EU, Industrials

Maritime industry prepares for tougher decarbonisation targets

The shipping industry accounts for 3 per cent of global greenhouse gas emissions – roughly comparable to those of the aviation sector. (Photo by Peter Parks/AFP via Getty Images)

Until now, shipping has avoided the same scrutiny as other industries on its emissions but upcoming EU regulation now aims to push for greater reductions on a global scale. In recent months, the EU has put forward several legislative proposals that impose stricter decarbonisation efforts on existing shipping fleets, in ...

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