International Maritime Organization has approved a sweeping carbon pricing system that will penalize ships for greenhouse gas ...

India and 62 other countries voted in favour of the world's first-ever global carbon tax imposed on the shipping industry by the United Nations' shipping agency. The decision, taken at the ...

Countries around the world reached an agreement Friday, April 11, to address the environmental impact of shipping, which currently accounts for approximately 3% of global emissions. The deal, ...

The decision, made at the United Nations' shipping talks in London on Friday, marks the first time an entire global sector will be subjected to an international carbon pricing mechanism.

Shipping emissions have grown over the last decade to about 3% of the global total as vessels have gotten bigger, delivering more cargo per trip and using immense amounts of fuel. IMO Secretary ...

Many of the world’s largest shipping nations decided on Friday to impose a minimum fee of $100 for every ton of greenhouse gases emitted by ships above certain thresholds, in what is effectively ...

(AP Photo/Noah Berger) Shipping emissions have grown over the last decade to about 3% of the global total as vessels have gotten bigger, delivering more cargo per trip and using immense amounts of ...

Major nations agree on first-ever global fee on greenhouse gases with plan that targets shipping by: JENNIFER McDERMOTT and SIBI ARASU, Associated Press Posted: Apr 11, 2025 / 04:17 PM EDT ...