The Clean Arctic Alliance has welcomed the submission of a proposal to the International Maritime Organization (IMO) to introduce a mandatory fuel measure to reduce black carbon emissions from shipping in the Arctic. The proposal, which was submitted by Denmark, France, Germany and the Solomon Islands, will be considered by the IMO’s Sub-Committee on Pollution Prevention and Response at its next meeting (PPR 13) in February 2026. It would amend MARPOL Annex VI to incorporate new requirements for fuel oil used by ships when operating within wider Arctic waters. The exact geographic area where the proposal would apply remains to be […]

The sixth annual report of the Poseidon principles indicates that the financial sector’s alignment with the minimum net-zero goals set by the International Maritime Organization (IMO) has improved by nearly 8% compared to the previous year. The average climate alignment score to the IMO’s Revised GHG strategy was +11.7% for the ‘minimum’ trajectory and +18.4% for the ‘striving’ trajectory, based on 2024 data. The metric measures the difference, as a percentage, between the actual emissions intensity of vessels in a financier’s portfolio and the emissions intensity limits under the IMO Strategy’s decarbonisation trajectories. The latest data shows a 7.7 percentage […]

Speaking at yesterday’s (10 December) launch of the United Nation’s Decade of Sustainable Transport initiative, the World Shipping Council’s (WSC) President & CEO Joe Kramek stressed the importance of including the ‘ocean leg’ in developing sustainable supply chains. Kramek also emphasised that shipping’s energy transition is ‘a major opportunity for nations to invest in renewable marine fuels and infrastructure’. The WSC chief explained: ‘Liner shipping is investing $150 billion to build 1,035 dual-fuel ships by 2030, designed to run on low- and zero-GHG fuels. These are firm orders already placed. We hope the Decade of Sustainable Transport can bring the […]