Shipping companies focused on fuel efficiency and emissions reduction may be overlooking a hidden source of cost when operating in rough seas that ClassNK researchers say can quietly erode performance, waste fuel, and damage engine components. A new te…
ClassNK closes the ‘speed gap’ fuel cost of heavy weather Read More »
In a period when global shipping is looking to undetake its most ambitious fleet renewal programme ever, as a result of the sector’s decarbonization process, shipbuilding is experiencing a major overhaul, as a result of US policies. In a recent weekly …
A Shakeout in the Global Shipbuilding Industry is in Full Motion Read More »
Around 13,000 vessels reported their 2024 data on the EU MRV platform in compliance with the MRV guidelines. The CO2 emitted by these vessels in 2024 must be paid for by surrendering 40% EU Allowances (EUAs) for each tonne of CO2. The first due date fo…
First EU ETS shipping payment due 30 September Read More »
In today’s uncertain and turbulent geopolitical and economic environment, Robert Blades, Global Commercial Sales Manager, Peters & May, highlights the increased level of technical research, preparation, loading expertise and industry insight requir…
The Heavy-Lift Work Behind Seamless Out-of-Gauge Cargo Transport Read More »
A potential peace in Ukraine could, in theory, return the tanker market to some sort of normalncy. In its latest weekly report, shipbroker Gibson said that “tanker tonne miles (crude/DPP/CPP) grew 5.4% in 2022 following the invasion and by 7.2% in 2023…
Tankers: Is a return to normal on the Cards? Read More »