Nations meeting at the United Nations International Maritime Organization (IMO) in London have adopted an initial strategy on the reduction of greenhouse gas emissions from ships, setting out a vision to reduce GHG emissions from international shipping…
UN body adopts climate change strategy for shipping Read More »
“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for …
BIMCO applauds new IMO emissions-strategy Read More »
After a four days of negotiations at the UN’s International Maritime Organisation in London this week, and a day before an historic decision to cut the global shipping sector’s greenhouse gases is due, calls for unity and consensus were made from both …
The current debate at the IMO and MEPC is attempting to focus on reducing the volumes of CO2 the escape from the exhausts of commercial ships. Many attempts have been made in recent years in this regard including installing scrubbers on the ship’…
The Shipping Industry & Global Warming Read More »
Container and, to some extent, dry bulk would probably be the shipping segments most affected by the recently announced US and China tariffs, Fitch Ratings says. However, the degree of impact will depend on the final terms of the tariffs, and the poten…
Fitch: Shipping Can Manage US-China Tariffs, But Risks Rising Read More »