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Sails And Satellite Navigation Could Cut Shipping Industry’s Emissions By Up To A Third

In the vast expanse of the world’s oceans, a transformation is underway. The international shipping sector, made up of thousands of massive cargo ships laden with many of the goods we buy, emits carbon dioxide (CO₂) roughly equivalent to the entire cou…

Sails And Satellite Navigation Could Cut Shipping Industry’s Emissions By Up To A Third Read More »

Simplified Global GHG Fuel Standard for marine fuels put forward to help meet net zero target

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, and the International Bunker Industry Association (IBIA), which represents the global bunker industry, have submitted a joint proposal to the shipping…

Simplified Global GHG Fuel Standard for marine fuels put forward to help meet net zero target Read More »

Silk Alliance scopes out fuel supply chain requirements to operationalise green corridor cluster

A progress report from the Silk Alliance projects a strong and increasing demand for methanol and ammonia from 2030 onwards. It estimates more than 3 million tonnes of clean methanol and a minimum of 280,000 tonnes of clean ammonia will be required by …

Silk Alliance scopes out fuel supply chain requirements to operationalise green corridor cluster Read More »

EU-agreement on waste shipments opens the door for responsible recycling of EU-flagged ships outside EU and OECD

The European Parliament and the Council have reached an agreement on updated and more efficient rules for waste shipments. Of special relevance to the shipping community, this new agreement will make it possible to responsibly recycle EU-flagged ships …

EU-agreement on waste shipments opens the door for responsible recycling of EU-flagged ships outside EU and OECD Read More »

Growth in VLCC dirty tonne days slowed to its lowest level of the year in the fourth quarter

In the third week of November, crude freight market sentiment recorded a decrease with VLCC AG to China rates holding a resistance for firmer levels, however, when looking at the demand side there has been a further decrease in VLCC dirty tonne days gr…

Growth in VLCC dirty tonne days slowed to its lowest level of the year in the fourth quarter Read More »