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Think Tank
Ocean Transportation: Page 78
BIMCO Adopts ETS Carbon Trading Clauses to Meet EU Requirements
BIMCO says its new ETS clauses have been developed for use with any applicable emission scheme, including, but not limited to, the EU ETS.
DNV Approves World’s Largest Green Car Carrier Design
The 234-meter-long, 40-meter-wide ship would be the world’s largest PCTC with 14 decks that allow 11,000 car equivalent units to be stored simultaneously.
Green Shipping Partnership Signed by Ports of Singapore, LA and Long Beach
The new strategy outlines the steps that the three ports will take to speed up the decarbonization of the shipping industry.
Israeli Ships Reroute to Avoid Houthi Attacks
Ships have begun diverting from passage through the Suez Canal, instead sailing around the Cape of Good Hope, clocking up 7,000 extra nautical miles.
Wind Power ‘Vital’ to the Decarbonization of Maritime Sector, COP 28 Told
Using wind energy for ships would free up decarbonized energy sources for other industrial sectors, says the International Windship Association.
Maersk Investing $500M in Southeast Asian Supply Chains
The company says it will continue to work closely with regional authorities to improve green fuel infrastructure for future ship fleets.
Shipping CEOs at COP28 Announce Collaboration to Decarbonize Industry
An “unprecedented” collaboration between global shipping lines will focus on regulatory measures needed to create the right investment conditions for shipping’s green transition.
Panama Chaos Grows as U.S. Diesel Shippers Bypass Canal
In the past, such delays tended to be related to maintenance work, and, as such, were mostly short-lived, but there is little relief in sight in the months ahead.
Panama Canal Water Levels Will Affect Western Trade in 2024
In response to the ongoing crisis, carriers have begun redirecting their shipments to the U.S. West Coast or have opted for alternative routes via the Suez Canal.
Bed Bath & Beyond Suing MSC for $300M
Bed Bath & Beyond wants MSC to pay roughly $150 million for damages as well as an equal sum for what the company described as exploitative and coercive behavior.
Maritime Emissions Trend Downwards, Report Says
The report's authors say it not only celebrates the progress made in certain areas but also highlights the ongoing challenges, underscoring the urgency for continued action and innovation.
The Panama Canal Is So Backed Up Ships Are Rerouting Through the Suez
It’s unlikely that the Panama canal will be able to increase traffic until the rainy season starts in mid-2024, according to experts.
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