Total emissions from container shipping in the first 10 months of 2024 are up 13.8% globally compared to 2023 and on track to set a new all-time record for the full year. The latest data, released and analyzed by Xeneta and Marine Benchmark, shows the …
As 2024 draws to a close, the shipping industry is facing up to an increasingly complex and rapidly evolving regulatory landscape over emissions. With the European Union’s FuelEU regulation set to take effect in January 2025, shipping companies face a …
Pressing FuelEU deadline demands attention Read More »
Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aim…
Global shipping finance portfolio moves closer to alignment with net zero climate goals Read More »
Carbon capture, utilization, and sequestration (CCUS) is shaping up to be an important decarbonization lever owing to its ability to tackle emissions in hard-to-abate sectors. The value chain involves transporting the CO2 that is captured from large st…
The Shipping Industry Can Help Carbon Capture Sail Ahead Read More »
A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential…