SHIPPING ANNOUNCEMENTS COMING OUT THICK AND FAST AT COP27

Shipping announcements came thick and fast yesterday (Nov 7) from the Egyptian Red Sea resort of Sharm El Sheikh, location for this year’s United Nations-convened COP27 climate conference. Grabbing the most headlines was the Green Shipping Challenge, launched by the US and Norway, creating a platform for around 40 commitments to accelerate ship decarbonisation. The Green Shipping Challenge encourages countries, ports and shipping companies to take action at COP27 to align the industry with the 2015 Paris Agreement goal to keep global warming below 1.5 degrees. Green shipping corridors, promoted massively at COP26 in Glasgow last November, have really taken off, with routes now spanning the globe with port pairs vowing to offer alternative fuels.

Sources: Splash247/Datamar News