News & Analysis as of

Maritime Transport Paris Agreement

Latham & Watkins LLP

International Tribunal on the Law of the Sea Issues Landmark Advisory Opinion on Climate Change

Latham & Watkins LLP on

The Tribunal confirmed that States party to UNCLOS must take measures to prevent marine pollution caused by climate change, on top of their obligations under the Paris Agreement. On 9 April 2024, the International...more

Seward & Kissel LLP

The European Union Emissions Trading System is on the horizon for the maritime transportation sector

Seward & Kissel LLP on

The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. Background - The EU ETS launched in 2005 and on May 10, 2023...more

Akin Gump Strauss Hauer & Feld LLP

Developments in Emissions Trading in the U.K. and EU

As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

Holland & Knight LLP

Future Fuels in the Maritime Sector – Building the Bridge to Hydrogen

Holland & Knight LLP on

International seaborne transportation is a primary driver of international trade and the global economy, with approximately 80 percent of global trade by volume carried by ships at sea. The shipping sector has experienced...more

Jones Day

Singapore Encourages Investment Toward Decarbonizing Shipping - Part of the Jones Day Carbon Disruption series.

Jones Day on

The Situation: Currently, around 90% of world trade is by sea. International shipping accounts for between 2% and 3% of global greenhouse gas emissions, but like aviation, the sector's emissions are not covered by the 2015...more

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