London, United Kingdom -- Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on international shipping, ahead of a meeting starting on Monday to finalize emissions-reduction measures. The carbon tax, the most ambitious measure on the table, would make it more expensive for shipping...

Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry's huge carbon footprint. The MT Chemical Challenger, a 16,000-ton chemicals transporter set sail from Antwerp for Istanbul on Friday, and...

Yemen's Houthi rebels, supported by Iran, have launched dozens of attacks against ships in the Red Sea since November, targeting boats headed for Israel in an act of "solidarity" with inhabitants of the Gaza Strip, which is in the grip of the war between Israel and Hamas. Despite retaliatory strikes...

LONDON, UK - The UAE has been re-elected to the Council of the International Maritime Organization (IMO) in the Category B membership for the fourth term with the highest number of votes, following comprehensive efforts and an intensive election campaign leading up to the elections. Through its landmark initiatives, the...

DUBAI, UAE - Presenting its category B candidacy in the International Maritime Organization (IMO) Council at the organization’s focus group in London, the UAE delegation has displayed the country’s contributions to the sector that have influenced the industry globally. Boasting a rich maritime history and a coastline of 1650 kilometers,...

Copenhagen, Denmark - Danish shipping giant Maersk on Thursday launched the world's first container ship running on bio-methanol, a key step in its effort to lower its huge carbon footprint. Maersk, which sold its oil division to TotalEnergies in 2017, has set out a target to become carbon neutral by 2040....

"The noteworthy achievements include substantial developments in logistics services, fostering a closer relationship with the International Maritime Organization, and supporting marine environmental conservation, marking a significant phase in Saudi Arabia's journey towards its ambitious goals," adds Prince Khalid.

Compared with 2008 levels, the United Nations' global shipping regulator has agreed to cut total annual emissions of greenhouse gases "by at least 20 percent, striving for 30 percent, by 2030" and "by at least 70 percent, striving for 80 percent, by 2040". The current target was a 50-percent reduction...

France says the two-day summit, which begins on Thursday and will bring together some 50 heads of state and government, was more of a platform for ideas sharing ahead of a cluster of major economic and climate meetings in the coming months. With fewer leaders from wealthier countries attending, Friederike...

Greece will send Iranian oil from a seized Russian-flagged tanker to the United States at the request of the US judiciary, Greek port police said Wednesday, a decision that angered Tehran. Last month the Greek authorities seized the Pegas, which was said to have been heading to the Marmara terminal...

The UAE has been re-elected to the Council of the International Maritime Organisation (IMO) in the Category B membership for the third time. Media reports said that the re-election happened following comprehensive efforts and an intensive election campaign leading up to the elections. The results of the election were announced...

Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the global maritime industry.