Tag: shipping

    The shipping industry urges global governments to back ‘net-zero by 2050’ bid
    12 Oct 2021

    International Chamber of Shipping wants to expedite the transition to zero-carbon fuels, The National News reports. The global shipping industry has pledged to reduce greenhouse gas emissions to zero by mid-century – but only if governments impose a mandatory levy on shipping fuel to fund the development of new low-carbon technology. The International Chamber of […]

    Shipping companies now receive the highest revenue since 2008

    The world’s shipbuilding industry has been generating the most revenue since 2008. Due to increased demand and supply disruptions, market prices have risen sharply, Bloomberg states. Demand is rising and the global supply chain is suffering from a pandemic that raises the prices of shipping services. According to Clarkson Research Services Ltd., one of the […]