Sustainability

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Report presents features defining marine protected areas

International Union for Conservation of Nature (IUCN) launched several guidelines defining which are the protected areas and categorised protected areas through six management types and four governance types, also analyzing which are the features of specific areas that can not be classified as MPAs.

EU Commission to propose shipping inclusion in ETS in March

On 12 December, the European Commission will present the European Green Deal as part of its plan to be the first climate neutral continent by 2050, announced the European Commission’s recently-elected President, Ursula von der Leyen, on the sidelines of COP 25 underway in Madrid. 

CMA CGM joins UN Global Compact

On the occasion of COP 25, CMA CGM announced its participation in the United Nations Global Compact, highlighting its position on environmental protection and its role in the industry’s energy transition. CMA CGM will lead the path towards the shipping industry’s goals concerning the environment and will enable the Group to commit to trade focusing more on the respect of human rights, climate and the environment. 

Port of Rotterdam adopts revised vision for sustainable growth

Rotterdam adopted the revised Port Vision, which focuses on the creation of economic and societal value and achieving sustainable growth. The revised Port Vision was approved by the Port of Rotterdam Authority’s Supervisory Board earlier this year, replacing Port Vision 2030, which dates from 2011.

NYK granted Japan’s first sustainability-linked loan

Japanese shipping company NYK announced it has secured a syndicated sustainability-linked loan, Japan’s first advanced loan that allows for conditions such as the loan’s interest rate to be adjusted according to the borrower’s CSR performance.

Yamal LNG surpasses annual nameplate capacity

According to Yamal LNG’s statement, from the beginning of 2019, the plant produced more than 16.5 million tonnes of LNG, surpassing its annual nameplate production capacity. The LNG plant reached the 25 million tons of LNG since the beginning of Train 1 in December 2017; From that time, Yamal has dispatched more than 340 cargos.

COP 25 urged to include ocean in commitment and action

Following on the heels of the first ever IPCC Special Report on the impact of climate breakdown on the ocean, State Parties at the COP 25 Conference currently underway in Madrid must finally recognize the ocean within both their commitments and action, said One Ocean representing ocean NGOs from around the world. 

COP 25 opens in Madrid to push work against climate change

The 25th UN Climate Change Conference (COP 25) opened on 2 December, in Madrid, aiming to take the next crucial steps in the UN climate change process. Following agreement on guidelines of Paris Agreement at COP 24 in Poland, a key objective is to complete several matters with respect to the full operationalization of the Paris Agreement.

Panama Canal endorses sustainability across the shifting industry

The United Nations Conference on Trade and Development (UNCTAD) published its Review of Maritime Transport 2019 earlier in the year, addressing the shifting landscape and range of challenges, further highlighting the rising concern of climate change. Thus, as the Panama Canal underlines, climate change adaptation and mitigation have become urgent priorities across the maritime industry, leading to changes such as the IMO 2020 regulation or rise of climate-conscious shipping finance portfolios around the world.

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