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Sustainability at Sea: How DP World Is Charting a Green Future for Maritime Trade

3BL Media

Achieving net-zero emission by 2050 is our north star. There, container ships can shut down their auxiliary diesel engines and plug into the local electrical grid while berthed – cutting emissions by up to 80%. A second hybrid-electric ferry, Liberte, came online in 2024. We’re not betting on a single technology.

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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows

3BL Media

This report should serve as a wake-up call: we need a rapid decline in emissions starting from now – not in five years’ time – if net zero by mid-century is to remain a possibility.” This is far from achieving net zero – and breaches the Paris Agreement with a global warming result of 2.6

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Global shipping finance portfolio moves closer to alignment with net zero climate goals

Envirotec Magazine

Data from financial institutions appear to show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), which aim to remove emissions from international shipping by 2050.

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Carnival Corporation Honored With Three Prestigious ESG Shipping Awards for 2024

3BL Media

MIAMI, May 23, 2024 /3BL/ - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company and its AIDA Cruises line were honored with three ESG Shipping Awards for environmental excellence at an international ceremony in Athens, Greece this week.

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Citi, BofA Join Goldman Sachs and Wells Fargo in Exiting Net Zero Banking Group

ESG Today

Launched in 2021 with Citi and BofA as founding members the Net-Zero Banking Alliance is a coalition of more than 140 banks spanning 44 countries. Bank of Americas net zero finance goal also dates to early 2021 , and the bank has also set a series of financed emissions reduction targets for key sectors.

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Green shipping corridors face a “feasibility wall”, says new report

Envirotec Magazine

The idea of green shipping corridors – referring to specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – has gained currency in recent years, but progress could stall without urgent action from governments to overcome a “feasibility wall.”

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DP World Receives Largest-Ever Vessel to the Dominican Republic, Advancing Trade

3BL Media

SANTO DOMINGO, Dominican Republic, November 27, 2024 /3BL/ - DP World , a global leader in logistics and supply chain solutions, has successfully received the MSC Marie, an Ultra-Large Container Vessel (ULCV), at the Port of Caucedo, the largest ship to ever dock in the Dominican Republic.