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Maersk sets net zero CO2 emission target by 2050
Copenhagen, Denmark — Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2050. To achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in…
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World shipping industry agrees to reduce carbon emissions 50% by 2050
London, U.K. — Members of the UN International Maritime Organization on April 13 struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign fleets. “The initial strategy envisages…
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CMC endorses international C02 reduction targets
Ottawa, ON — The Chamber of Marine Commerce (CMC) is endorsing proposed international targets to reduce marine shipping’s carbon emissions per tonne-km by 50 per cent by 2050 in order to match the ambition of the Paris Agreement on climate…
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Shippers call for urgent action on maritime CO2 emissions
LONDON, U.K.–As the COP21 climate change talks get underway in Paris, the Global Shippers’ Forum (GSF) has called on the shipping industry to reach agreement on a market-based measure for carbon reduction or risk having rules enforced. The GSF has…