Global shipping's climate strategy is vague, but it may be pointing in the right direction
The shipping industry is responsible for about 3% of global greenhouse gas emissions, more than Canada and Ireland combined.
Source: alaskabeacon.com
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Global shipping has a new climate strategy – it's vague, obscure and almost noncommittal, but it may be pointing the industry in the right direction
International shipping accounts for about 3% of global greenhouse gas emissions. Richard Ross/The Image Book via Getty ImagesThe world’s largest shipping companies are starting to update their fleets for a greener future. Maersk received the world’s first dual-fuel methanol container ship in July 2023, and dozens more container ships that can run on alternative fuels are currently on order. The industry – responsible for about 3% of global greenhouse gas emissions, more than Canada and Ireland c
Source: yahoo.com
EU ETS Could Create $20B Liability for Shipping Between 2024 and 2026
There has been extensive speculation of the cost for shipping from the European Union’s Emissions Trading System which starts to phase in as of 2024....
Source: maritime-executive.com
What the 2024 ETS price tag could look like for shipping
Based on current emissions, Hecla Emissions Management has calculated what the ETS bill will look like for shipping, beginning at EUR 3 billion in 2024.
Source: swzmaritime.nl
WSM and Affinity Shipping launch new compliance services entity
WSM has entered an MoU with Affinity Shipping to create an independent company that will deliver EU emissions reporting and trading services.
Source: ship-technology.com