Report: Shipping, Aviation 2030 Climate Goals Too Weak
The international shipping and aviation sectors' 2030 climate targets are too weak and their emissions are on course to reach dangerous levels despite the impact of the COVID-19 pandemic, research showed on Wednesday.To limit the temperature rise to safe levels, global carbon dioxide (CO2) emissions need to be reduced to net-zero by 2050. Shipping and aviation accounted for around 5% of all emissions before the COVID-19 outbreak and are expected to contribute 40% by 2050.Climate Action Trackerā¦
Maersk Heads Drive to Decarbonize Shipping Sector
The world's largest container shipper, A.P. Moller-Maersk, will team up with industry majors to set up a research center in Denmark with the aim of reducing carbon emissions in the shipping industry.Denmark's Maersk, which aims to be carbon-neutral by 2050, said on Thursday the research center would combine knowledge from industry, academia and regulators towards "decarbonizing" the industry by developing carbon-neutral fuel and technologies.The shipping industryā¦
CSBC-DEME JV Makes FID for First Taiwan-built Offshore Installation Vessel
CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME has taken the Final Investment Decision (FID) for the construction of āGreen Jadeā, which is the first DP3 heavy lift and installation vessel to be built in Taiwan.The Green Jade, with its 4,000-tonne crane capacity and DP3 capability, will serve the offshore wind market, and according to the JV, will be able to transport a multitude of heaviest monopilesā¦
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