LR is providing assurance support for a European Commission funded project – within the Horizon 2020- program, Current Direct, that is set to transform not only shipping’s energy sources, but also some of the sector’s energy procurement business models…
Batteries – key component of shipping’s future digital energy networks Read More »
Demand from ship recycling yards for more vintage tonnage, has already increased rates, which in turn, could lead to a rise in overall supply. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as the week moved at a snail’s pace…
Demand Boosts Demolition Rates, Could Lead to More Scrappings Read More »
It smells pungent and if a mere 0.5 per cent of the air you breath consists of it, it will kill you. And yet ammonia is being heralded as one of the best zero-carbon fuel options for deep-sea shipping in particular. In this article we will highlight so…
Smells like sustainability: Harnessing ammonia as ship fuel Read More »
With the International Maritime Organization calling for a 50% decrease in international shipping emissions by 2050 compared to 2008 rates, stakeholders across the maritime value chain are committed to commercializing and scaling zero-carbon vessels an…
Why Mexico is ideally placed to become a zero-carbon shipping fuels hub Read More »
A slowdown in seaborne crude oil imports from China, the biggest market for tankers, has inevitably hurt the segment in 2021. In its latest weekly report, shipbroker Banchero Costa said that “the year 2021 was once again a very bad year for crude oil t…
Chinese Oil Imports Hurt Tanker Trade in 2021 Read More »