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Shipping - the trillion-dollar challenge
24 January 2020The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester
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Shipping industry cuts sulphur limit for marine fuel
06 January 2020The maximum sulphur content of marine fuels was slashed by regulators in a bid to reduce air pollution, although campaigners warned more work is still required by the industry.
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Shipping industry's $5bn decarbonisation research commitment judged too small
20 December 2019Proposals by the International Chamber of Shipping (ICS) for a $5 billion levy on shipping to fund research into how to decarbonise the industry was dismissed as "a drop in the ocean" by environmental campaigners.
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Shipping's historic pledge saluted but "could have gone further"
16 April 2018A firm commitment from the shipping industry to cut emissions – the first from the sector – has been welcomed by industry observers but some believe it could have gone even further.
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Ship owners and NGOs object to EU ETS reform proposals
19 December 2016A proposed revision of the EU's pioneering Emissions Trading System (ETS) is facing strong opposition from ship owners and some environmental NGOs.