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...Vago added that the IMO now “actually understood” their argument for an amendment and he was “hopeful” the formula would be amended at the next meeting of the IMO’s marine environment protection committee...
Britain falls to second most appealing European country to deploy capital, according to CBRE survey
...Ahead of the IMO talks France rallied 22 allies behind calls to impose a levy on shipping emissions and align the industry with the 2015 Paris Agreement’s aim to limit global warming to 1.5C above pre-industrial...
...The huge wing sitting in a corner of the Scottish port of Hunterston does not look like part of a ship — but the 20m-long device could be one of the shipping industry’s weapons to fight carbon emissions....
...Dominguez also expressed admiration for how the shipping industry had coped with the security crisis around the Red Sea. “Shipping continues to be resilient,” he said....
...The tech industry has also experienced an exodus. An adviser to the economy minister said last September that 50 per cent of Iran’s tech start-ups had applied to set up abroad....
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...Michael Barrass, marine risk management consultant at insurer RSA, said the IMO’s existing safety regulations were “not really built to deal with EVs” and added: “The industry is moving forward but probably...
...The capture of the bulk carrier Abdullah off the Somali coast is the first such incident since December, underlining what the industry sees as a growing risk for commercial shipping....
An unwinding of the Ticketmaster deal no longer looks far-fetched
...The airline industry is largely united in opposition to the rule....
People in the US are being squeezed to such an extent that they are spending less altogether
...In an effort to encourage the sector to clean up, the IMO in January introduced the Carbon Intensity Indicator, which grades individual ships based on their emissions from A to E....
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...The outcome could have ramifications beyond the industry....
Smol bean bag
...It’s amazing to think quite how recently private capital management was a pretty-much-nothing industry. Back in 2003, the entire sector’s AUM was less than $500bn....
...In July, diplomats at the IMO agreed on a target for shipping to hit net zero emissions “by or around” 2050....
A glut of apartments available in the French capital this summer is pushing down prices
Investors should take a hard look at the core retail business and reset their expectations accordingly
Aggressive acquisitions have pushed sportswear chain into more than 30 countries
...Turkey’s buoyant tourism industry has also provided a boost....
The gaming giant once made as much as 5% of its total sales from Blizzard games
Sellers will be able to charge different prices to consumers based on the card they use
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
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