Posted by Alumni from WEF
March 22, 2024
This week: 'slow steaming' may be coming to an end as cargo ships take longer routes to avoid conflicts; cites employ innovative strategies to curb air pollution; organizations boost efforts to bring financial services to rural areas; and UNHCR warns that the global population of refugees could double in the next decade. The end of 'slow-steaming'' ' Emissions from container ships transporting goods from Asia to Europe could increase substantially in light of the Red Sea conflict. This is because shipping lines are rerouting their vessels around the Cape of Good Hope instead of using the Suez Canal. To make up for the extra distance, ships are increasing their cruising speed, putting an end to nearly a decade of 'slow steaming' ' a strategy employed to save on both fuel costs and lower CO2 emissions. As as result, shipping analysts Sea-Intelligence predicts an increase in CO2 emissions of between 31% and 66% for journeys from Asia to northern Europe or the Mediterranean. Cities... learn more