Policy and Regulation, Transport

Why trade disruptions are bad news for shipping’s decarbonisation targets

A crude oil tanker in the Suez Canal. Following recent attacks on vessels in the Gulf of Aden, Unctad estimates that transits through the canal are down by more than 40 per cent compared to their peak (Photo: Stringer/Bloomberg)

Maritime trade routes continue to be severely restricted, while negotiations on a controversial global shipping levy also resume this week. Experts warn there is no easy solution to either challenge

Some of the world’s most crucial waterways for global trade have been restricted in recent months because of climate impacts ...

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