#shipping News

LNG_Industry_Pause_Biden
In a surprise move, US president Joe Biden has announced a “temporary pause” on liquified natural gas (LNG) terminal expansion.
Helge Muenkel, CSO, DBS
The Singapore lender, which has cut a third of its coal exposure since 2021, said that its pledge to cease financing new coal assets remains unchanged. It is still undecided on how to account for this emerging emissions category.
School_Fish_Industry_Report
A new study shows that more than 75 per cent of industrial fishing activity and almost 30 per cent of transport and energy activity in the oceans has not been tracked by public systems, revealing a significant gap in global observational data.
LNG_Investment_Transport_Storage
Natural gas is not a clean bridging fuel to renewables, and plenty of failed investments attest to the many risks that come with gas projects.
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#shipping Opinion

Ship passes off the coast of Singapore
The International Maritime Organization (IMO) has one more chance to commit to a 1.5°C future.
A shoal of Pacific sardines in the open ocean.
As with many common resources, the high seas are not yet protected by a truly comprehensive, agreed-upon framework. But this must change if there is to be any hope of achieving global biodiversity goals.
How China could
Transport ministers from across Asia and the Pacific are meeting this week to consider a potentially transformational agenda for how people and goods are moved around the region and across the globe.
angus black cows on pasture
Since 2006, the estimated costs of achieving net-zero greenhouse-gas emissions from the world’s energy, building, industrial, and transport systems have plummeted. In most sectors, a green transition will cost consumers little.
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#shipping Videos

BCG video Eco-Business
EB Studio Asia's green transition pathways need to be socially inclusive given huge differences in economic development across the region, says experts at the Boston Consulting Group. State-owned enterprises have an "outsized" role to play, they add.
Mindoro oil spill_fisherfolk clean up
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
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#shipping Podcasts

Oil clumps on a beach in the resort island of Bintan, Indonesia, near Singapore.
The waste oil dumped into the ocean by ships every year is equivalent to eight Exxon Valdez oil spills, and nowhere is the problem as severe as Southeast Asia. The EB Podcast talks to hotelier Andrew Dixon about how a clever idea using a ship tracking system can help curb an environmental crime that has been largely ignored.
The billion-dollar Gardens by the Bay project is built on 101 hectares of land in Marina Bay, the heart of Singapore's Central Business District.
Climate change is causing sea levels to rise at an alarming rate, and nowhere is more at risk than archipelagic Southeast Asia. Climate scientist Professor Benjamin Horton of the Earth Observatory of Singapore tells the Eco-Business Podcast about the risks of rising waters and what can be done to address the problem.
Red ship on the ocean
EB Studio [The EB Podcast] In the third episode of the series Tomorrow’s cities: Engineering the energy transition, we explore how the shipping industry is charting a course to a low-carbon future.
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