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Shipowners are facing demands from multiple sides to enhance the green profile of vessels. Counting direct emissions (from fuel) has limitations and might not provide the complete picture of the emissions associated with operating a vessel. In this session, Rasmus Elsborg-Jensen is discussing the future need for voluntary emission reporting and what challenges this can bring when using the current framework.
On 8 June 2022, the European Union (EU) decided to impose a ban on seaborne imports of Russian crude oil and oil products. The ban on crude oil will take effect on 5 December and by then the EU must have found new suppliers and Russia must find new buyers.
“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration,” says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting.
The Chinese Ministry of Transport (MOT) has passed a new domestic emission control area regulation from 1 January 2019 in their territorial waters.
Since the beginning of 2019, the EU has had its own set of rules for ship recycling. The rules may even influence shipowners not using an EU flag.
Following today’s vote in the European Parliament, adopting a regional EU Regulation on the Monitoring, Reporting and Verification (MRV) of individual ship emissions of CO2, the International Chamber of Shipping (ICS), BIMCO and Intercargo have issued the following statement...
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