Tag: sustainability

In light of climate change and its impact on the Arctic region, Dr Sian Prior, Lead Advisor to the Clean Arctic Alliance, urges the shipping industry to reduce, as soon as possible, ship speed to cut CO2 emissions globally, while also reduce black carbon emissions by changing to cleaner fuels in the Arctic.

At the end of May, California Senate passed the 'California Circular Economy and Plastic Pollution Reduction Act' according to which the producer manufacturers and retailers in California should reduce the waste generated by single-use packaging and products by 75%  by 2030 through producing less plastic, recycling more of it, making reusable packaging, or using compostable materials.

Bureau Veritas launched the Circular+, which is a new approach towards sustainability, based on services that will help companies transition to a circular business model. Today, companies aspire to meet future regulatory requirements and exceed customer expectations. 

The Australian Maritime Safety Authority published a report, along with additional stakeholders, focusing on an exercise based on an oil spill scenario in waters near remote communities in the Torres Strait. The Exercise Torres 2018 practised a multi-agency and multi-jurisdictional response to an oil spill. 

In the 5th version of European List of ship recycling facilities, the European Commission added eight new yards to the List. These include 7 European yards, namely 2 in Denmark and 5 in Norway, as well as 1 yard in Turkey. With the new update, the European List of ship recycling facilities currently contains a total of 34 yards.

The European Commission launched its assessment of Member States’ draft plans, to implement the EU’s Energy Union goals, focusing on the agreed EU 2030 energy and climate goals. The assessment highlights that although the plans represent significant efforts, there’s still room for improvement, concerning individual policies to be sure of the efficient delivery of 2030 targets.

Bunge became the first in its industry to join the Ship Recycling Transparency Initiative, an online platform which gathers information from shipowners on key disclosures regarding social and environmental measures. SRTI and its members aspire to tackle challenges in parts of the ship recycling industry, including pollution in the environment and occupational health and safety risks for workers.

Shipping banks will for the first time incorporate climate considerations into lending decisions to incentivize maritime shipping’s decarbonization. Namely, the Poseidon Principles will be a framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios.

The European Commission launched the second edition of the 'Blue Economy Report' during the opening of the 2019 European Maritime Day conference in Lisbon. As 2019 focuses on boosting blue economy, the Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella presented the report. 

A study focusing on global forecasts of shipping traffic and biological invasions to 2050, Anthony Sardain, an invasion ecologist at McGill University in Montreal, Quebec, forecasts that the risk of marine invasions will rise three- to 20-fold in the next 30 years. The study explains 90% of the variation in global shipping traffic and a twofold increase in shipping using basic socioeconomic indicators and a temporal validation set.