved since mid-December, when carriers began Red Sea rerouting. The port’s container throughput also sustained a double-digit drop in January
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
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
All set! This article has been sent to email@example.com.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.