USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows
LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research
2030 shipping goal at risk despite historic progress made by IMO: New report
COPENHAGEN: The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to
New report highlights the important role of voluntary insetting in accelerating shipping’s energy transition, with caveats
LONDON : New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the maritime sector suggests that they could play a vital role in catalysing shipping’s decarbonization during
New analysis is a wakeup call for shipping industry’s leaders to get serious on voluntary climate standards, as time is running out
LONDON : A new study by UCL Energy Institute Shipping and Oceans Research Group, Wageningen University & Research, and University of East Anglia, revealed that private voluntary standards, such as the Poseidon Principles and
IMO’s Net Zero Framework sends a clear signal to shipowners to order ammonia dual fuel ships, but remaining uncertainties undermine early investment in e-fuels
LONDON : A new study released on Thursday, May 29 by UMAS and UCL Energy Institute Shipping and Oceans Research Group, and undertaken for Global Maritime Forum, shows that under the parameters principally agreed
Fossil fuels set to be the minority of energy used in international shipping by 2040
LONDON : The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not reduce the sector’s emissions in line with targets in the IMO’s revised
The uncertainty and instability created by a credit-trading policy architecture, favours states with strong industrial policy
LONDON : A new report from UCL’s Energy Institute Shipping and Oceans Research Group shows that biggest implication of the three policy scenarios currently being debated is the level, stability and predictability of revenue
Support grows for the GHG levy, as more countries see it as a viable measure to meet climate and equity goals of the IMO
LONDON : The 18th Intersessional Working Group on GHGs has concluded with the GHG levy in combination with a Global Fuel Standard as the most favoured candidate mid-term measure for reducing GHG emissions from
