16 NOV 2021 After saying that it fears the EU’s FuelEU Maritime program might be a missed opportunity, the European Community Shipowners’ Associations (ECSA) is taking on one of the most controversial sections of the proposal the EU Emissions Trading System. In a newly released position paper, the industry group …
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11 NOV 2021 Carbon dioxide (CO₂) emitted by burning fossil fuels for energy today will only be removed from the atmosphere by natural sinks – like forests and the ocean – in the next 300 to 1,000 years. That means the climate benefits of transitioning to clean energy become apparent on …
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11 NOV 2021 In a forecast issued last week during the COP26 summit, Danish Shipping Finance (DSF) predicted that decarbonizing the global shore side economy will result in a smaller shipping industry – indirectly helping shipping to reduce its emissions. The report echoes the findings of ABS’ global sustainability team, …
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10 NOV 2021 Last week, three workers were killed during the decommissioning of an aging FSO off the coast of Libya, according to operator Mellitah Oil & Gas. Mellitah put the Sloug up for bid in early 2020, offering up the vessel and any residual hydrocarbons inside of it on an as-is/where-is …
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09 NOV 2021 Shipping, which transports 90% of the world’s trade, contributes nearly 3% of global emissions – a little more than the carbon footprint of Germany. If gone unchecked, this share could increase to 17% by 2050 as the world’s GDP keeps growing. Curbing shipping emissions has been a …
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15 NOV 2021 About 1.5 million Americans are diagnosed with diabetes every year. The vast majority of cases (90–95 percent) will be type 2 diabetes, a chronic health condition that can lead to heart disease, kidney disease, vision loss, and more. For a subset of these patients, it doesn’t have to be that way. A …
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