UNCTAD’s Review of Maritime Transport 2023 calls for a “just and equitable transition” to a decarbonized shipping industry. The sector, whose greenhouse gas emissions have risen 20% over the last decade, operates an ageing fleet that runs almost exclusively on fossil fuels. As global leaders prepare for the next UN …
The owners of a stricken container ship wrecked on a reef off a popular New Zealand holiday spot have been charged with causing the country's worst environmental disaster in decades, maritime officials said on Thursday. Daina Shipping, a unit of Greece's Costamare Inc., has been charged with discharging harmful substances …
New Delhi: After a carbon tax was levied on aviation by the European Union (EU), the government is now preparing for a possible trade war with the European Commission (EC) imposing a similar tax on shipping business as well. The move can increase freight rates by 3%-15%. With the EU …
Small hydro power is witnessing a curious case of opposing perceptions. While the Central Electricity Regulatory Commission (CERC) thinks there is no need to revise the price estimates set three years ago, the independent power producers feel the pinch of escalating costs and squeezing margins.
The International Maritime Organization (IMO) could soon find itself butting heads with Brussels over how best to tackle emissions from international shipping, analysts say, after the UN shipping body was unable to make "tangible progress" in this area at last week's major meeting.
The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide emissions from international shipping, putting it on a policy collision course with the European Union, observers said. A committee of the 170-member United Nations shipping body was unable to make "tangible progress" after a …
Legislators in the European Parliament backed plans on Thursday to limit the maximum sulfur content of shipping fuels to 0.1 percent in some cases, meaning ships would need to switch fuels or be fitted with exhaust filters. "Urgent action is needed to stem the rapid growth in pollution from shipping, …
Cash raised by the shipping industry's efforts to cut carbon emissions might be directed to developing countries to help them tackle climate change, according to a draft document seen by Reuters at United Nations climate talks on Tuesday. The text proposes that money raised by "specific actions" to reduce emissions …
The world shipping industry could accept a global levy on carbon emissions from merchant ships under a deal that would also channel proceeds to poor countries, according to an announcement at the UN climate talks on Tuesday. Maritime transport accounts for roughly three percent of world emissions of greenhouse gases. …
The Review of Developments in Transport in Asia and the Pacific 2011 is a biennial publication of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The review contains: the changing economic and social landscape; railways; roads and highways; maritime ports and developments in shipping; dry …
The Ship Breaking and Ship Recycling Rules-2011 herein after referred to as `Rule' has been formulated in pursurance of the Hon'ble High Court Division of Supreme Court, in writ petition No. 7260 of 2008 dated May 24, 2011 taking into consideration the directions contained in the order. `Rule' means The …
Shipping’s share of UK carbon emissions could rise from about 2.5 per cent to as high as 25 per cent by 2050 without decisive action, according to the carbon emissions watchdog. The report, published on Thursday by the Committee on Climate Change, says there is scope to go much further …
The 2011 Review of Maritime Transport, published by the UNCTAD highlights challenges of adapting maritime transport to the impacts of climate change, primarily sea-level rise, and provides an update on the development of measures to reduce greenhouse gas (GHG) emissions from maritime transport. A chapter on developments in sea-borne trade …
The objective of this paper is to examine the viability and potential effects of different actions that Germany and the European Union (EU) can take to curb the growth of GHG emissions from the international transport sector. It analyzes different options that policy makers have available to reduce transport induced …
Global economics, not declining sea ice, is driving ships to the Arctic Ocean. Only international regulation will protect the region, says Lawson Brigham.
Minister of shipping GK Vasan announced that the union shipping ministry would regulate the movements of ships that are more than 25 years old, in Mumbai on Saturday. Vasan, in his speech at the valedictory function of the golden jubilee celebration of the Shipping Corporation of India Ltd in Mumbai, …
WASHINGTON: The World Bank and IMF are proposing global carbon taxes on aviation and ship fuels in developed economies to help reduce carbon dioxide emissions, according to a draft proposal seen by AFP on Friday. The proposal suggests an international charge on aviation and maritime bunker fuels of $25 per …
The National Envir-onmental Engineering Research Institute (NEERI) in its report on the oil spill in the aftermath of the collision between MSC Chitra and MV Khalijia III that occurred in August 2010 has estimated damage to the environment to the tune of `525.186 crores. “We have come out with a …
Indian shipping companies, reeling under low freight rates and high fuel prices, will face further cost pressure due to new emission norms set by International Maritime Organisation (IMO). Shipping firms, including the country’s largest — Shipping Corporation of India — may have to spend more than . 1 crore per …
New Delhi: The shipping ministry is planning to put restrictions on the entry of over 25-year-old ships to Indian coasts to avoid the recent RAK Carrier-like incident that occurred in Mumbai. A notification to this effect is likely to be issued within a week that will stipulate certain conditions and …
