The European Commission on Wednesday (9 December) published its strategy paper ‘Sustainable and Smart Mobility Strategy-putting European transport on track for the future’.
When revising the Energy Taxation Directive, the Commission said it will aim at aligning taxation of energy products and electricity with EU energy and climate policies.
As part of the ongoing impact assessment, it is looking closely at current tax exemptions, including for aviation and maritime fuels, and will make proposals on how best to close any loopholes in 2021.
The taxation of energy content for various fuels should be better aligned, and the uptake of sustainable transport fuels better incentivised.
With regards to shipping, the paper states the deployment of alternative marine fuels, efforts under the zero pollution ambition should be made to drastically reduce the broader environmental footprint from the maritime sector.
The Commission also aims to prioritise the establishment of wide ranging ‘Emission Control Areas’ in all EU waters ultimately aiming at zero pollution to air and water from shipping for the benefits of sea basins, coastal areas and ports.
In particular, the Commission said it has spearheaded efforts for covering the Mediterranean Sea and it aims to start similar work for the Black Sea.
Furthermore, the EU legislation on ship recycling will be reviewed, in order to determine possible measures to strengthen that legislation, i.e. to further promote safe and sustainable ship recycling practices.
Photo credit: guillaume-perigois
Published: 11 December, 2020
‘We’re calling on the IMO to ensure that this ban will be in place by 2021,’ says Lead Advisor to the Clean Arctic Alliance.
NSW Ports targeting implementation in 2019 after consultation with relevant shipping lines.
Approximately 1,900 mt of marine fuel in bunker tanks, more than the 1,000 mt volume earlier reported.
Spill originated from a cracked underwater pipeline, admits General Manager of Pertamina refinery.
IMO needs to first define what is meant by ‘HFO’ as it isn’t clear what type of fuel the ban might apply to.
‘This bill provides a roadmap for ocean and coastal climate resilience, and responsibly uses them to curb the pollution that is intensifying the climate crisis,’ said Chairman.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.
NBF mulls use of blockchain-based registry of trade finance transactions as secure central database for the banking industry to streamline documentation processes and resolve transparency issues.
