April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand to fall disproportionally. This was because exports to Asia dropped to 3.7 million tonnes from 5.5 million t…
Tonne Miles From US Crude Oil Exports Drop Dramatically In April Read More »
New requirements for ships to cut sulphur oxide emissions enter into effect on 1 January 2020, marking a sea change in fuel used by ships, globally, which will significantly reduce air pollution from ships with positive benefits for human health and th…
The impact of the upcoming IMO 2020 regulations on the shipping and refining industries is well understood. And we know that an increase in freight rates for raw materials such as iron ore and coal will likely translate to higher costs for the steel se…
Beyond bunkers: The surprising impact of IMO 2020 Read More »
Changing weather patterns, rising sea levels and decreasing biodiversity. We are already experiencing the physical impacts of climate change which has become one of the most important issues the world is facing today. As shipping accounts for 2-3% of g…
Maersk: Towards a zero-carbon future Read More »
As a transport fuel, hydrogen has already become a solution for road transport, powering fuel cells in cars, buses and trucks, and will soon generate electricity in ships. Work is under way to overcome some of the key challenges facing hydrogen as a fu…
Building a marine supply infrastructure as part of a future hydrogen society Read More »