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Decisive policy is a must if shipping is to hit net zero by 2050, argues new report

E&T

It is possible for sustainable shipping fuels to reach cost parity with fossil fuels by 2035, but only with the help of decisive emissions policy, according to a new report from technology company Wärtsilä.

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Reshoring and FDI Up 53%, a New Record

Gary Mintchell

On the other hand, I always felt it foolish to ship jobs out of the country resulting in less manufacturing here. Government is finally warming up to an industrial policy, though a more comprehensive plan could be achieved at a lower cost. A true industrial policy would accelerate the trend and increase U.S.

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Shipping taking promising first steps towards 2030 breakthrough goals on scalable zero emission fuels

AU Manufacturing

The shipping industry is working towards full decarbonization by 2050 at the latest and last year an action plan was launched on which both private and public actors can focus their collective efforts around this and coming decades. Media Release by Getting to Zero Coalition.

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Drought conditions force Panama Canal to lower maximum depth limit for ships

E&T

The restrictions, which will take effect from today (Wednesday), mean that so-called neo-Panamax container ships seeking to cross the canal connecting the Atlantic and Pacific Oceans must comply with a maximum depth of 47.5ft, down from 50ft (technically 49.9ft), obliging them either to weigh less or otherwise transport fewer goods.

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Electric Boat & Ship Markets Sail Past 1GWH in 2023, Reports IDTechEx

i4.0 today

The new IDTechEx report, “ Electric Boats & Ships 2024-2044 “, provides granular 20-year forecasts in unit sales, battery demand (GWh) & battery market value ($ bn) for electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and electric recreational boats by power class (25kW).

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Australian Manufacturing PMI declines to 50.2 in December— Judo Bank

AU Manufacturing

“The latest PMI survey results are consistent with the RBA’s policy changes in 2022 effectively re-balancing the economy without causing a sudden downturn in activity. This comes amid pressure from deteriorating economic conditions and higher interest rates according to panellists. .

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More than four in five Aussie businesses buy Australian Made

Manufacturer's Monthly

You also get the certainty of local delivery timeframes in an uncertain global shipping market,” said Lazzaro. All businesses that participated in the survey recognised the Australian Made logo, with 85 per cent confident products displaying the iconic green and gold kangaroo symbol were actually made or grown in Australia.