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Ireland · IrelandAcknowledging the growing pressure from global competition and rising security risks on Europe’s shipbuilding, maritime manufacturing, and shipping sectors, the European Commission is working on an EU Ports Strategy and an EU Industrial Maritime Strategy. It stated that as gateways for trade, logistics, energy, and military mobility, ports must fit to support the region’s future The EU is investing in a range of projects to reduce the environmen…Read Article
EU Commission Working on Ports and Industrial Maritime Strategies

United Kingdom · United KingdomAs the global shipping industry strives toward the net-zero 2050 target, multiple emissions trading systems (ETS) or schemes govern maritime emissions. The emissions trading system or scheme is a market-based, cost-effective approach to reducing greenhouse gas (GHG) emissions. Also known as a ‘cap and trade’, the system motivates companies and other entities to cut emissions UK maritime ETS will initially cover domestic voyages with 100 percent …Read Article
Multiple Emissions Trading Systems Govern Maritime Industry

Miami, Florida · MiamiIcon of the Seas – Image credit Royal Caribbean Group – ABB signs a long-term service agreement to enhance vessel efficiency and strengthen collaboration on maritime decarbonization – Agreement includes maintenance commitment for 33 ships equipped with Azipod® propulsion ABB has signed a 15-year service agreement with Royal Caribbean Group, a vacation industry leader with a global fleet of 67 ships across its five brands traveling to all seven c…See the Story