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☆ Coral reefs are experiencing another global bleaching event. Growing corals on artificial reefs could help save them
▼ + stars: | 2024-05-09 | by ( Michelle Cohan | ) edition.cnn.com time to read: +6 min

Like other coral reefs, over the last few decades, this vibrant ecosystem has been suffering from the effects of climate change, with the National Oceanic and Atmospheric Administration recently reporting a fourth global mass bleaching event – the second in the last decade. Bleaching happens when the corals become stressed due to changes in their environment and expel the colorful algae living on them. University of MiamiIn partnership with the city of Miami Beach, two hybrid reefs were deployed in March 2023. Coral gardeningLirman’s team has been growing and testing coral colonies at the university for more than 15 years. A global problemOcean ecosystems are declining and suffering around the world, Lirman says.

Persons: ”, Diego Lirman, Lirman, ” Lirman, “, Emily Esplandiu, they’ve, “ We’re Organizations: CNN, Miami, National Oceanic, Atmospheric Administration, University of Miami, North Miami Beach, International Maritime Organization, Miami Beach, Dade, US Department of Defense Locations: Miami Beach , Florida, North Miami, Miami Beach, Miami

☆ Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream
▼ + stars: | 2024-04-29 | by ( Jonathan Keane | ) www.cnbc.com time to read: +5 min

The voyage was a test of an autonomous ship under AUTOSHIP, an EU-funded program to develop new technologies for navigating large vessels. The consortium brought together entities from academia and industry, including Kongsberg Maritime, the Norwegian giant that has been conducting deep research and development (R&D) on autonomous shipping. The trip marked a pivotal advancement in developing autonomous technology for shipping, which still faces many hurdles before it is ready for primetime. "Uniquely for autonomous technology, the hazards are hidden for the mariner by the sea. "Learning via mistake in a cargo ship environment can be costly, it can be dangerous," said J.C. Renshaw, head of supply chain consulting at Savills North America.

Persons: Markus Laurinen, Laurinen, Ville, SHI, Denmark's DNV, Leo McLeman, McLeman, J.C, Renshaw Organizations: Kongsberg Maritime, CNBC, Kongsberg Maritime's VP, Korea's Samsung Heavy Industry, Samsung, International Maritime Organization, Hydrographic Office, Savills Locations: Norway, EU, Norwegian, Kongsberg, America, Africa

“There’s no strong infrastructure for safety in maritime," said Jim Hall, who led the National Transportation Safety Board from 1994 to 2001. The Dali was flagged in Singapore, which has one of the best safety records of any country where ships are based. It's not listed as one of the 42 countries identified as “flags of convenience” by the International Transport Workers Federation. He said that with maritime shipping being the oldest transportation industry, with its international regulations that rely on many different countries for enforcement, it may have the most problems. “When I talk about those other transportation industries, the maritime industry is the worst offender of safety violations, of labor violations than any other industry,” Rexha said.

Persons: “, Jim Hall, Peter DeFazio of, ”, ” DeFazio, it's, Dali —, Peter Gautier, Dali, It's, Grace Ocean, Douglas Hales, ” Hales, Roland Rexha, midflight, ” Rexha, Michael Kunzelman, Seung Min Kim Organizations: International Maritime Organization, National Transportation, Guard, Former U.S . Rep, Transportation, U.S . Coast Guard, International Chamber of Shipping coalition, Allianz Global, International Transport Workers Federation . Authorities, Synergy Marine, University of Rhode, Port, Marine Engineers, Boeing, Max, Associated Press Locations: Baltimore, London, Former, Peter DeFazio of Oregon, West, New York, United States, U.S, Singapore, Chile, Belgium, Antwerp, Callao, Western Callao, Port of Baltimore, Ohio

☆ A First Step Toward a Global Price on Carbon
▼ + stars: | 2024-03-28 | by ( Manuela Andreoni | Max Bearak | ) www.nytimes.com time to read: 1 min

It didn’t make many headlines, but last week, at a meeting of the International Maritime Organization, something potentially world-changing happened. The United Nations agency, which regulates the shipping industry, essentially committed to creating the world’s first global carbon price. “I’m very confident that there is going to be an economic pricing mechanism by this time next year,” Arsenio Dominguez, the Secretary General of the maritime organization, said. “What form it is going to have and what the name is going to be, I don’t know.”The proposal would require shipping companies to pay a fee for every ton of carbon they emit by burning fuel. In other words, it’s a tax.

