Brazil, India, Argentina and Saudi Arabia have delivered a joint submission to the International Maritime Organization (IMO) to delay a 2050 greenhouse gas (GHG) emissions target for the shipping industry.
The draft global agreement, to reduce GHG emissions by 2050 and achieve a zero carbon sector by 2075, was due to be finalised in April, according to Climate Home News.
The group proposed to delay developments to: “No later than in the second half of this century”.
According to Paulo Chiarelli, director of climate change at the foreign ministry of Brazil, developing countries will be hit hardest by the transition cost of moving towards a low carbon shipping sector.
The proposed strategy should “give a signal to the private sector that the transition is inevitable,” and “the trade in food and food security should not be threatened in any way by whatever measures the IMO agrees,” he says.
Photo credit: Climate Home News
Published: 12 March, 2018
It is clear many shipping organisations and several Member States want regulations preventing the supply of bunker fuels below the SOLAS flashpoint limit of 60⁰C.
‘This is the right plan at the right time. Hydrogen is the missing link in Europe’s strategy to decarbonise planes and ships where electrification is not an option,’ Executive Director.
Companies will collaborate and identify opportunities to help transition from current marine fuels to alternatives such as LNG, biofuels, and methanol.
‘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.
BIMCO’s Deputy Secretary General argues what is missing are market-based measures for evening out operating expenses between old and new ships.
Options on the table for ECA extension, domestic newbuilding emission standards, alternative fuels and more.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
