The Poseidon Principles has announced revising its framework to align shipping’s top banks with the International Maritime Organization’s new climate change emissions target. The change marks a significant update following the…
IMO revised GHG strategy
Maersk and CMA CGM Join Forces to Advance Green Fuels for Shipping
Two of the world’s largest container shipping companies, A.P. Moller – Maersk and CMA CGM, have joined forces to speed up the green transition in shipping. Maersk and CMA CGM…
https://gcaptain.com/maersk-and-cma-cgm-join-forces-to-advance-green-fuels-for-shipping/
Shipping Industry Faces Challenge of Securing Green Fuel Supply, DNV Says
The shipping industry will struggle to secure enough supply of carbon-neutral fuels to meet the new 2030 maritime emission targets, and therefore must consider all available options for reducing emissions,…
https://gcaptain.com/shipping-industry-faces-challenge-of-securing-green-fuel-supply-dnv-says/
Retailers and Ocean Carriers Called Out for Failure to Reduce Emissions
The majority of retailers and ocean carriers are failing to adequately address their climate-warming emissions from ocean shipping, according to a recent “report card” released by the Ship It Zero…
https://gcaptain.com/retailers-and-ocean-carriers-called-out-for-failure-to-reduce-emissions/
UAE and DNV to Launch Middle East Maritime Decarbonization Center
The UAE Ministry of Energy and Infrastructure and DNV have signed a Memorandum of Understanding to establish a new UAE Maritime Decarbonization Center, which will work to connect stakeholders from…
https://gcaptain.com/uae-and-dnv-to-launch-middle-east-maritime-decarbonization-center/
Shipping Regulator Falls Short of 1.5C-Aligned Climate Targets
By Jack Wittels (Bloomberg) — Shipping’s international regulator set non-binding emissions goals that fail to align with restricting global warming to 1.5 degrees Celsius above pre-industrial levels, according to industry experts….
https://gcaptain.com/shipping-regulator-falls-short-of-1-5c-aligned-climate-targets/
IMO Adopts New Strategy to Reduce GHG Emissions from Shipping
LONDON, July 7 (Reuters) – Countries on Friday adopted a revised greenhouse gas (GHG) strategy for shipping that sets a net zero emissions target “by or around 2050,” which was viewed by environmental groups…
https://gcaptain.com/imo-adopts-new-strategy-to-reduce-ghg-emissions-from-shipping/
IMO’s Revised GHG Strategy for Shipping: Details and Reactions
Member States of the International Maritime Organization (IMO) have adopted at revised strategy to reduce greenhouse gas emissions from international shipping. The 2023 IMO Strategy on Reduction of GHG Emissions from…
https://gcaptain.com/imos-revised-ghg-strategy-for-shipping-details-and-reactions/
IMO’s 2023 Revised GHG Strategy: Next Steps
By Barry Parker (gCaptain) – Today, the International Maritime Organization (IMO’s) MEPC 80 meeting saw the adoption of a Revised Strategy for Greenhouse Gas emissions. The main points are summarized…
https://gcaptain.com/imos-2023-revised-ghg-strategy-next-steps/