Persons: ” Arsenio Dominguez Organizations: International Maritime Organization, United Nations

☆ World's first-ever global emissions tax takes a step closer to reality
▼ + stars: | 2024-03-22 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Countries at the meeting of the United Nations' International Maritime Organization in London signed a deal for shipping emissions to reach net zero "by or around" 2050. Ucg | Universal Images Group | Getty ImagesTwo weeks of talks at the United Nations shipping agency concluded in London on Friday, with a clear majority of countries emerging in favor of introducing the world's first-ever global emissions levy. The UN is on the edge of adopting the world's first-ever global emissions price, but the policy will only be as successful as countries make it to be. "The UN is on the edge of adopting the world's first-ever global emissions price, but the policy will only be as successful as countries make it to be," said Sandra Chiri, shipping emissions international outreach manager at the Ocean Conservancy, a U.S.-based advocacy group. Other proposals include a push to combine a price on shipping emissions with an international emissions standard for maritime fuel.

Persons: Sandra Chiri, Chiri, Gregor Fischer Organizations: United Nations, International Maritime Organization, Ucg, Getty, UN, Ocean, Ocean Conservancy, EU, Marshall Locations: London, Caribbean, U.S, Pacific, Africa, Canada, decarbonize, Fiji, Marshall Islands, Vanuatu, Barbados, Jamaica, Grenada, Belize

Maxar Technologies Visual Investigations The $2.8 Billion Hole in U.S. Sanctions on Iran A Times investigation reveals how lax government oversight allowed shadowy oil tankers, covered by American insurance, to fund Iran’s regime. The American Club is one of only 12 major insurers of its kind, and the only one based in the United States. By then, the tankers had transported at least $2.8 billion in crude oil, based on the lowest reported prices of Iranian oil in 2023. The Treasury office has publicly enforced sanctions on the American Club only once in the past 20 years. Ultimately, the office said the American Club did “not appear to have been willful or reckless” and the case was settled.

Persons: Biden, ”, penna gabrielle toyomi, penna selene gabrielle, gabrielle, selene, lisa marianne selene, Samir Madani, Maggie Hassan, Daniel Tadros, “, Mr, Tadros, Shipowners, ” Mr, Madani of TankerTrackers.com, David Tannenbaum Organizations: Maxar, Maxar Technologies, Sanctions, U.S, White, New York Times, Times, Treasury Department, American Club, Treasury, cathay kirin, Copernicus, Planet Labs, Star, American, The Times, Revolutionary Guards Corps, Anadolu Agency, Getty, Club’s, Hamas, Bloomberg, United Against Nuclear, Nuclear, Glory, United, National Iranian Tanker, Labs, Copernicus Sentinel, Club, International Maritime Organization, AIS, Spire Locations: Gulf of Oman, American, U.S, Iran, New York, New Hampshire, United States, Hong Kong, Kharg, Kpler, China, Israel, Yemen, United Against Nuclear Iran, Nuclear Iran, United Arab Emirates, Asaluyeh, Dubai, of Oman, Persian, Oman, Cuba, Sudan, MarineTraffic, SynMax, TankerTrackers.com

☆ Somali pirates are back on the attack at a level not seen in years, adding to global shipping threats
▼ + stars: | 2024-02-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Piracy off the coast of Somalia had been on the decline in recent years after peaking in 2011 when Somali pirates launched 212 attacks. A 2013 World Bank study, still widelt cited today, estimated that piracy cost the global economy around $18 billion annually. The pirates have also been attacking fishing vessels, mostly Iranian, as well as many other small boats such as skiffs. Ocean piracy is rising across the worldData from 2023 shows that by many key measures, piracy is on the rise in key global shipping lanes. There were 120 incidents of maritime piracy and armed robbery against ships reported in 2023, compared to 115 in 2022, according to the annual Piracy and Armed Robbery Report of the ICC International Maritime Bureau (IMB).

