TwinShip initiative seeks to increase access to trustworthy data to support decarbonization

A collaboration comprising the technology group Wärtsilä will create a new system for the marine sector with the goal of enhancing access to trustworthy data to provide more informed shipping choices pertaining to fleet operations that are decarbonized. The European Union (EU) is sponsoring the “TwinShip” project, which is scheduled to operate from 2025 to

EU bioethanol refineries produced more food than fuel

EU ethanol biorefineries produced more food and animal feed than fuel in 2023, according to audited data  by ePURE, the European renewable ethanol association. ePURE members – representing 85% of EU installed capacity – and other European producers of renewable ethanol produced 6.5 million tonnes of food and feed co-products including high-protein animal feed and

EU’s suggestion on CBAM offers no help: Report

The European Union (EU) suggestion that India can impose carbon tax locally to avoid or reduce the levy that will be imposed under Carbon Border Adjustment Mechanism (CBAM)  would not be of much help as payout by exporters will still be high, according to a report by GTRI. The EU’s CBAM regulation offers a reduction

EU suggests India to create its own carbon tax mechanism

Amid ongoing free trade agreement (FTA) negotiations, the European Union (EU) has suggested that India create its own carbon tax mechanism instead of paying into the EU’s Carbon Border Adjustment Mechanism (CBAM), commerce and industries minister Piyush Goyal said. The CBAM is a tariff on carbon-intensive imports such as steel, cement, and certain electricity products

EU has failed to agree to a package of sanctions against Russia

The EU has failed to agree to a package of sanctions against Russia, ahead of a peace conference to be held in Switzerland. Member states met during the G7 summit in Italy to discuss a set of sanctions put forward by the European Commission at the beginning of May. The sanctions would have been the

EU adopts new rules to decarbonize gas

The European Council announced the adoption of a new regulatory package establishing common market rules for renewable gas, natural gas and hydrogen, aimed at advancing Europe’s shift to renewable and low carbon gases and shifting away from fossil fuels, as well as supporting the EU’s decarbonization goals. The announcement by the EU Council marks the

Shipowners welcome 40% production benchmark

European shipowners welcomed the inclusion of clean fuels for shipping, including advanced biofuels and e-fuels, in the list of net-zero technologies adopted yesterday at the European Parliament under the Net-Zero Industry Act.    The new law introduces a benchmark for the European Commission and EU member states to match 40% of the deployment needs for clean

ERMA FIRST joins charter for EU mission ‘restore our ocean and waters by 2030’

 ERMA FIRST, a leading sustainable maritime solutions provider, has become a signatory of the EU Mission Charter targeting the protection and restoration of regional waters by 2030. The Mission – one of five EU Missions within the Horizon Europe research and innovation programme – aims to “protect and restore the health of our ocean and

Renewable ethanol producers challenge EU’s FuelEU regulation

Renewable ethanol producers in Europe have taken legal action against the European Union’s FuelEU Maritime regulation, asserting that it fails to acknowledge the merits of sustainable first-generation crop-based biofuels. The European renewable ethanol producers’ group, ePURE, released a statement on January 31, contending that the FuelEU Maritime regulation violates EU procedures and fails to recognize

Shipping starts shelling out for EU Allowances

The largest regional green regulations in the history of shipping came into effect yesterday with the industry included in the European Union’s emissions trading system ( EUETS), a market-based measure that sets a cap on allowed emissions. From yesterday, vessels visiting EU ports will be required to offset their applicable CO2 voyage emissions through the