Using a battering ram of trade and visa threats, the Trump administration on Friday blocked the adoption of a landmark global measure that would have imposed a global pollution tax on the shipping industry ... .
“Eurobank reaffirmed its long-standing commitment to supporting the shipping industry, recognising the strategic importance of maritime activity for the Cypriot economy and the wider region,” it added.
... place a comprehensive global framework, which will be strictly enforced worldwide, to incentivize the shipping industry’s transition to net zero emissions while ensuring a level playing field.
... the shipping industry faces a transformative moment in its environmental regulations ... The shipping industry’s united support could be crucial for the framework’s successful implementation.
The Eastern Mediterranean shipping industry demonstrates growing awareness of decarbonisation requirements but faces significant challenges in training, infrastructure, and fuel transition, according ...