Air Pollution and Energy Efficiency Draft amendments to MARPOL Annex VI. The Committee approved amendments to regulations 1, 2, 14, 18, 20 21 and appendices I and VI of MARPOL Annex VI, with a view to adoption at MEPC 75, which: a. Provide definitions …
ABS: Air Pollution and Energy Efficiency Read More »
The International Chamber of Shipping (ICS) – which represents the world’s national shipowner associations – remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International …
Capesize The market continues to ebb and flow with a generally positive up trend. The Capesize 5TC opened with upward momentum from last week’s $11,621 and nudged to over $12,000. It then dropped to $11,705, however, by close it rallied to $11,909. Wes…
Dry Bulk: Capesize Market Fails to Find Support Read More »
Effective January 1, 2020, in accordance with a mandate from the International Maritime Organization (IMO), the allowable percentage of sulfur in marine fuel will fall substantially, from 3.5% to 0.5%. This looming change, known informally as IMO 2020,…
Just How Disruptive Will IMO 2020 Be? Read More »
Taiwan’s clean energy plan, low reliance on coal, uncertainty on the future of nuclear energy and rising electricity demand collectively signal higher LNG demand in the country. In Asia, even as China leads the charge towards becoming the largest LNG i…
Drewry: Taiwan’s LNG imports to grow; expect more long-term contracts Read More »