Tag: green transition

On April 26 2024, the EU Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization, while taking steps to withdraw from the Energy Charter Treaty. 

Maersk has welcomed the world's first large methanol-enabled container vessel, Ane Mærsk, the first of the company's 18 large methanol-enabled vessels scheduled for delivery between 2024 and 2025.

China aims to produce more than half of the world's ships powered by cleaner fuels by 2025, according to guidelines published by the industry ministry.

AD Ports and Abu Dhabi Future Energy Company PJSC – Masdar have announced the signing of a Memorandum of Understanding (MoU) on green hydrogen production, on the sidelines of the UN Climate Change Conference, COP28, in Dubai.

The Monetary Authority of Singapore (MAS) has launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy), which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight sectors.

Hong Kong Maritime Week 2023 was launched this week to bring together maritime leaders home and abroad for a week of activities aimed at reinforcing Hong Kong’s position as an international maritime centre.

The Nairobi Declaration, signed by 20 African countries last week at the Africa Climate Summit in Nairobi, calls for new global taxes to fund their climate change action and adaptation, a move that could dramatically shift the balance of country positions at the IMO.

With the implementation of its new net zero strategy, which seeks to make Aberdeen the first net zero port in the UK by 2040, Bob Sanguinetti, CEO of the Port of Aberdeen, sees significant prospects for the port

During the first quarter of 2023, trade growth was positive for both goods and services, according to UNCTAD’s latest Global Trade Update. After the downturn in the second half of 2022, world merchandise trade rebounded in both volume and value.

Future alternative fuel technologies, such as hydrogen, ammonia, batteries, and biofuels, are expected to introduce new training for all seafarers, in addition to familiarization onboard, specific to the ship they are joining.