21/04/2021at 15:23

US stance on CO2 could radically change the IMO's climate agenda

Nordic carriers are positively attuned to the announcement from the White House to make the shipping sector CO2-free by 2050, believing it will change the IMO's agenda, while others are more hesitant. Drastic changes are required, they say.

US President Joe Biden with John Kerry, the nation’s first Special Presidential Envoy for Climate. | Photo: Andrew Harnik/AP/Ritzau Scanpix

by TOMAS KRISTIANSEN, DANIEL LOGAN, IDHA TOFT VALEUR

The recent announcement from the US, which raises the shipping industry's climate ambitions significantly, is being very well received at several Nordic carriers and their organizations.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

US wants to cut shipping's CO2 emissions to zero by 2050
For subscribers
Shipping organizations want world leaders to discuss CO2 tax
For subscribers
Biden administration to multiply offshore wind capacity by 2030
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

The tanker liner has hired a new CFO with a long history in shipping and energy sector alike. | Foto: Pr / Bw Lpg

Carriers

BW LPG poaches new CFO from Vopak

The employment comes a mere week after the tanker carrier’s previous CFO resigned, effective immediately, to pursue other interests.

For subscribers

Archival photo. Container ships at the port in Keelung Harbor, Taiwan, on Aug. 6, 2022. | Foto: Jameson Wu/Reuters/Ritzau Scanpix

Carriers

Shipping companies hand workers major bonuses as mid-year bonus

Carriers

Christian Stadil sued for millions after bankruptcy at Thorco Shipping

For subscribers

Foto: Nick Oxford/Reuters/Ritzau Scanpix

Offshore

Oil climbs on US debt ceiling clarity

Carriers

Canadian carrier completes managerial changes

For subscribers

Offshore

Newly founded offshore wind carrier taps into Taiwan

For subscribers

EU sharpens demands for shipping's CO2 emissions ahead of decisive IMO meeting

The EU nations propose new intermediate targets for the shipping industry’s climate plan towards 2050, including an aim to have 10 percent of fuels coming from sustainable sources in 2030.

For subscribers

Container

CMA CGM completes acquisition of French shipping company

The French container and logistics operator intends to use freight and passenger shipping company La Méridionale for a ”green corridor” in the Mediterranean.

For subscribers

”I believe that what we see in the US and also a bit in Europe in different ways is that industrial policy from the side of the government is getting increasingly important," said Maersk CEO Vincent Clerc (left) in a discussion with Danish business minister Morten Bødskov on Danish Shipping's annual day. | Foto: Carsten Lundager

Regulation

Vincent Clerc: Only state intervention can ensure the green transformation

Deregulation belonged to the 1990s – now it’s time for industrial policies along with state management of energy supplies and green transition efforts, says Maersk’s CEO.

For subscribers