The IMO specification change will limit Sulphur content in ships’ fuel oil from 3.5 to 0.5 percent from January 2020. This will shift a large amount of bunker demand from high-Sulphur fuel oil (HSFO) to low-Sulphur fuel oil (LSFO) and gasoil across reg…
Changes To China’s Tax Treatment Of Fuel Oil Shakes Up Bunker Market Read More »
A new GHG Pathway Model from the latest Maritime Forecast to 2050 report can help the maritime industry to assess and prepare for the effects of regulatory and technological change in reducing world fleet greenhouse gas emissions. “Meeting Internationa…
ABS Chairman, President and CEO, Christopher J. Wiernicki, mapped out the future of marine fuels in a high-profile speech at the 15 th annual World Shipping Summit yesterday. “Technology advances of the next decade may entirely change our view of the f…
To mitigate the environmental impact of this increase, the International Maritime Organization (IMO) recently adopted a new strategy aimed at reducing greenhouse gases (GHG) from shipping by 50% by 2050 compared to 2008 levels. This comes on top of the…
Sailing towards a carbon-neutral future Read More »
By matching the movement of ships to the changes in clouds caused by their emissions, researchers have shown how strongly the two are connected. When ships burn fossil fuels, they release airborne particles containing various naturally occurring chemic…
Satellite tracking shows how ships affect clouds, climate and sulphur emissions Read More »