U.N.-led transfer of oil averts disaster off Yemen's Red Sea coast
The ship-to-ship transfer extracted as much of the 1.14 million barrels of oil as possible, leaving under 2% aboard.
International Maritime Organization (IMO)
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U.N. starts unloading oil from Yemen tanker to prevent disaster
Without U.N. intervention, the tanker could have released as much as four times the oil spilled by the Exxon Valdez in 1989.
Nations agree to cut shipping emissions to net zero by 2050
If accomplished, the goals are significant because the industry accounts for 2.9% of global carbon emissions. Diesel powers most of the world's 100,000 cargo ships.
U.N. agrees to buy $55M crude carrier for removing stranded oil
The stranded supertanker FSO Safer has been moored off the coast of Yemen – toward the end of a pipeline to the oil and gas fields near Marib city – and nearly sank in 2020.
US$5 billion fund to cut shipping CO2
A London-based trade association proposed creating an organization to run a US$5 billion research fund for eliminating carbon from global shipping.
World Bank and IMF accent island nations
The World Bank and IMF opened fall meetings to survey a slowing world economy, U.S.-China trade war and urgent climate threats to small island nations.
New e-data shipping rules come online to standardize public data
The International Maritime Organization requires industry upgrades and streamlining electronic information exchanges.
'Low profile' multilateralism: North Korea's hidden avenues to the world
A U.S.-North Korea summit could expand a little-known aspect of a tightly controlled and secretive nation: North Korea's extensive involvement with international organizations.