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SHIP DECARBONISATION DEAL
The K-pop cash flow: South Korean beats power India's FDI remixSouth Korean President Lee Jae Myung's visit to New Delhi signals India's strategic push for large-scale FDI in advanced manufacturing and ...- India's steel exports to Europe set to drop as EU carbon tax loomsIndian steel exports to Europe will likely decrease as the European Union's carbon tax begins next month. Mills are now exploring new marke...
- US sinks international deal on decarbonising shipsAn international vote to approve a global carbon pricing system for maritime emissions was delayed by a year after the United States threat...
- India secures first global order to build LNG-powered container ships worth $300 millionCMA CGM, a global container carrier, has signed a letter of intent with Cochin Shipyard for six LNG-powered box ships, marking India's firs...
- Nations meet to consider regulations to drive a green transition in shippingNations are meeting in London to decide on new rules for global shipping. These rules aim to put a price on greenhouse gas emissions from s...
- Top shipping players want overhaul of UN ship fuel emissions dealLeading shipping companies, including Greek players, are pushing for changes to a UN deal aimed at cutting marine fuel emissions, citing co...
- US tells countries to reject UN ship fuel emissions deal or face tariffs, sources sayThe United States is warning nations against backing a United Nations' plan to cut marine fuel emissions. Washington threatens tariffs, vis...
- India votes in favour of first global carbon tax on shippingIn a landmark decision, India and 62 nations approved a global carbon tax for the shipping sector. The UN's shipping agency finalized the a...
- Ohmium International to double electrolyser manufacturing capacity to 4 GW by 2026Ohmium International, headquartered in the US and specializing in electrolyzer systems for green hydrogen production, plans to double its m...
- Red Sea crisis puts spotlight on building an Indian shipping line. But can it really help?Trade experts expect tangible gains only over a long term, with both threats and opportunities being present if India looks at developing a...
- Decarbonising shipping to cost over $100 bn per year: UNWednesday's report highlighted that the global shipping industry remains resilient despite challenges stemming from the Covid pandemic and ...
- Maritime industry explores nuclear power for ships as technology opens upThe shipping industry contributes about 3% of the global carbon dioxide emissions and the entire industry is facing immense pressure from s...
- HDFC Mutual Fund launches HDFC Transportation and Logistics FundHDFC Transportation and Logistics Fund aims to create a diversified portfolio with a flexi-cap market approach. The stock selection will ha...
- The EU’s CBAM aims to stop carbon leakage — if EU industry moves out and emits, what is the point of the Green Deal: Virginijus Sinkevicius"EU region countries have an ambition, a concrete plan and legislation towards this. The second pillar is our nature restoration and biodiv...
- EU lawmakers clinch compromises on carbon market overhaulThe changes would scale back a planned new carbon market to impose CO2 costs on suppliers of the fuels used in buildings and transport. The...
- UN shipping talks fail to speed up faster carbon exitAmong the discussions that will extend into 2022 is a proposal to create a $5 billion research and development fund to find the right techn...
- Quad's climate talk keeps Indian concerns in mindThe fine print allows for some room for India to forge a unique approach to addressing climate change, keeping in mind its growth requireme...
- Shell seeks more clarity on decarbonisation policy and further reform in power sectorReforms will remove hurdles to open access and allow power trading exchange to grow
- Shipping industry joins global effort to tackle climate changeAddressing the plenary, IMO Secretary General Kitack Lim stressed that while the agreement may not be perfect it sent a clear signal to the...
- Shipping industry joins effort to tackle climate changeThe landmark agreement, by member states of the International Maritime Organisation, strikes a compromise between the interests of differen...
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