There are growing calls for a carbon tax on shipping emissions. Jim Loftis, Ciara Ros and Tatiana Freeman of Vinson & Elkins look at the recent proposal from Japan for a global carbon tax, assess it in the context of the existing approaches in othe…
Carbon Taxes in the Shipping Industry—Assessing Japan’s Proposal Read More »
With mounting global efforts to combat climate change, the shipping and offshore sectors are subject to ever-increasing scrutiny and regulatory intervention. Reed Smith shipping partner Nick Austin and associate Eleni Pilaviou highlight the significant…
Navigating decarbonisation – contractual considerations Read More »
The Clydebank Declaration was launched at COP26 in November 2021 with initial supporters including Australia, Belgium, Canada, Chile, Costa Rica, Denmark, Fiji, Finland, France, Germany, Ireland, Japan, the Republic of the Marshall Islands, the Netherl…
New research has found that where cyberattacks in the maritime industry lead to a ransom payment, shipowners pay more than $3 million on average to the perpetrators. The report, which was produced by maritime cyber security company CyberOwl and global,…
CyberOwl, HFW Report: Maritime Industry Pays Average $3m Ransom In Cyberattacks Read More »
There cannot be many people left in the shipping sector unaware that the International Maritime Organisation (IMO) has set a target of reducing annual greenhouse gas emissions in shipping by at least 40% by 2030 and pursuing a 70% reduction by 2050. As…
EEXI and CII – shipping’s next environmental challenge Read More »