Jacob Clausen, Performance Director, NAVTOR, simplifies the complexities of the EU Emissions Trading Scheme (ETS) with a high-level look at the regulatory horizon, allied to a clear lowdown on how shipowners and operators can mitigate risks, manage cos…
The question of who pays and the operational basics on how to set up EU Emission Trading Scheme (ETS) accounts still need to be answered as the industry draws ever closer to the January 1, 2024, compliance deadline. Experts at a Baltic Exchange Dry Car…
Getting practical on EU ETS compliance Read More »
Led by DNV, the Nordic Roadmap project brings together key stakeholders from across the Nordic region in comprehensively plotting a course for the transition to zero-emission fuels. This starts with collaboration and technical developments, providing t…
The Nordic Roadmap: Plotting a course for the maritime energy transition Read More »
In the final week of October, crude freight rates on the VLCC MEG-China route witnessed a decline, accompanied by a noticeable uptick in the number of vessels at the VLCC Ras Tanura port. This occurred amidst persistent challenges in the oil industry, …
BIMCO has just issued a new Carbon Intensity Indicator (CII) clause for voyage charterparties. Here are the main issues owners and charterers should be aware of. The Carbon Intensity Indicator (CII) regulations have been in force since 1 January 2023 a…
New CII clause – advice to owners and charterers Read More »