In this week’s spotlight Fathom explores both the opportunities and the challenges that the Arctic region is bringing to the shipping industry and takes a look at why ship owners should remain cautious when it comes to capitalising on the Arctic as an alternative route of shipping.
The 68th session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) saw a number of provisions adopted and amendments made to reduce the environmental impact of shipping operations.
The Third Greenhouse Gas Study (GHG) 2014 has revealed that international shipping emissions have decreased 0.6% in 2007, when compared with 2012 levels.
The International Maritime Organization’s (IMO) added provisions for the Polar Code are not adequately protecting the Antarctic environment from shipping, environmental group Antarctic and Southern Ocean Coalition(ASOC) has argued in an emailed statement.