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global shipping

The growing cyber threat to global shipping

The cyberattack that paralyzed several major Australian ports was a sharp reminder of what governments and experts say is a growing threat to shipping, the lifeblood of the global economy.The attack on DP World's ports -- which handle 40 percent of Australia's freight trade -- forced them offline for days and was the latest in a series of breaches at ports around the world in recent years. - Who has been targeted? -Cyberattacks have disrupted or halted operations at some of the world's busiest ports in recent years. A…

The UN just set a net-zero goal for shipping. Here’s how that could work.

The next two milestones, at 2040 and 2050, could be harder to hit. Efficiency improvements and operational measures won’t be enough to get global shipping to net-zero emissions by 2050. Decarbonizing shipping is a multitrillion-dollar endeavor and will require technological advancements, including wide use of low- and zero-emissions fuels like green hydrogen, methanol, and ammonia, which are largely yet to be demonstrated or adopted in commercial operations. The stakes for decarbonizing the global economy, including…