A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewa…
Ship owners have been aggressively booking newbuilding yard slots for containerships and gas carriers. In its latest weekly report, shipbroker Allied Shipbroking said that “the Shipbuilding industry continues to hold its primary focus on the containers…
Ship Owners Stock Up On Newbuilding Containerships and Gas Carriers Read More »
The maritime industry and its impact on the environment has been under increasing scrutiny recently, as it has been assessed that it emits around 940 million tonnes of CO2 annually, accounting for almost 3% of global CO2 emissions. It is projected that…
The contrast between the international climate talks taking place in the UK this week and the OPEC+ meeting taking place on Thursday could not be starker when it comes to the promises and demands of at least one developed country. On the one hand, Pres…
Disconnect between oil supply and demand Read More »
Availability remains tight amid strong demand in Panama, while recommended lead times have dropped Zona Comun just ahead of potential weather disruptions. Supply continues to be tight in Panama, especially for HSFO380 but also other grades. Suppliers h…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »