greenhouse gas

Shipping: Is It Prepared For Carbon Pricing?

Credit: Timelab Pro/Unsplash

Very few of the 68 carbon pricing plans that are currently in place across the globe include shipping. However, if predictability, scalability, and the technical readiness of zero-emission greenhouse gas technologies are taken into account in their design, there is potential for carbon pricing to be successfully applied to the shipping industry, according to the OECD’s International Transport Forum (ITF), as reported by India Shipping News.

Carbon pricing schemes

A...

https://mfame.guru/shipping-is-it-prepared-for-carbon-pricing/

IMO, MOWCA Agree on Joint Action Plan for Maritime Security

  • Adalikwu described the JAP as a bold step towards ensuring improved safety of ships, crew members and cargoes on African waters, especially in the West and Central African regions.
  • He added that the move would engender more technical cooperation between IMO and MOWCA for strategic human capital development that will leverage technology.
  • “Enhancing gender diversity and safety of women in the maritime sector.”

A Joint Action Plan (JAP) has been approved by the International Maritime Organization...

https://mfame.guru/imo-mowca-agree-on-joint-action-plan-for-maritime-security/

Big Blue goes Big Green; Maersk goes “ALL-IN” on decarbonisation

Pictured: a conceptual representation of the shipping industry’s increasing environmental friendliness. Photo credit Ian Taylor via Unsplash. Color edited by Shipping Australia.

International ocean shipping giant Maersk has taken a big step in shaping the future of shipping by vowing to hit net-zero greenhouse gas emissions by 2040 across its entire business including its direct and indirect emissions.

This bold announcement from Maersk is far ahead of the International Maritime Organization...

https://www.shippingaustralia.com.au/big-blue-goes-big-green-maersk-goes-all-in-on-decarbonisation/

Long-Term SPA for Supply of 0.8 Million Tonnes of LNG

Pavilion Energy Trading & Supply Pte. Ltd.1  (“Pavilion Energy”) and bp Singapore Pte Limited (“bp Singapore”) have signed a long-term LNG sale and purchase agreement (SPA) for the supply of approximately 0.8 million tonnes of LNG per year to Singapore for 10 years from 2024, says an article published on their website.

GHG Quantification

Beyond the supply of LNG to Singapore, both companies will strive to co-develop and implement a greenhouse gas (GHG) quantification and reporting methodology....

https://mfame.guru/long-term-spa-for-supply-of-0-8-million-tonnes-of-lng/

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