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 In February, Hapag-Lloyd became the first shipping company in the world to have its entire own-managed fleet certified in accordance with the IMO’s Energy Efficiency Design Index (EEDI). The independent certification was carried out by Germanischer Lloyd and shows that many vessels in the Hapag-Lloyd fleet have an EEDI that is between 20 and 27% better than the average figure for the active global fleet in their respective classes.
Add Comment  The trial to decide who should pay for the 2010 Gulf of Mexico oil spill has been delayed by a week, to allow BP Plc to try to cut a deal with tens of thousands of businesses and individuals affected by the disaster. Less than 24 hours before the case was set to start in a New Orleans federal court, U.S. District Judge Carl Barbier pushed back the date to March 5 from February 27.
 Speed controls on shipping could save billions in lower ship fuel bills, cut air pollution and enable the shipping industry to play a full part in tackling climate change according to a new report.An immediate emissions cut of 15% is achievable, according to the study into the feasibility, costs and benefits of regulated slow steaming, commissioned by environmental groups Seas At Risk and T&E and undertaken by consultants C.E. Delft.
 The World Bank on Friday said the world's oceans were at risk and called for a coalition of governments, NGOs and other groups to protect them, aiming to raise $1.5 billion in five years."The worlds oceans are in danger," from over-fishing, marine degradation and loss of habitat, World Bank president Robert Zoellick said. "Send out the S-O-S: We need to Save Our Seas."
 With settlement talks grinding on, the trial of BP over its culpability for the massive 2010 oil spill in the Gulf of Mexico looks set to begin Monday in a New Orleans courtroom — and two nearby overflow rooms — packed with lawyers, public relations specialists, reporters and other observers.
 The International Maritime Organization will next week debate market-based measures to cut greenhouse gas emissions from ships, but the world's major shipping associations on Wednesday said the timing is not right for such measures to be applied.
 A federal judge ruled Wednesday that BP PLC and one of its minority partners in the blown-out Macondo well are liable for civil penalties under the Clean Water Act for their roles in the nation's worst offshore oil spill. U.S. District Judge Carl Barbier also ruled that Deepwater Horizon rig owner Transocean Ltd. may be liable under the same law as an "operator" of the well. The judge, however, said he couldn't decide before a trial scheduled to start Feb. 27 whether Transocean meets the definition of that term.
 Market-based measures to reduce greenhouse gas emissions from international shipping will be among the key items on the agenda of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO), when it meets for its 63rd session from 27 February to 2 March 2012, at IMO Headquarters in London.
 European Union finance ministers asked the bloc’s regulator to analyze how putting a price on greenhouse gases from global aviation and shipping could help raise funds to protect the climate.Carbon pricing would generate a signal to cut pollution more efficiently and has the potential to generate “large financing flows,” ministers from the 27-nation EU said in a statement today, after a meeting in Brussels that included a discussion on financing the battle against global warming.
 A minority partner in BP's blown-out well in the Gulf of Mexico agreed Friday to pay $90 million in a settlement with the federal government and Gulf states over the 2010 oil spill. It includes the largest civil penalty ever recovered under the federal Clean Water Act. MOEX Offshore 2007 LLC owned 10 percent interest in the Macondo well, about 50 miles off the Louisiana coast.
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