June 2024

Onboard carbon capture technically feasible but commercial uptake relies on industry collaboration and regulatory acceptance, says DNV

Onboard carbon capture (OCC) is attracting interest within the shipping industry, providing shipowners with the opportunity to continue operating on conventional fuels while reducing emissions. However, according to DNV’s latest whitepaper “The potenti…

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Longer maritime routes mean more fuel consumed in shipping following Red Sea attacks

Sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs, indicating increased global consumption as cargo ships, tankers, and other marine vessels take longer routes to avoid the Red Sea. Ship operat…

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