Such is the serious fear of the global business organisation representing cargo owners which export and import across international supply chains, the Global Shippers Forum. Following the decade-long efforts of the International Maritime Organisation (…
Shippers Fear Carbon Tax Will Hike Freight Costs Still Higher Read More »
The drive towards shipping’s decarbonization is well underway. At present there’s a growing number of potential alternative fuels and technologies to achieve the desired goals, each with each benefits and drawbacks, from costs to production availabilit…
“Green Ammonia Will Be Cheaper Than Fossil Fuels Eventually”, says Yara 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 »
On a nation state level, governments can impose taxes on the sources of pollution at the point of production or sale, e.g. on petrol, with the aim that the taxes generated will cover the cost of dealing with the resulting pollution and incentivise redu…
Emission trading schemes and international shipping Read More »
The nascent industry of carbon storage and utilization could be of interest to shipping, when it comes to its decarbonization effots. In its latest weekly report, shipbroker Intermodal noted that “we have seen India and Pakistan suffering the last days…
Carbon Capture Could Be of Interest to the Maritime Industry Read More »