Persons: Abuukar Mohamed Muhidin, Dan Mueller Organizations: Puntland Maritime Police Forces, Getty Images, Royal United Services Institute, United Nations Security Council, European Union Naval Force, UNSC, Eastern, Chamber of Shipping, ICC International Maritime Bureau, International Maritime Organization, CNBC Locations: PUNTLAND, SOMALIA, Puntland, Somalia, Anadolu, Africa, Horn of Africa, U.S, Eastern Region, Djibouti

☆ The world successfully tackled a dangerous pollutant. But did it accidentally warm the planet in the process?
▼ + stars: | 2024-01-26 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

These ghost clouds look beautiful, but they are a visible sign of deadly air pollution. Of all of the theories, however, the impact of shipping regulations is swiftly becoming one of the most discussed. But this is not an argument against cutting air pollution, Diamond said, it’s an argument for tackling it alongside reducing carbon emissions. The cooling impact of air pollution is far outweighed by the heating impact of burning fossil fuels. It’s when air pollution is tackled without also reducing carbon emissions, that “we can get into trouble,” Diamond said.

Persons: ”, Michael Diamond, It’s, Olaf Morgenstern, ” Morgenstern, James Hansen, ” Hansen, ” Diamond, Piers Forster, Diamond, doesn’t, Jason Armond, Annica Ekman, it’s, ” Forster Organizations: CNN, International Maritime Organization, United Nations, Florida State University’s Department of, Atmospheric Science, National Institute of Water, Atmospheric Research, Atlantic, Leeds University, Shipping, Port, Los Angeles Times, Stockholm University Locations: New Zealand, El, Sahara, Tonga, Europe, North America, Asia, Port of Los Angeles, San Pedro , California, Sweden

☆ Premarket stocks: Shein and Reddit IPOs don’t herald a Wall Street boom. Here’s why
▼ + stars: | 2023-12-04 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —It’s been an exciting few weeks for the IPO market. People try to draw an analogy between the IPO market and a blocked pipe. That is one reason why the IPO market feels less stymied than it did 12 months ago. But if the current IPO market kicks off, it’s because of other macroeconomic factors. They’re going to very rapidly acquire customers and care much less about long term financial sustainability and climate and the environment.

Persons: New York CNN — It’s, Angela Lee, Bell, We’ve, Reddit, ‘ it’s, Shein, It’s, it’s, we’ve, Ben Minicucci, Eva Rothenberg, ”, Peter Ingram, Robin Hayes, Minicucci, “ We’ll, Anna Cooban, Svein Tore Holsether Organizations: CNN Business, Bell, New York CNN, Reuters, Microsoft, Wall Street, Columbia Business School, Federal Reserve, Alaska Air, Hawaiian Airlines, Sunday, Alaska Airlines, American Airlines, JetBlue Airways, Justice Department, District of Columbia, Spirit Airlines, Yara, CNN, International Maritime Organization Locations: New York, Reddit, Minicucci, Delta, Southwest, Norwegian, decarbonization

☆ The world may be close to getting its first cargo ship that emits almost no carbon dioxide
▼ + stars: | 2023-12-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

According to the International Maritime Organization, shipping accounts for close to 3% of global annual emissions of CO2 and other greenhouse gases. Yara International, one of the world’s biggest fertilizer makers, has joined forces with its subsidiary Yara Clean Ammonia and Norway’s North Sea Container Line to work on the ship, which will transport goods between Norway and Germany. However, Yara Clean Ammonia plans to provide a mix of “blue” and “green” ammonia for the Yara Eyde. In “blue” ammonia production, CO2 emissions are captured at the source and stored underground, while “green” ammonia is made using renewable electricity. In August last year, the company said it would launch the first carbon-neutral vessel by the first quarter of 2024.

