The shipping industry is at a crucial turning point. As one of the largest contributors to global greenhouse gas (GHG) emissions—responsible for nearly 3% of the world’s total carbon emissions—shipping faces mounting pressure to decarbonise. With ambitious targets set by the International Maritime Organisation (IMO) and growing demand from consumers for greener supply chains, zero-emission…
Reducing the carbon footprint associated with exporting goods abroad is not only environmentally responsible but can also contribute to cost savings and improved corporate sustainability. Here aresome tips to help businesses minimize their carbon impact in the process of exporting goods: Optimise Transportation Modes: Choose transportation modes that are more energy-efficient and have lower carbon…
The EU ETS is a cornerstone of the EU's policy to combat climate change and its key tool for reducing greenhouse gas emissions cost-effectively. It is the world's first major carbon market and remains the biggest one. It is an emission cap-and-trade system designed to curtail carbon emissions within the European Union. It sets a…
LNG is the most environmentally friendly, readily available fuel for shipping today – and in the foreseeable future, according to a new study. With the IMO’s 0.5% sulphur cap regulations coming into force next January, along with its target of halving C02 emissions from shipping by 2050, decisions need to be taken on alternative fuels.…
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