To have any hope of meeting the Paris and Glasgow Agreement goals we need to remove 6–7 gigatonnes of CO2 from the atmosphere every year from 2050 onwards. Alternative fuels and energy saving will help, but too much CO2 is being emitted all the time, a…
DNV supports innovations in CO2 carrier design Read More »
Valve maintenance is an essential element in ensuring seaworthiness: without the right valves, in good condition, a vessel is not fit to sail. In these circumstances, owners and operators can rapidly lose valuable operational time while trying to sourc…
Digital valve management: faster, safer and less wasteful Read More »
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would generate a sizable financial gain. Tobias Adrian, Patrick Bolton and Alissa M. Kleinnijenhuis from the IMF ca…
Financial gains support coal transition Read More »
In October 2020, the order book for new container ships bottomed out at 8.4% of the combined trading fleet. For ships smaller than 8,000 TEU, the order book bottomed out one month later at 3.7% of the trading fleet, and only accounted for 18.2% of the …
Boost in orders for ships below 8,000 TEU drives order book to 17.3% of fleet Read More »
Cargo owners battered by the spiralling costs of container shipping would do well to look into spot rates on the main China to US trade corridor at present. That’s the message from Oslo-based Xeneta, which crowd sources the very latest ocean and air fr…
Spot rates fall below long-term levels on main China to US West Coast trade Read More »