Persons: Svein Tore Holsether, ”, Norway Victoria, It’s, Faïg Abbasov Organizations: London CNN, Yara, CNN, International Maritime Organization, International Energy Agency, Norway Victoria Klesty, Transport & Environment, Maersk Locations: Norwegian, decarbonization, Norway, Germany, Porsgunn, Brussels

☆ AI, autonomous systems, and digital connectivity could help ships cut emissions
▼ + stars: | 2023-11-30 | by ( Amanda Paule | ) www.businessinsider.com time to read: +10 min

Autonomous and AI systems could help reduce ships' fuel use. "The only time the maritime industry is ever on the front page of a paper is when there's an accident. Sea Machines RoboticsJohnson said he saw that decarbonization was not only a bonus of Sea Machines' technology but its best value proposition. The Sea Machines Robotics team can monitor (and celebrate) autonomous vessel operations from a control room. Smart-Ship's "Throttle & Bow Buster" is one of three force-feedback levers they offer to help ships increase safety and fuel savings.

Persons: —, AP Moller, Michael Johnson, Johnson, who's, Sea Machines Robotics Johnson, decarbonization, they've, Jelle, Jelle Tiemensma, Sofia Fürstenberg Stott, Stott, Mikael Lind, Lind Organizations: Service, International Maritime Organization, AP Moller, Maersk, AP, AP Moller Holding, Business, Companies, Crowley, Machines, Sea Machines Robotics, Machines Robotics, Smart, Sofia, Sustainable Shipping, Research Institutes of Sweden, International

☆ North Korea Launches Rocket With Its First Spy Satellite
▼ + stars: | 2023-11-21 | by ( Choe Sang-Hun | More About Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

SEOUL — North Korea launched a rocket on Tuesday in what South Korea said was an attempt to put its first military reconnaissance satellite in orbit, this time with technological help from Russia. The rocket flew to the south over the sea between the Korean Peninsula and China, the South Korean military said in a brief statement. North Korea launched its new Chollima-1 rocket from its satellite launching station in Tongchang-ri near its northwestern border with China in May and again in August. This week, North Korea told the International Maritime Organization that it would soon make a third attempt. And this time, North Korea received assistance from Russia, helping the North overcome its technological shortcomings, according to South Korean officials who have monitored its launch preparations in Tongchang-ri in recent weeks.

Persons: Korea , Organizations: South Korean, South, International Maritime Organization Locations: SEOUL, North Korea, Korea, Russia, China, United States, South Korea, Japan, Tongchang, , South Korean

☆ North Korea notifies Japan of satellite launch plan between Nov 22 and Dec 1
▼ + stars: | 2023-11-20 | by ( Chang-Ran Kim | ) www.reuters.com time to read: +3 min

TOKYO, Nov 21 (Reuters) - North Korea has notified Japan it plans to launch a rocket carrying a space satellite between Nov. 22 and Dec. 1 in the direction of the Yellow Sea and East China Sea, Japan's Coast Guard said on Tuesday. If carried out, it would likely mark a third attempt by the nuclear-armed state this year to put a spy satellite into orbit. Japan will work with the United States, South Korea and others to "strongly urge" North Korea not to go ahead with the launch, Kishida said. North Korea has not made a formal announcement of the plan on official media. The North considers its space and military rocket programmes a sovereign right, and analysts say spy satellites are crucial to improving the effectiveness of its weapons.

