Hold your horses! While at first glance it might appear that the regional port market struck yet another record - having advanced by 1.1% year-on-year to a total of almost 952.58 million tonnes in 2019 - there is one all caps, glaring, and extremely concerning caveat, namely the unavailability of hard data from at least a portion of the statistical offices.
Once the coronavirus (COVID-19) pandemic is, hopefully, overcome, it'll be synonymous with a black swan, an unexpected force majeure event that rolls through everything like a thunderstorm, leaving virtually none negatively unaffected.
The IMO 0.5% sulphur cap is now in force globally, while the Poseidon Principles, a banking code aimed at integrating climate considerations into lending decisions, have been widely adopted by many of the major ship finance banks.
A new tool provides the commercial vehicle sector with new means to fight climate change. Companies can track the amount of greenhouse gases (GHG) emitted by their vehicle fleet and then offset these emissions through the Swiss foundation myclimate.