The market is expecting that some 3,000 vessels in service will have scrubbers installed by the time the IMO 2020 regulation comes into effect from 1 January 2020. The alternative course will be to operate vessels without scrubbers and consume low-sulp…
Weighing the accounting implications of IMO 2020 Read More »
Venture capital interest in maritime technology has grown significantly in recent years. As barriers to adoption fall, there is still scope for even higher levels of investment. Historically, the maritime sector was an enthusiastic adopter, indeed pion…
Venture capital investment in maritime technology Read More »
As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, Drewry is pleased to announce the publication of its first low-sulphur reference bunker index tracker. In re…
Drewry publishes first low-sulphur BAF reference price Read More »
“A joint study of DNV GL and MAN evaluated that liquefied petroleum gas (LPG) is at least as attractive an energy source as liquefied natural gas (LNG), with shorter payback periods, lower investment costs and lower sensitivity to fuel price scenarios….
Making LPG fuel an option for the shipping industry Read More »
Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while looking ahead costs are expected to continue rising at a similar pace in 2020 on a hardening insurance market before…
Ship operating costs rise on higher R&M and insurance spend Read More »