Persons: Fumio Kishida, Kishida, Kim Jong Un, Vladimir Putin, military's Vandenberg, Chang, Ran Kim, Jack Kim, Christina Fincher, David Gregorio, Sandra Maler Organizations: Japan's Coast Guard, Aegis, United Nations, South, Japan, International Maritime Organization, North, U.S, SpaceX, Thomson Locations: TOKYO, North Korea, Japan, East China, United States, South Korea, Pyongyang, Korea, Tokyo, Seoul

☆ The biggest cruise ships keep getting bigger and it's splitting the industry in two
▼ + stars: | 2023-10-29 | by ( Brittany Chang | Hannah Towey | ) www.businessinsider.com time to read: +7 min

New cruise brands are launching smaller, luxury ships geared toward wealthy travelers. Large cruises are a "cash cow" for operators but experts say smaller ships have distinct long-term advantages. AdvertisementAdvertisementEvery year it seems a new world's largest cruise ship is crowned. To fill this void, several new cruise lines are taking an underdog strategy of building smaller luxury vesselsThe Ritz Carlton Yacht Collection. Smaller ships are better positioned to meet sustainability goalsBrittany Chang/InsiderMega-ships may be popular among some passengers, but the ports they're visiting aren't always fans.

Persons: —, Royal, it's, Aman, Brittany Chang, Stenius, Michael Ungerer, Explora, aren't, Jay Schneider, Schneider, Patrick Scholes Organizations: Service, Royal, Ritz Carlton Yacht, Ritz, Carlton, Shipping, MSC, MSC Cruises, Ritz Carlton, Cruise Lines International Association, International Maritime Organization, Truist Securities Locations: They're, Royal Caribbean, Ritz Carlton ., Europe, Bahamas, Caribbean

☆ ‘Dark’ ships are faking their locations to move oil around the world — and it's likely worth billions of dollars
▼ + stars: | 2023-09-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Maritime technology company Windward identified the area as a hub for smuggling oil. Cargo ships and car ferries cross the Kerch Strait, an area of "dark activity," according to marine technology company Windward. So that's definitely moved that focus into, okay, I'm now going to manipulate that signal," he told CNBC by video call. This can be done in a number of ways, a Spire spokesperson told CNBC by email. "If you're in the insurance industry, and you're not paying attention to this, you really need to start paying attention," Swift told CNBC by video call.

Persons: John Lusk, Christopher Swift, Foley, Lardner, We're, Lusk, Ami Daniel, Daniel, Good Hope, Iain Goodridge, Spire's, that's, I'm, " Goodridge, OFAC, Swift Organizations: Windward, Europa Press, Getty, Maritime Organization, AIS, Spire Maritime, Government, CNBC, Russia, Anadolu Agency, Venezuela, Spire, U.S . Treasury Department Locations: Morocco, Maritime, Ukraine, U.S, Russia, Kerch, Windward, Arabian, Venezuela, The U.S, East Asia, Angola, Venezuela's, South Africa's, Good, China, Malaysia

☆ North Korea's space launch program and long-range missile projects
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +5 min

North Korean leader Kim Jong Un gives field guidance at the Seohae satellite launch site, in North Korea, in this photo released on March 11, 2022 by North Korea's Korean Central News Agency (KCNA). Dec. 12, 2012: North Korea successfully launches the Kwangmyongsong-3, putting an object in orbit. April 2013: North Korea establishes the National Aerospace Development Administration (NADA) which purports to pursue space exploration for peaceful purposes. Aug 29, 2017: North Korea fires an intermediate range missile over northern Japan, prompting warnings to residents to take cover. March 16, 2023: North Korea test launches the Hwasong-17 ICBM, its biggest missile, which some analysts believe incorporates technology for space launch vehicles.

