COP26 focused global attentions on the urgency of net zero targets. Since, the International Maritime Organization (IMO) has come under pressure to go beyond its initial target of halving emissions by 2050, towards a commitment to zero emission shippin…
Decarbonising global shipping Read More »
In 2019, the European Green Deal was adopted to make Europe the first climate-neutral continent by reducing the EU’s greenhouse gas (GHG) emissions by at least 50% by 2030 and reaching zero net emissions by 2050, compared to 1990s levels. To achieve cl…
Shipping decarbonisation shout for new technologies: developing passive air lubrication Read More »
The pace with which the EU has been importing LNG by sea is tremendous so far this year, as a result of the situation in Ukraine. In a recent report, shipbroker Banchero Costa said that “in 2021, the European Union (27) was the third largest seaborne i…
EU Seaborne LNG Imports Growing With Tremendous Pace Read More »
China is the world’s largest importer of crude oil and Russia is the second largest crude exporter. Much of the crude oil trade between the two countries, however, is piped and the short distance from Far East Russia to China also limits the impact on …
Russia-China dirty tanker trade soars 94% y/y after Ukraine invasion Read More »
Both dry and liquid bulk shipping markets will be reshaped this year on the back of supply chain friction and the war in Ukraine, while supply chain problems are expected to “drag on through” 2022. Analysts at ING expect trade growth of between 1% and …
Supply chain snarls and the war in Ukraine will change cargo flows Read More »