Strait of Hormuz: Economic impact of the blockade
The Strait of Hormuz is closed. As it is the only sea route for one-fifth of global oil production, the blockade is leading to rising energy prices and freight costs.
By Nina Anika Klotz
The Strait of Hormuz is closed. As it is the only sea route for one-fifth of global oil production, the blockade is leading to rising energy prices and freight costs.
By Nina Anika Klotz
The European Union remains heavily dependent on China in key areas of the maritime sector. The European Commission is set to present a maritime strategy and a dedicated ports strategy in early March. Germany and the EU must make targeted investments in this sector.
By Reinhard Lüken
A broad Chinese alliance from industry and research wants to establish dimethyl ether as a clean and safe fuel for ships. Compared to methanol and ammonia, DME offers advantages in terms of handling and compatibility with existing engines.
By Julia Fiedler
According to a paper by think tank GIDS, Germany and Europe could use unused levers to limit the risks posed by inadequate shadow fleet tankers. Marine protected areas and a better picture of the situation are cited as important measures here.
By Lisa-Martina Klein
A US-led alliance has prevented climate targets for international shipping. Expert Felix Klann from Transport & Environment explains what is now being worked on nonetheless.
By Alex Veit
Last week, the USA blocked the planned adoption of the world’s first climate levy for ships in the IMO. Nevertheless, environmental groups are pushing for the details of the agreement to exclude fuels from forest destruction in the future.
By Bernhard Pötter
South Korea is planning to help the USA rebuild its shipbuilding industry. China has now sanctioned the South Korean shipbuilder Hanwha Ocean as a result.
By Redaktion Table
The International Maritime Organization (IMO) is currently negotiating new rules on decarbonization. If the proposal under discussion is adopted, discussions on technical implementation will follow. With effective sustainability rules, shipping could become a global driver for green e-fuels.
By Ulf Neuling