The new 0.5% sulfur cap on fuel content for the global maritime industry means the container-shipping industry will need to offset up to $10 billion in incremental costs, starting Jan. 1, 2020, when the cap is slated to take effect, said a study.IMO…
IMO 2020 to Cost USD10bln Read More »
The barriers and incentives relating to the uptake of alternative fuels in the shipping industry were in the spotlight at a roundtable meeting of International Maritime Organization (IMO)’s Global Industry Alliance (GIA) to Support Low Carbon Shipping …
GIA Focus on Alternative Fuels Read More »
The port of Ferrol hosted its first liquefied natural gas (LNG) bunkering operation recently which saw two ferries filled with LNG by Repsol in the port’s Mugardos terminal.Recently built by Turkish shipyard Tersan, the Samnøy and Huftarøy ferries…
Spanish Port Hosts First LNG Operations Read More »
The consortium promoting the commercial case for liquefied natural gas (LNG), SEA\LNG, believes LNG is a viable pathway to meet the International Maritime Organisation (IMO)’s 2050 Greenhouse Gas (GHG) targets.The maritime industry really has…
LNG Meets IMO Goals: SEA\LNG Read More »
The shipping and logistics company NYK (Nippon Yusen Kabushiki Kaisha) has concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd.The ship will be able to load 4.3 milli…
Oshima Shipbuilding Bags NYK Vessel Order Read More »