This story was originally published by Grist with the headline Why the shipping industry’s new carbon tax is a big deal — and ...

Starting in 2028, shipping companies worldwide must either transition to less carbon-intensive fuels, or pay fines via a ...

This is the first time the global shipping industry—which produces about 3 percent of the world’s emissions—will face binding ...

Countries have agreed a global deal to tackle shipping emissions, after nearly ten years of negotiations. The agreement covers the vast majority of the world's commercial shipping and means that ...

The rules will add a significant penalty for any shipping concerns who exceed an emissions cap, starting in 2028.

The shipping industry stands at a critical inflection point. With approximately 80% of global trade carried by sea, maritime ...

This initiative marks the first global tax on greenhouse gas emissions. By focusing on the shipping industry, the IMO aims to ...

The United States pulled out of the talks entirely. The global shipping industry agreed in 2023 to eliminate greenhouse gas emissions by around 2050. Last year, it followed up on that commitment ...

Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector ...

The International Maritime Organisation are discussing measures to decarbonise shipping, including the introduction of a carbon levy ...

The Nigeria Ship Management Limited (NSML) has unveiled a new corporate identity, marking a significant shift in its ...

The Trump administration’s aggressive tariff agenda is impacting the shipping industry, say experts. The rapid escalation of tariffs “may be reshaping global trade flows and are prompting U.S.