Read all the latest news about CO2. ShippingWatch gives you independent, credible, critical and fair news.

Shipping has five days to discuss two crucial issues

In addition to the points written on the printed agenda, meetings held in the corridors at IMO's London headquarters also play a large part when it comes to decision-making in the MEPC. This week, ShippingWatch is looking into the formal and informal agendas for this week's MEPC meeting.

Speed limit may boost global fleet by 235 percent

While the IMO is really starting to discuss CO2 reductions, the European Commission has just highlighted speed limits as a very effective means to achieve that in a report. Lower speed would however require significantly more vessels. Read the entire report here.

Store shippingnationer er modstandere af fartgrænse

Meget tyder på, at kommende IMO-topmøde bliver en duel mellem to løsninger på, hvordan de kortsigtede CO2-mål i shipping skal nås. Flere har bragt en fartgrænse i spil, men på den anden side af bordet står flere store shippingnationer, herunder Danmark.

110 shipping companies support speed limit

Star Bulk, Navios and Safebulkers along with 107 other shipping companies support a proposal to implement speed limits on vessels to lower the industry's CO2 emissions in the short term, they write in an open letter ahead of an IMO meeting to be held in a few weeks.

110 rederier støtter fartgrænse forud for IMO-topmøde

Star Bulk, Navios og Safebulkers og 107 andre rederier støtter forslag om at indføre hastighedsbegrænsing på skibe for at sænke industriens CO2-udledning på kort sigt, skriver de i åbent brev forud for et møde i IMO om få uger.

France proposes speed limit for ships ahead of IMO meeting

Ahead of the meeting of the IMO's environmental committee, France has proposed introducing a speed limit on certain ship types in order to reduce their greenhouse gas emissions. The Norwegian Shipowners' Association and Danish Shipping have previously been critical to such a measure.

Pacific Basin: Sulfur and CO2 hold companies back from newbuild orders

Who wants to order a new ship that sails 14 knots, burns heavy fuel that will be illegal to carry as of January 2020, and is required to reduce CO2 emissions by 40 percent by 2030? Pacific Basin CEO Mats Berglund argues that environmental regulation will impact the global order book.

Maersk vil teste biobrændstof på stort containerskib

Maersk vil teste biobrændstof på triple-e-skibet Mette Maersk. Projektet er en del af rederiets mål om at gå i nul på sin nettoudledning i 2050 og sker i samarbejde med store selskaber som Shell, Heineken og Unilever.

Bimco doubts IMO's CO2 calculations

Bimco criticizes the IMO for using "unrealistically high GDP growth projections" in its predictions for future transport needs – and thus greenhouse gas emissions. The industry should base its actions on "realistic projections," says the shipping association.

MAN backs ambition for CO2 neutral ships by 2030

Major ship engine manufacturer MAN Energy Solutions supports Maersk's ambitions to launch CO2 neutral ships by 2030. "It is technically possible," the company's new Senior VP and Head of Two Stroke Business, Bjarne Foldager, tells ShippingWatch.

Maersk plans to launch its first CO2 neutral ship in 2030

Maersk has set itself 11 years to design and build its first CO2 neutral container ship, which will join the company's commercial fleet. "We need to have the first one ready by 2030, otherwise we won't have time to replace the entire fleet."

More carriers show interest in installing giant sails this year

Norsepower will soon close more deals with shipowners to install sails, explains CEO Tuomas Riski, who counts Maersk Tankers and Viking Line among his customers. Ultrabulk is also looking into the possibility of powering larger dry bulk vessels with windpower.

Several major shipping lines doubt Maersk's 2050 vision

Several of Maersk's competitors cannot get behind the vision of CO2 neutrality in 2050, though the container carrier is praised by politicians, NGOs and several international organizations for its anouncement. The IMO targets are ambitious enough, they say.

Maersk aims to reduce CO2 emissions to zero by 2050

Maersk's decision to become CO2 neutral before 2050 is met with widespread praise from stakeholders including a series of NGOs, which are normally critical toward the shipping company. One NGO warns Maersk to remember the short term in its climate ambitions.

Coal will be the green wave's first and biggest victim

The green transition is transforming the energy market and thus also the market for transporting coal, oil and gas. According to Wood Mackenzie, the downturn in coal transport is fairly clear, while the pattern looks different for gas in particular.

Norden CEO: Used vegetable oil may power world trade

Norden plans to use leftover vegetable oil to power its fleet in the future. "We had the test voyage in 2018, we will roll this out in 2019 and we can do it on a much larger scale in 2020," says CEO Jan Rindbo.

Kuehne+Nagel monitors liner companies' climate footprint

Kuehne+Nagel is monitoring the climate footprint of container ships with its Seaexplorer platform. "We've already seen packaging becoming more eco-friendly. But when we talk about sustainability, the middle part – the cargo part – is still missing," VP Paolo Montrone tells ShippingWatch.

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