There has been increasing interest in expanding existing domestic emission trading schemes to also cover international shipping. There is now agreement in the EU on how the EU’s emission trading system will be applied to shipping from 2024. Owners and …
The EU Emission Trading System – are you ready? Read More »
Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the invasion of Ukraine. However, after a 4% m/m fall in June, volumes fell another 16% m/m in July, and the Russian administration has announced export cut…
Russian Seaborne Crude Oil Export Volumes Fall 16% M/M And May Fall Further Read More »
Greece is the largest shipowning nation in the world, as Greek shipowners control the highest share, 21%, of the global merchant fleet in terms of deadweight tonnes – dwt. During the last ten years the total capacity of the Greek merchant fleet, …
UGS: Greece Maintains Its Status as Leading Shipowning Nation Read More »
The International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) update in July paints a picture of near-term resilience amid persistent challenges for the global economy. Global growth is projected to decelerate from 3.5 percent in 20…
Economic Resilience Tempered By Persistent Challenges Read More »
LSEG (London Stock Exchange Group) and Siglar Carbon, a maritime emissions analytics company, have announced an agreement to enable customers to evaluate the different carbon options for cargo programmes via Workspace. The agreement will combine Siglar…
Emissions insights could cut EU-mandated carbon costs of shipping by 50% Read More »