ShippingWatch

A part of Watch Media

EU aims to include entire value chain in carbon accounting for new fuels

With a new proposal for the IMO's climate committee, the European Commission is kicking off a discussion that is still in its nascence: that carbon emissions from new alternative fuels need to be measured from the point of extraction or the start of production and include the entire value chain.

Photo: Thomas Borberg/pxtb04566.jpg
BY

With a new proposal on the future of alternative fuels, the EU is once again at the forefront of the green transition in the shipping industry, which has been IMO's province for years.

In a document just presented by the European Commission at initial meetings taking place as a run-off to the meetings in the IMO's environmental committee MEPC in November, the EU urges that the entire value chain is taken into account when the carbon impact of fuels are assessed going forward.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Seaspan to supply container fleet with green fuels

Foto: PR/Seaspan

Seaspan has a new strategy underway, through which the major tonnage provider plans to use its network to enter a number of a new business areas, with one area being delivery of green fuel to its customers.

Further reading

Related articles

Latest news

  1. Oil declines as market watches Russian pipeline
  2. Persistent Svitzer spat set to end in Australian labor court
  3. Ten people arrested for illegal fuel trade in Singapore
  4. Close cooperation among liner companies to be evaluated over the next eight weeks
  5. 12 ships have now sailed from Ukraine with grain cargoes
  6. Zacho: Global regulation the biggest challenge for green transition
  7. Seaspan to supply container fleet with green fuels
  8. South Korea accounts for over half of new ship orders globally
  9. ScottishPower to build hydrogen plant at Port of Felixstowe
  10. Felixstowe dockers offered GBP 500 bonus in bid to stop strike
  11. Borr Drilling presents major deficit after impairments from rig sale
  12. Oil prices advance on high demand in China and US
  13. PIL presents major 2021 profit after years of deficits
  14. Scan Global makes another upgrade to 2022 guidance
  15. Australian minister criticizes Svitzer in feud over labor agreements
  16. Ships resume Taiwan routes even as China continues to drill
  17. Shipping in a safe position despite shaky world economy
  18. Less congestion makes dry bulk rates decline
  19. Kuehne + Nagel offers carbon-free transport using biofuel
  20. MPA appoints new CEO

See all

Job

See all jobs

See all jobs