EU: Agreement on $60 price cap on Russian seaborne oil
European Union tentatively agreed on a $60 a barrel price cap on Russian seaborne oil, along with an adjustment mechanism to keep the cap at 5% below the market price.
Read moreEuropean Union tentatively agreed on a $60 a barrel price cap on Russian seaborne oil, along with an adjustment mechanism to keep the cap at 5% below the market price.
Read moreThe “Fit for 55” proposals and more particularly AFIR, EU ETS and Fuel EU were among the topics that were extensively debated during FEPORT General Assembly meeting held in Brussels on November 30th.
Read moreAfter the European Parliament, Council and Commission reached a preliminary agreement on maritime elements of the EU ETS, the World Shipping Council (WSC) stated that "liner shipping is ready for the EU ETS Maritime".
Read moreAn effort to put a cap on the price of Russian oil is coming to a head this week, as EU diplomats will meet to set that price after discussions with the US and G7 nations.
Read moreFollowing a significant 45% fall in the number of passengers embarking and disembarking in EU ports in 2020 (compared with 2019), 2021 was more positive, with data showing a partial recovery.
Read moreIn the margins of COP27, the European Commission announced an additional 10 million euro for a project to reduce international shipping’s greenhouse gas (GHG) emissions.
Read moreThe US, the European Union, Japan, Canada, Norway, Singapore and the United Kingdom committed to taking swift action to address the two climate and energy security crises the world faces, by reducing greenhouse gas emissions from fossil fuels.
Read more84% of shipping traffic goes through Europe, China and the US, a new Transport & Environment (T&E) study shows. If these economies were to regulate ships calling at their ports, they could decarbonise the lion’s share of the industry and in doing so bypass the “ineffective” IMO, says T&E.
Read moreAs the trilogue negotiations on the revision of the Renewable Energy Directive (RED III) are progressing, ECSA calls on the Parliament and the Council to ensure that the requirements on fuel suppliers in RED III match the requirements placed on shipowners by FuelEU Maritime.
Read moreA group of companies, including among others Google, urged the EU to enact a policy framework that provides clarity as soon as possible while ensuring that hydrogen produced by electrolysis actually reduces emissions as the industry develops and scales.
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