Canada and UAE back clean shipping fuel plans
The Clean Energy Marine Hubs Initiative aims to link up decarbonisation efforts between ports, shipping and energy
Canada and the UAE have become the first countries to back the Clean Energy Marine Hubs Initiative, which aims to coordinate and connect decarbonisation efforts between ports, shipping companies and the energy sector. The initiative was launched today at the Clean Energy Ministerial meeting, a gathering of 29 energy ministers from leading governments, by shipowner group the International Chamber of Shipping (ICS), seaport trade association the International Association of Ports and Harbors (IAPH) and the CEO-led Clean Energy Maritime Taskforce. More than 150 CEOs and government representatives voted to take forward plans for the initiative’s creation at an ICS summit in June this year. “Reso
Also in this section
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation