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The Latest Breaking News from IMO

Nations set to agree on shipping emissions cuts but fall short of aligning with climate goals

Maritime nations have been finalizing a plan Thursday to slash emissions from the shipping industry to net zero by close to 2050 but experts warn the deal falls well short of what’s needed to prevent climate catastrophe

The Independent UK

Presumed human remains, debris from Titan submersible recovered by US Coast Guard

The US Coast Guard says it has likely recovered human remains from the wreckage of the Titan submersible and is bringing the evidence back to the United States. The submersible imploded last week, killing all five people on board. The vessel was on a voyage see the wreck of the…

France 24

Marshall Islands, a nation at the heart of global shipping, fights for climate justice

I went sailing on a bright yellow outrigger canoe in the Marshall Islands in March. On board were Alson Kelen, founder of Waan Aelõñ in Majel (WAM, Canoes of the Marshall Islands), and a group of youngsters taking part in a climate justice workshop.

The Conversation

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Shipping emissions could be halved without damaging trade, research finds

Findings come as nations gather in London to discuss new carbon levy

The Guardian - UK

Climate impact of shipping under growing scrutiny ahead of key meeting

Court has been told states are legally responsible for tackling sector’s emissions as IMO talks loom

The Guardian - UK

North Korea denounces UN over satellite, 'gangster-like' US demand

North Korea denounced on Sunday the U.N. Security Council for discussing its recent satellite launch in response to a "gangster-like U.S. request", and it vowed to reject sanctions and take action to defend itself.

Reuters

North Korea informs IMO of satellite launch between May 31 and June 11

North Korea informed the International Maritime Organization (IMO) on Tuesday of a satellite launch slated to take place between May 31 and June 11, the organization said.

Reuters

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Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies

Water transport is a cost-efficient way of moving goods and people — but it emits lots of greenhouse gases

The Independent UK

Global shipping is under pressure to stop its heavy fuel oil use fast – that’s not simple, but changes are coming

Most of the clothing and gadgets you buy in stores today were once in shipping containers, sailing across the ocean. Ships carry over 80% of the world’s traded goods. But they have a problem – the majority of them burn heavy sulfur fuel oil, which is a driver of climate…

The Conversation

Pressure grows on shipping industry to accept carbon levy

World Bank among those urging levy to fund climate action in developing world and encourage fleets to upgrade

The Guardian - UK

Pacific push to decarbonise the shipping industry

Pacific leaders are being urged to front up to the topic of shipping emissions after submissions for the most ambitious decarbonisation targets yet are publicly released

Newsroom.co.nz

Inuit warn ‘rock concert-like’ noise from ships affecting Arctic wildlife

Calls for mandatory measures to reduce underwater noise pollution as melting ice opens up shipping routes

The Guardian - UK

Top Irish doctor says it's likely patients have 'died as a result of avoidable delays' amid hospital crisis

"There is a very real likelihood that some patients will have died as a result of avoidable delays in the system in recent weeks"

Irish Mirror

Concern over antibiotics shortage due to Strep A outbreak

Due to the recent outbreak of Strep-A and the fear associated with it, patients and parents are “more inclined to attend early”

Dublin Live

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Newsroom.co.nz

Cruising for a bruising: $$$s v nature in Milford Sound

As international cruise ships once again ply our waters, there’s renewed debate about whether they belong in one of New Zealand’s - and the world’s - most precious places.

The Conversation

Shipping must accelerate its decarbonisation efforts – and now it has the opportunity to do so

Member states of the International Maritime Organisation (IMO), the UN agency that regulates international maritime affairs, are meeting on December 5-16 to discuss how to accelerate the industry’s climate mitigation efforts.

Irish Mirror

Extension of alcohol licensing laws 'regressive and harmful', IMO says

The organisation accused the Government of not having a coherent policy on alcohol

Bangkok Post

A faster route to greener shipping

Delegates from over 190 countries recently gathered in Lisbon for the UN Ocean Conference, the most important event on this issue this year. Opening the meeting, UN Secretary-General António Guterres urged governments "to raise their level of ambition for the recovery of ocean health".

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The Guardian - UK

‘It’s a total disaster!’ How soaring rents, cutthroat competition and unscrupulous landlords are breaking tenants

Want to rent a flat or house? Be prepared to queue in the street, get into a bidding war or put down a deposit for somewhere you haven’t even seen

The Guardian - UK

UN seeks plan to beat plastic nurdles, the tiny scourges of the oceans

Billions of the pellets end up in the sea, killing turtles, whales and dolphins, and are washed up on beaches around the world

Benzinga

Imperial (IMO) To Report Q2 Earnings: Is A Surprise In Store?

Imperial Oil Limited (NYSEAMERICAN: IMO) is set to release second-quarter results on Jul 29. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $2.14 per share on revenues of $16.7 billion.

The Guardian - UK

Shipping’s dirty secret: how ‘scrubbers’ clean the air – while contaminating the sea

Told to reduce air pollution, the shipping industry could have switched to cleaner fuels – instead, many vessels turned to special devices that simply dump the toxins into the water

Bangkok Post

Ships get older and slower as emissions rules bite

LONDON: If shipping is the beating heart of global trade, its pulse is about to get slower.

Reuters

Russian separatists seize two foreign ships in Mariupol - letters

Russian-backed separatists have seized two foreign-flagged ships in the eastern Ukrainian port city of Mariupol, saying they are now "state property", in the first such moves against commercial shipping, letters seen by Reuters showed.

Benzinga

RBC Capital Ticks Up Imperial Oil Price Target By 1.5%

Imperial Oil Ltd (TSX:IMO) (NYSE:IMO) price target has been raised to C$66 from C$65 by RBC Capital analyst Greg Pardy while maintaining the Outperform rating on the shares. The analyst states that the bullish stance toward Imperial Oil reflects its capable leadership team, favorable long-term operating outlook, strong balance sheet, and commitment to shareholder returns.…

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