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EU Fit for 55: 'Contracts for Difference' can incentivize zero-emission fuel investments and accelerate the shipping sector's decarbonization transition

Over the next months, the European Union (EU) is introducing a range of policy and regulatory proposals related to the shipping industry as part of the ‘Fit for 55’ package. The package is aimed at achieving the decarbonization goals set out in the European Green Deal. The newly published Getting to Zero Coalition Insight Brief ...
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Top Sea Polluters Beg for Climate Rules That No Rival Can Avoid

(Bloomberg) -- The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.
Saudi Arabia France General Marie Cabbia Hubatova Jan Hoffmann John Butler Josue Velazquez Martinez

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Euronav: Combination With Frontline Offers The Best Path To Value Creation | Hellenic Shipping News Worldwide

Euronav NV has noted the communication from CMB indicating that it does not support the announced combination of Euronav and Frontline, a transaction that has received a positive response from the market and from our other shareholders. Our Supervisory Board has carefully assessed all available options in the interest of all shareholders, not of one ...
Webber Research Getting To Zero Coalition Supervisory Board Poseidon Principles Zero Coalition Sustainability Manager

Maritime industry joins forces with leading global miners in support of Australia-East Asia iron ore Green Corridor

To mobilize demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly looking to enable and simplify the task of decarbonizing the maritime sector by establishing Green Corridors: specific shipping routes where the economics, infrastructure, and logistics of zero- or near-zero emission shipping are more ...
Johannah Christensen Laure Baratgin Charis Plakantonaki Rashpal Bhatti Getting To Zero Coalition Rio Tinto

MABUX: Bunker Market Continues its Increased Volatility | Hellenic Shipping News Worldwide

There is still no firm trend in the global bunker market amid the ongoing military conflict in Ukraine. Over the Week 14, the MABUX Bunker Index showed slight irregular changes. The 380 HSFO index fell by 9.15 USD: from 726.25 USD/MT to 717.10 USD/MT. The VLSFO index rose by 1.46 USD: from 943.06 USD/MT to ...
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