Negotiations between Member States focused on approving a first-ever price on carbon for shipping and a fund for disbursing revenues, a global fuel standard that accounts for the full lifecycle ...

The Trump administration said the measures “would impose substantial economic burdens” and “drive inflation globally.” ...

Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon ...

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...

The Trump Administration said it has pulled out of International Maritime Organization negotiations to decarbonise shipping ...

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be ...

By Vibhu Mishra After years of intense negotiations, countries on Friday reached a landmark deal to cut greenhouse gas emissions from global shipping ...

India and 62 countries support a global carbon tax on shipping, marking a historic move to reduce emissions. The tax, ...

A heated debate over how to slash carbon pollution from global shipping is unfolding this week, as countries consider a first ...

The International Maritime Organization set a target for the sector to reach net-zero greenhouse gas emissions by about 2050, ...

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be ...

The committee, comprised of IMO member states ... last decade — to about 3% of the global total according to the United Nations — as vessels have gotten much bigger, delivering more cargo ...