MONTREAL — Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still be running in 2050.
The global industry group, which represents over 80 per cent of the world's merchant fleet, is calling for a levy on maritime greenhouse gas emissions to encourage adoption of renewable fuels.
"Today the engines are not available," Grimaldi said. The hard-to-burn fuel requires a specialized internal combustion process. The first-ever ammonia-fuelled ship engines are expected for delivery later this year or in early 2025."For our passenger ships and for our ferries, we are looking more at methanol," said Grimaldi, who also chairs the Naples-based Grimaldi Group, a shipping conglomerate with revenues that topped $7 billion last year.
In Canada, carriers and marine shippers have asked the federal government to beef up funding for sustainable transport, money they hope will flow toward green supply chains and upgrades to existing infrastructure. "We'll all be queuing up and wanting some sort of preferential treatment," he said. "That's going to be a competitive world — there will be limited supply and there will be lots of demanders."
Chynna Wilson had a simple vision for her wedding day — a good location, delicious food and an open bar, but on a small budget.WASHINGTON — The Supreme Court on Thursday made it harder for the federal government to win court orders when it suspects a company of interfering in unionization campaigns in a case that stemmed from a labor dispute with Starbucks. -- Alphabet Inc.