• 2017 November 17 09:08

    ESPO welcomes the agreement between Parliament and Council setting a deadline for global solution on CO2 from shipping

    Last week, the European Parliament and the Council reached an agreement with regard to the CO2 emissions from shipping and agreed to align any EU action with the IMO timeline. This compromise is a part of the first reading agreement on the review of the EU Emission Trading Scheme (ETS) Directive. The agreed text wants the IMO to introduce an ambitious emission reduction target and accompanying measures by 2023. In particular, the agreement sets two milestones by saying that an IMO emission reduction target in 2018 as part of its initial strategy has become a matter of urgency and that action either at IMO or EU should start from 2023, ESPO said in its press release.

    In parallel, the agreement introduces a regular screening of the process at IMO level. The Commission should report at least once a year to the European Parliament and the Council on any progress achieved. Moreover, the European legislators stress that the ambitious emission reduction objective at IMO level will have to be consistent with the well below 2°C objective agreed under the Paris Agreement.

    “We welcome the agreement between the Parliament and the Council. The IMO is by far the right place to introduce a target and measures for shipping emissions. We need global action but we need it on time. There is a sense of urgency in order for the sector to contribute to the Paris objective to keep the increase of global temperature well below two degrees. We believe that in that context five years for achieving an agreement at global level is more than enough. The regular reporting should also help the EU and its Member States to sound the alarm if insufficient progress is made” says ESPO’s Secretary General, Isabelle Ryckbost.

    The EU and national climate measures that are currently being developed to implement the Paris Agreement, will oblige ports to reduce the carbon footprint of their land-based activities. These efforts should be accompanied by measures covering emissions generated at sea. The environmental reputation of the maritime and port sector is at stake. Moreover, ports, coastal cities and their local communities are amongst the most vulnerable to extreme weather conditions resulting from global warming.

    ESPO therefore believes that on the basis of available scientific evidence, the IMO needs to strengthen its efforts and submit an initial reduction target to the stock-take process of the Paris Agreement in 2018 accompanied by short-term measures. By 2023, IMO should introduce the necessary target and measures to bend down the CO2 emissions curve. In this context, ESPO supported the paper co-sponsored by IAPH at IMO.

    The ETS agreement is subject to a formal approval by Council’s COREPER and the plenary of the European Parliament.




2018 October 15

18:23 MOL joins hands with partners to launch FOCUS project
17:59 Moscow to host a conference on construction of LNG-powered and LNG bunker ships on October 24
17:46 Algoma announces cancellation of Croatian newbuilds contracts
17:05 Klaveness Combination Carriers AS registered on NOTC
16:56 Tall ships arrive at Port of Ipswich as part of 'Race of the Classics'
16:37 Coast Guard ends search after plane crash victims bodies are located
16:20 Krasnoye Sormovo shipyard delivers 8,140 DWT Pola Fiva, fifth dry cargo carrier of Project RSD59
16:04 DNV GL leads consortium to update Carbon Trust Floating LiDAR Roadmap
15:34 East Mediterranean projects take steps towards adoption of alternative fuels
15:04 NYK approves Japan Climate Action Summit declaration
14:51 Wärtsilä LNG solutions featured on environmentally advanced cruise ship
14:35 Coast Guard sets port condition X-ray in Georgia, South Carolina
14:17 Andrey Shunin appointed as General Director of Caspian Energy Management
13:28 Cooperation for sustainable shipping in the Mediterranean
12:41 ACL christens its newest G4 vessel, the Atlantic Sun
12:13 Kongsberg Digital and KPMG launch new complete cybersecurity partnership for the maritime industry
11:55 Nevsky Shipyard took part in Offshore Marintec Russia
11:19 ABS leads industry discussion on digitization, safety and compliance
11:12 New shipping route links Gdansk and Scandinavia
10:51 Port of Gdansk considered as transport hub for Slovakia
10:29 Brent Crude futures price up 1.21% to $81.4, Light Sweet Crude – up 1.04% to $72.08
10:10 Tuco Marine Group to build a multipurpose first responder boat for Hovedstadens Beredskab I/S
09:53 Baltic Dry Index is up to 1,579 points
09:34 Gazprom and Shell discuss next steps in Baltic LNG project
09:15 Throughput of port Helsinki (Finland) in 9M'18 up 8.4% Y-o-Y to 11.38 million tonnes (table)
08:07 PIL terminates all calls to Iran due to US sanctions
07:06 ChainPORT hackathon held for the first time simultaneously in the ports of Antwerp and Los Angeles
06:16 Vinalines posts profit of US$900,000 in the first nine months of 2018

2018 October 14

09:19 CMA CGM announces FAK rates from Asia to North Africa
09:17 CMA CGM announces FAK rates from Asia to the Mediterranean
09:16 Port of Corpus Christi moves record tonnage in first nine months of 2018
09:12 Port of New Orleans receives Excellence Award for Master Plan

2018 October 13

09:06 OOCL fleet moves forward to meet IMO 2020 regulation
09:04 CMA CGM announces FAK rates from Asia to North Europe
08:56 Algoma announces cancellation of Croatian new build contracts
08:54 Panama Canal sets record annual cargo tonnage in fiscal year 2018

2018 October 12

18:07 Port of Antwerp on track for sixth record year
17:36 Strengthening of Kaliningrad seaway canal's embankment included in Russia’s territorial development strategy through 2025
17:08 Stena Bulk in partnership with Bay Crest Management for expansion in Asia
16:04 Groundbreaking ceremony marks start of work at DP World Berbera in Somaliland
15:52 LNG Croatia invited bids for import LNG terminal infrastructure
15:35 Azerbaijan Caspian Shipping Company continues expanding its operations in international waters
15:03 Maersk Line announces an increase in FAK rates from Far East to North Europe
14:47 Minister Berner: Finland strives to reduce emissions from shipping
14:03 CMA CGM to introduce new quarterly BAF for long term contracts from 1st of January 2019
13:44 LUKOIL commissions fifth well at Filanovsky field second stage
13:21 Ocean Network Express enters bilateral feeder network cooperation with Hapag - Lloyd
13:10 MOL consolidation service succeeds with trial of remote container tracking management device
12:28 Germany furthers support to WMU with Simulator Lab refurbishment
12:05 Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture
11:47 BPO pays a visit to the Port of Ust-Luga
11:26 Rosterminalugol exported 16 million tonnes of coal YTD
11:05 Grimaldi further boosts its freight services to Sardinia
10:54 Bunker prices continue going up at the Port of Saint-Petersburg, Russia (graph)
10:50 Port of Gothenburg starts construction of new terminal
10:30 Brent Crude futures price up 1.2% to $81.22, Light Sweet Crude – up 1.18% to $71.81
10:11 De Boer holds naming ceremony for Damen RSD WID Tug 2915 Hybrid Fregate and ASD Tug 2310 SD Papillon
10:09 Baltic Dry Index is down to 1,515 points
09:58 Damen signs for another three years as founding partner of the Nederlands Dans Theater
09:51 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)