Persons: Kim Jong Un, KCNA, Kim Jong Il, Hyon, ”, Kim, Jack Kim, Ed Davies, Josh Smith, Gerry Doyle Organizations: Korean Central News Agency, REUTERS, Rights, Japan's Coast Guard, ., North Korea, National Aerospace Development Administration, United, International, Japan, International Maritime Organization, Pacific, Thomson Locations: North Korea, North, Rights SEOUL, South Korea, United States, Korea, Pyongyang, Japan, U.S, East China

☆ How Y Combinator-backed Seabound is using carbon-capture tech to tackle the shipping industry's problematic emissions
▼ + stars: | 2023-08-21 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +9 min

The Y Combinator-backed Seabound believes its on board carbon-capture tech can play a key role. Fredriksson is the cofounder and CEO of Seabound, a climate-tech startup that aims to lower the greenhouse-gas emissions produced by the shipping industry. Seabound, backed by the famed accelerator Y Combinator, has built a carbon-capture machine that can be retrofitted onto ships. Having tested it on land, Seabound is now using a commercial container ship as its lab in a pilot project with the London-based shipping company Lomar Shipping. Fredriksson added that Seabound's reaction was exothermic, meaning it needed an injection of heat to get started but then was self-sustaining.

Persons: Seabound, Alisha Fredriksson didn't, Fredriksson, It's, Stephen Turnock, Ed Phillips, Alisha Fredriksson, Wen, Turnock, Alisha Fredriksson Decarbonization, we're, We're, Capital's Phillips, Leapfrogging Organizations: Shipping, Maritime Organization, Service, University College London, University Maritime Advisory Services, Southampton University, International Maritime, Planet Capital, Lomar Shipping, Ships Locations: Wall, Silicon, London, Yalova, Turkey

☆ Ukraine announces 'humanitarian corridor' for ships stuck in Black Sea ports
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

A grain ship carrying Ukrainian grain is seen in the Black Sea, amid Russia's attack on Ukraine, near Ukrainian port of Odesa, Ukraine November 2, 2022. At least initially, the corridor appears to apply to vessels such as container ships that have been stuck in Ukrainian ports since the Feb. 2022 invasion, and were not covered by the deal that opened the ports for grain shipments last year. "Today a new temporary humanitarian corridor has started to work," Oleh Chalyk, a spokesperson for Ukraine's navy, told Reuters by telephone. It said a risk remained from mines in the Black Sea and the military threat from Russia. Last month, Moscow quit the year-old Black Sea grain deal that had allowed Ukraine to safely export agricultural products, saying that a parallel deal to help ease Russia's own grain and fertiliser exports was not being implemented.

Persons: Serhii, Chalyk, Moscow, Olena, Tom Balmforth, Peter Graff Organizations: REUTERS, Reuters, International Maritime Organization, United Nations, Thomson Locations: Ukraine, Ukrainian, Odesa, Russia, Chornomorsk

That risk has been put under the spotlight by the burning car carrier drifting off the Dutch coast. While all logistics companies deal with the risk of EV lithium-ion batteries burning with twice the energy of a normal fire, the maritime industry hasn't kept up with the developing technology and how it creates greater risk, maritime officials and insurers said. There were 209 ship fires reported during 2022, the highest number in a decade and 17% more than in 2021, according to a report from insurer Allianz Global Corporate & Specialty (AGCS) (ALVG.DE). The European Maritime Safety Agency said in a March report the main cargo types identified as responsible for "a large share of cargo fire accidents included ... lithium-ion batteries." Firemen typically put out EV battery fires on roadsides by clearing the area around the burning vehicle and flooding the underside with water, something difficult to do on a RoRo, Dillon said.

