Shipping has talked itself into a convenient, yet erroneous, belief: that headline efficiency percentages on paper tell an owner what a clean technology will deliver in the real world. In reality, a single figure quoted out of context, or a fuel saving…

Shipowners and ship managers who pay the bill for emissions under the EU Emissions Trading System (EU ETS) may not be able to recover those costs from the party that mostly drives those emissions through the ship’s operation, according to a new academi…