Port News & Information Mediterranean, Black & Caspian Seas

Delivering net-zero shipping by 2050: Introducing the Green Balance Mechanism

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Press Release – Delivering net-zero shipping by 2050: Introducing the Green Balance Mechanism – February 15, 2024 Washington/Brussels/London/Singapore, 15 February 2024 – The global shipping regulator, the UN International Maritime Organisation, has set a target of net-zero carbon emissions by 2050 for the industry, and now needs to develop climate regulations by 2025 that make…

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