Persons: hasn't, EVs, Shoei, Nathan Habers, Douglas Dillon, John Frazee, Marsh, Dillon, Frazee, KVNR's Habers, Joe Biden's, Lisa Baertlein, Anthony Deutsch, Victoria Waldersee, Ben Klayman, Diane Craft Organizations: Allianz, ANGELES, Dutch coastguard, RTL, Allianz Global Corporate, Specialty, Maritime Safety Agency, Royal Association of Netherlands, Tri, Maritime Safety Association, Auto, Firemen, EV, International Maritime Organization, Reuters, Thomson Locations: AMSTERDAM, Dutch, EVs, Delaware, Pennsylvania, New Jersey, China, Europe, Los Angeles, Amsterdam, Berlin

☆ A space race on the Korean Peninsula
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +13 min

It was not until 2013 that it became the first South Korean rocket to place a satellite in orbit. SPACE CENTRES Russia also helped South Korea build its Naro Space Center while training and launching the first South Korean astronaut on a mission to the International Space Station. In his first summit with former U.S. President Donald Trump in 2018, North Korean leader Kim Jong Un promised to dismantle Sohae, but as talks stalled, North Korea expanded the site. North Korea faces the same challenges, and must avoid flying over South Korea. “The road from South Korea to space has opened now,” President Yoon Suk Yeol said after the 2022 Nuri launch.

Persons: Kim Jong, Moon Jae, Nuri, Jonathan McDowell, Markus Schiller, Schiller, “, ”, ” Schiller, Robert Schmucker, Pyongyang’s, McDowell, KARI, Donald Trump, Kim Jong Un, Dave Schmerler, James Martin, “ Sohae, ” McDowell, Korea’s Nuri, Yoon Suk Yeol Organizations: North, South Korean, U.S, Harvard – Smithsonian Center for Astrophysics, REUTERS, Elon, SpaceX, South, Soviet, Federation of American Scientists, Carnegie Endowment, International Peace, Space Center, International Space, Korea Aerospace Research, James, James Martin Center, Nonproliferation Studies, International Maritime Organization Locations: Seoul, Pyongyang, South Korea, North Korea, Korean, Japan, China, Korea, Washington, United States, Russia, Naro, Europe, U.S, Britain, Switzerland, Soviet Union, Soviet, Cholsan County, South Korean, South, Tonghae, North Korea’s, Sohae, Indonesia, Philippines, Okinawa

☆ Zelenskiy sacks Ukraine's ambassador to UK after criticism
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +1 min

[1/2] Ukraine's ambassador to the United Kingdom Vadym Prystaiko arrives for a radio interview in Westminster, London, Britain, April 8, 2022. REUTERS/Tom Nicholson/File photoKYIV, July 21 (Reuters) - President Volodymyr Zelenskiy dismissed Vadym Prystaiko as Ukraine's ambassador to Britain on Friday, days after the envoy publicly criticised the president. A presidential order, which said Prystaiko had also been removed as Ukraine's representative to the International Maritime Organization, gave no reason for the dismissal. Zelenskiy responded by saying Ukraine was always grateful to Britain, a staunch ally. Zelenskiy's order did not say who would replace Prystaiko, 53, an experienced diplomat and former vice prime minister who had held the post as ambassador to Britain for three years.

Persons: United Kingdom Vadym Prystaiko, Tom Nicholson, Volodymyr Zelenskiy, Vadym Prystaiko, Prystaiko, Ben Wallace, Russia's, Zelenskiy, Wallace, Anna Pruchnicka, Timothy Organizations: REUTERS, International Maritime Organization, Sky News, British, Timothy Heritage, Thomson Locations: United Kingdom, Westminster, London, Britain, Kyiv, Ukraine

But the lure for OCI and others of making ammonia with a smaller carbon footprint is a business with potential beyond the farm. is the question, and I think it's a good question," OCI CEO Ahmed El-Hoshy told Reuters, when asked why his company is betting on producing so-called "blue ammonia." But even with U.S. support, blue ammonia economics hinge on further government incentives. If utility premiums don't emerge, OCI plans to use its Texas blue ammonia to make fertilizer in The Netherlands, where the company has under-utilized its plants due to high natural gas prices. OCI's Texas plant, to start production in 2025, will produce 1.1 million metric tons annually.

