Maritime Standard’s TACCC conference programme launched

Following the huge success of last year’s inaugural event, The Maritime Standard is organising the second Transportation and Climate Change Conference (TACCC) to be held in Abu Dhabi, at the Saadiyat Rotana Resort. Details of the conference programme have now been launched and the event aims to update participants on the progress being made in

DP World raises funds for green projects

Dubai terminal operator DP World has raised $1.5bn through a green sukuk. The sukuk, which was oversubscribed 2.3x due to strong demand from local, regional and international investors, is listed on both Nasdaq Dubai and the London Stock Exchange. Proceeds will be earmarked for eligible green projects including electrification, renewable energy, clean transportation and energy

Russia opposes plan to phase out fossil fuels

Russia has warned it will oppose a global deal to reduce the use of fossil fuels, as tensions with western powers following Moscow’s invasion of Ukraine threaten to derail this year’s UN climate summit. The US and EU member states are among a large group of countries calling for a timeline to phase out the