520 results found for 'COP28'

520 results found for 'COP28'
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  • Poseidon Principles signatories make progress in decarbonizing shipping

    20 December 2021
    Business & Finance, Business Developments & Projects, Certification & Classification, Environment, Outlook & Strategy, Regulation & Policy, Transition

    11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.

  • High level of interest in zero-emission fuels to put Spain on green shipping corridors map

    21 June 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development, Transition

    With high levels of interest and varying degrees of activity around zero-emission fuels as well as favourable conditions for the potential bunkering of hydrogen-based zero-emission fuels across its major ports, Spain is well positioned to develop green shipping corridors to Europe and beyond, according to a new study by Global Maritime Forum. The study “Green […]

  • Sustainable transport firms unite around carbon-neutral bunkering

    10 November 2021
    Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Sustainable cargo initiative GoodShipping has unveiled a new partnership with 18 companies that will substantially reduce emissions from shipping.

  • CMA CGM launches 1st low-carbon shipping offer based on biomethane

    8 April 2021
    Business Developments & Projects, Environment, Infrastructure, Innovation, Transition, Vision

    French shipping and logistics giant CMA CGM is launching the first low-carbon shipping offer based on biomethane that supports the group vision to become carbon-neutral by 2050.

  • 10 oil majors in joint action against global warming

    16 October 2015

    The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy – today declared their collective support for an effective climate change agreement to be reached at next month’s 21st session […]

  • Masdar: African hydrogen market primed to boost GDP by $120 billion and create up to 3.7 million jobs by 2050

    15 November 2022
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Africa has the potential to capture as much as 10% of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as $120 billion to the continent’s gross domestic product (GDP), according to a new report by Abu Dhabi’s renewable energy company Masdar. The landmark report was issued […]

  • Marine insurers agree framework to support green shipping

    15 December 2021
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Safety, Transition

    Six of the world’s leading marine insurers have launched an initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.

  • ECSA: Maritime-specific rescue and recovery plan is urgently needed

    3 April 2020
    Authorities & Government, Business & Finance, Infrastructure, Regulation & Policy, Vessels

    ECSA stressed that more sector-specific actions are needed to save the European shipping industry.

  • Proman Stena Bulk makes waves with 1st barge-to-ship methanol bunkering on US Gulf Coast

    24 April 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, has completed the first-ever barge-to-ship methanol bunkering on the US Gulf Coast. The JV tankers Stena Pro Marine and Stena Prosperous were refuelled with methanol via barge while discharging clean petroleum products at a terminal in the Port of Houston in the first week […]

  • NGOs launch campaign against TotalEnergies’ project in South Africa

    18 October 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    Two organizations have launched a campaign calling on TotalEnergies to renounce its offshore oil & gas projects in South Africa.

  • UK trade body on the lookout for new boss as current one prepares for exit after 8 years

    4 July 2022
    Authorities & Government, Human Capital, Outlook & Strategy

    Offshore Energies UK is starting the search for a new chief executive as its current one will be stepping down at the end of the year.

  • Ships transiting Panama Canal save 16 million tons of CO2 in 2021

    1 February 2022
    Environment, Infrastructure, Regulation & Policy, Transition, Vessels

    The Panama Canal contributed to the reduction of 16 million tons of carbon dioxide (CO2) equivalent emissions in 2021, in comparison to the most likely alternative routes.

  • Shipping ‘partially on track’ on decarbonisation targets, moving from pilots to production of zero-emission fuels now crucial

    22 September 2022
    Environment, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Transition

    The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Level Champions. The findings show […]

  • Core Power unveils clean fuel solution for North Atlantic green shipping corridor

    14 July 2022
    Business Developments & Projects, Infrastructure, Innovation, Outlook & Strategy, Transition, Vision

    Core Power has presented a clean fuel solution for the planned Atlantic green shipping corridor.

  • Oil & gas plays trump low-carbon investments in H1 2022, says WoodMac

    14 July 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Instead of the anticipated ramp-up of green investments, WoodMac, points out that pure oil plays still trump low-carbon diversification.

  • Norway: 700 low-emission and 400 zero-emission ships needed to achieve 2030 climate goal

    7 November 2022
    Authorities & Government, Collaboration, Environment

    To achieve 2030 national climate goals, 700 low-emission and 400 zero-emission ships will be required in Norway alone, according to Norwegian maritime organisations and shipping industry.

  • UK Govt assigns £60 million for clean shipping

    29 September 2022
    Authorities & Government, Business & Finance, Green Marine, Project & Tenders, Research & Development, Technology, Transition

    The UK Government is launching a £60 million (approximately $64.7 million) clean maritime competition aimed at helping finance innovative projects that can facilitate the maritime sector to cut its greenhouse gas emissions. The announcement coincides with World Maritime Day, which this year focuses on the theme of ‘New technologies for greener shipping‘. This is the third […]

  • WGC Paris set to tackle urgent energy challenges

    22 April 2015

    With thousands of delegates already registered to attend, the 26th World Gas Conference is shaping up to be a pivotal event for the energy sector in 2015. As one of the industry’s most important gatherings, the event has already attracted participation from more than 100 countries and 600 organisations, with delegates representing technical, engineering, strategic […]

  • African nations back carbon levy on shipping

    11 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for new global taxes to fund climate change action and adaptation efforts. The Nairobi Declaration underscores […]

  • DFDS, UK and French ports pursue green corridor on Dover Strait

    24 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Ferry operator DFDS, the Port of Dover, Port Boulogne Calais, and Dunkerque-Port have signed a memorandum of understanding (MoU) to collaborate on decarbonizing maritime traffic on the Dover Strait. The agreement was reached at the recently held Anglo-French summit with the aim of accelerating efforts between the UK and France to establish green shipping corridors […]

  • ​​​​​​​Shipping bodies say it’s time for world leaders to consider the role of MBMs

    21 April 2021
    Authorities & Government, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.

  • Canadian LNG exports to Asia could cut emissions by the equivalent of removing all vehicles from Canadian roads, new study shows

    7 November 2022
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development

    Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads, according to a new study from energy research and consultancy firm Wood Mackenzie. The study, commissioned by the Canadian Energy Centre, coincides with the COP27 world climate summit being held in Egypt. […]

  • What Will Be the Role of Biofuels in Shipping’s Decarbonization?

    11 December 2019

    One of the major concerns related to biofuels’ role as the zero-carbon fuel of the future is the availability shortage.

  • Green hydrogen fuels to decarbonise 80% of global shipping

    13 October 2021
    Environment, Outlook & Strategy, Regulation & Policy, Research & Development, Transition

    A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds.

  • Adani Ports joins Science Based Targets Initiative, gets green light for KPCL acquisition

    24 July 2020
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics

    APSEZ has signed up for the Science Based Targets initiative (SBTi) and received clearance from India for the Krishnapatnam Port acquisition.