The forthcoming regulations from the EU and likely the IMO are set to significantly affect the shipping industry, imposing substantial costs on vessel owners. This white paper gives an overview of the key requirements set out in the FuelEU Maritime Regulation (Regulation (EU) 2023/1805), hereafter referred to as ‘FuelEU Maritime’. A key challenge in FuelEU compliance will be to secure […]
While ports contribute significantly to domestic and global economic and social development, they can also have substantial impacts on nature. Without careful planning, port construction can destroy land and water ecosystems. Likewise, port operations and economic activities downstream can lead to varying degrees of pollution, greenhouse gas emissions and species invasions. Given the growing volume of global trade, it is […]
China has targeted the maritime, logistics, and shipbuilding sectors for dominance, both domestically and globally, through industrial planning over the last three decades. China has employed increasingly aggressive and specific targets in pursuing its dominance. In 2002, then- Premier Zhu Rongji expressed ambitions for China to become the world’s largest shipbuilder, and in 2003, Beijing declared shipbuilding a “pillar industry”.
Deeper decoupling of trade between West and East would have worldwide repercussions, even beyond trade relationships. With economic growth in China and Europe already weak, an escalating trade war will introduce additional uncertainties into the global economic outlook. Global trade relations are tense and there is a risk of unpredictable and potentially sharp changes in trade policies worldwide. Geoeconomic confrontation […]
This paper incorporates the latest developments with global biofuel supply, and its uptake in shipping, while also providing a technical overview of best practices for the use of the biofuels FAME and HVO on ships. The report also contains an overview of how biofuels can be used for compliance with key GHG regulations. Maritime decarbonization is a complex puzzle and […]
This report examines the issue of forced labor in the global supply chain, the role it plays in international trade and how the U.S. can prevent importing goods made by slaves. The report by the RAND Homeland Security Research Division – which operates the Homeland Security Operational Analysis Center – estimates that 28 million people around the world are bound […]
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