Tag: EU

The new €17 million European GAMMA project aims to make ocean transport and trade more environmentally friendly. Companies and researchers from Europe will collaborate to develop and convert a bulk carrier to operate on climate-neutral fuels and green power, reducing its impact on the environment.

European renewable ethanol producers have launched a legal challenge against the EU’s FuelEU Maritime Regulation, asserting that it fails to acknowledge the benefits of sustainable crop-based biofuels like renewable ethanol.

The Britannia P&I Club issued a circular which highlights recent key developments in the sanctions imposed against Russia by the UK, EU and US. 

The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime Organization (IMO), for a Zero Emission Shipping Fund (ZESF).

As of 30 January 2024, a EU decision has assigned administering authorities to shipping companies, marking one of the final stages in the implementation of the Emissions Trading System (ETS) within the Union. This decision establishes a system for trading greenhouse gas emission allowances (EUAs).

The European Commission has published the Transition Pathway for the European mobility industrial ecosystem to identify the ways to lead the green and digital transition.

The International Council on Clean Transportation (ICCT) released a new report informing that policymakers should increasing default methane slip value to at least 6% for LNG engine. The report characterizing methane emissions from ships fueled by liquefied natural gas (LNG) operating in Europe and Australia.

As risks of cargo diversion to the detriment of EU ports are becoming more and more real with the upcoming entry into force beginning of 2024 of EU ETS for shipping, FEPORT members who gathered in Antwerp for the General Assembly meeting of their organization.

Gas and Heat and RINA, have signed an agreement for the development of a cargo and fuel gas system for an ammonia fuelled bunker vessel.

According to World Economic Forum (WEF), with 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy.