Decarbonising the maritime sector

news item image
In the quest for a greener and more sustainable future, the maritime industry has found itself at the forefront of efforts to reduce greenhouse gas (GHG) emissions.
The European Union’s FuelEU Maritime regulation and the International Maritime Organisation’s (IMO) decarbonisation strategy have set the scene for decades to come, in a critical transition for the shipping industry.
With the GHG Reduction targets at the core of the FuelEU maritime regulation much-needed incentives to create an effective and planable framework for shipping companies have finally arrived, now it is time for action for the shipping sector.
Trade routes
The maritime industry is a pivotal component of global trade and transportation.
However, according to the IMO, shipping is responsible for 2.9% of global GHG emissions.
The EU, as a frontrunner in climate efforts, has recently agreed upon its strategy to reduce its marine footprint by incentivising the use of low-carbon fuels and fostering the adoption of alternative energy sources.
FuelEU Maritime is a new European regulation starting in 2025 and establishing a requirement to...

To continue reading this article you need to be logged in. Register for free or log in here.

219 queries in 0.729 seconds.