More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully decarbonized by 2050, urging governments to step up action warning time was limited.With about 90% of world trade transported by sea
The United States is working with Norway, Denmark and other countries to develop zero-emissions fuel options for ships as part of a push to de-carbonize the industry, officials involved said.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions.In April, U.S.
The U.S. Navy called off its search for a sailor missing from aircraft carrier USS Theodore Roosevelt (CVN 71) after the crewmember reportedly fell overboard off the coast of Southern California.Search and rescue efforts ended at sunset Saturday after Theodore Roosevelt, USS Bunker Hill (CG 52), USS Russell (DDG 59), USS Howard (DDG 83), USS Charleston (LCS 18), USS Portland (LPD 27) the U.S.
Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to Europe’s carbon market.As the 27-country EU seeks to steer its economy towards “net zero” emissions by 2050, the executive European Commission wants to expand its carbon market to shipping.
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources said.The Freightos Baltic Global Container Index (FBX), a weighted average of 12 major global container routes, rose to $2
Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had a limited impact on global freight volumes.Maersk, the world’s biggest container shipping line, has recovered faster than expected after the pandemic halted trade around the world, benefiting from higher retail sales in the United States.
Belle Chasse, La. shipyard C&C Marine and Repair announced Wednesday it has delivered the first in series new 6,600-horsepower triple-screw towboats for Nashville-based Hines Furlong Line.Scarlett Rose Furlong measures 170’ by 50’ with the pilot house eyeline measuring at 39’-3”.Designed by CT Marine based in Portland, Maine, the vessel includes three Cummins QSK60-M main engines
Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trump’s rollbacks are on shaky ground because most were done not through Congressional lawmaking but via presidential executive orders that can be easily torn up
Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself, providing for nearly a half a million jobs, a cumulative $35 billion in personal income and a cumulative $98 billion in business income.
The latest report from the Khaled bin Sultan Living Oceans Foundation finds Palau’s reefs had the highest coral cover observed on the Global Reef Expedition—the largest coral reef survey and mapping expedition in history.Scientists at the Khaled bin Sultan Living Oceans Foundation (KSLOF) have released their findings on the state of coral reefs in Palau.
Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea, and the UN shipping agency the International Maritime Organization (IMO) aims to reduce overall greenhouse gas emissions by 50%
Construction of what has been described as the world's largest civilian/NGO hospital ship - the Global Mercy - is making progress and is nearing completion in China.Mercy Ships, an NGO which ordered the ship to deliver free healthcare services to those with little access in the developing world, and Stena RoRo, which leads the construction of the Global Mercy