The International Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have formalised dialogue with the signing of an MoU on safety, pricing and carbon reduction.
Eurazeo’s Sutainable Maritime Infrastructure (ESMI) fund announced a EUR70m investment from the European Investment Fund (EIF) and its first transaction.
Insurer Allianz’s annual review of safety and shipping shows a record low in total losses, a higher number of incidents, and a focus on catastrophic cargo fires.
The Getting to Zero Coalition (GtZ) says revenues generated from shipping’s inclusion in the EU’s Emissions Trading Scheme (ETS) could be used to fund a ‘Contracts for Difference’ programme to support the development of new zero-carbon marine fuels.
The flows of tanker cargo have already been changed by the Ukraine war, now in its third month, with additional shifts, possibly of the “tectonic” variety, on the horizon.