Values for five year old VLCCs are currently at the highest levels since 2009. For example, 320,000 DWT, 5YO are currently valued at USD 95.74 mil, up 33.12% from the start of the year from USD 71.92 mil in January. Overall, Tanker sales have risen thi…
Tanker values at 13 year high Read More »
IMO 2030 and IMO 2050 Under IMO’s initial strategy, the shipping industry needs to reduce carbon intensity (CO2 emissions per transport work) by at least 40% by 2030. This figure almost doubles to 70% by 2050 and targets a complete phasing out by the e…
Decarbonisation developments and challenges: Plugging the gap with bridging fuels Read More »
New research from the Tyndall Centre at The University of Manchester highlights an urgent global need for investment in green fuels this decade to meet the Paris Climate goals. A new report published today from the Tyndall Centre at The University of M…
Governments urged not to miss the boat on green fuel shipping Read More »
It is undisputable that we need to drive a lower carbon future. But how can we best achieve this with the resources we have at hand? In this article Kenneth Tveter, Head of Clarksons Green Transition team provides his views. There are plenty of opinion…
LNG – The just transition calls for sustainable use of alternative fuels Read More »
As world leaders gathered in Sharm el-Sheikh, Egypt, for COP27 on November 7-8, emissions from shipping remained a key focus. While shipping is not covered by the Paris Climate Accord – the main thrust of COP27 – the decarbonisation of the …
Shipping in COP27’s sights Read More »