Persons: Ahmed El, Hoshy, Alexander Derricott, TD Cowen, JERA, Yara, Stephan Werner, Werner, Katrine Petersen, Petersen, Chris Bohn, Oystein Kalleklev, Harald Fotland, Fotland, Rod Nickel, Yuka Obayashi, Anna Driver Organizations: Reuters, OCI, REUTERS, Group, CF Industries, Gulf, CF, Yara, Mitsui, Mitsubishi, Nutrien, Investors, Germany's DWS, International Maritime Organization, Flex LNG, Avance, Victoria Klesty, Thomson Locations: Beaumont , Texas, U.S, Texas, Japan, South Korea, Netherlands, United States, El, OCI's Texas, Gulf Coast, Winnipeg , Manitoba, Oslo, Tokyo, Bengaluru

☆ Countries agree to slash shipping emissions but not enough to stay within warming limits
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: +2 min

Countries at the meeting of the United Nations' International Maritime Organization in London signed a deal for shipping emissions to reach net zero "by or around" 2050. Maritime nations agreed Friday to slash emissions from the shipping industry to net zero by about 2050 in a deal that several experts and nations say falls short of what's needed to curb warming to agreed temperature limits. Experts calculate the industry must cut its emissions by 45% by 2030 and reach net zero by 2050 to keep on track with 1.5 C temperature goal. The German government welcomed the agreement, calling it "an important milestone for ensuring that international shipping makes a fair contribution to reaching the temperature goals of the Paris agreement." Transport Ministry spokesman Florian Druckenthaner said Germany had "lobbied massively" for the goal of net zero emissions by 2050.

Persons: General Kitack Lim, Lim, Florian Druckenthaner, Druckenthaner Organizations: United Nations, International Maritime Organization, Maritime, —, Transport, The Associated Press Locations: London, Canada, United States, Paris, Germany

☆ Global shipping industry climate pledge slammed as a ‘wishy washy’ compromise
▼ + stars: | 2023-07-07 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —The shipping industry has agreed a climate pledge to reduce its planet-heating pollution to net zero “by or around” 2050. That changed on Friday, when the International Maritime Organization, the UN body that regulates global shipping, published a new climate strategy after days of negotiations between the organization’s 175 member states. IMO secretary-general Kitack Lim said in a statement that the new climate strategy provides a “clear direction, a common vision, and ambitious targets.”Industry groups welcomed the deal. John Maggs, the president of the Clean Shipping Coalition criticized the “vague and non-committal language” in the new climate strategy. Countries pledged in the Paris Climate Agreement to limit global warming to well below 2 degrees – and preferably to 1.5 degrees – compared to pre-industrial temperatures.

Persons: Kitack Lim, Simon Bennett, Albon, ” Ralph Regenvanu, John Maggs, Faïg, ”, IMO’s Lim, “ Organizations: CNN, International Maritime Organization, UN, ” Industry, International Chamber of Shipping, Clean Shipping Coalition, Environment Locations: Paris, Marshall, Vanuatu

☆ Nations Aim to Zero Out Shipping Emissions by Midcentury
▼ + stars: | 2023-07-06 | by ( Max Bearak | More About Max Bearak | ) www.nytimes.com time to read: +1 min

Negotiators from nearly every country reached a provisional agreement on Thursday to effectively eliminate the shipping industry’s greenhouse gas emissions by as close to 2050 as possible. The breakthrough was made at an annual meeting in London of the International Maritime Organization, the global shipping regulator. The agreement, which will be formally signed on Friday, also sets goals for emissions reductions to be reached by 2030 and 2040. But a strong last-minute push from small island nations and other poorer coastal countries led to commitments from the organization that are in line with limiting global warming to 1.5 degrees Celsius. That is the threshold most climate scientists say the world must avoid crossing to avert the most catastrophic effects of climate change.

Organizations: International Maritime Organization Locations: London

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