A new report from the MTF’s ‘Project Ammonia’ examines MTF members’ views on the applicable international safety regulatory framework for ammonia as a marine fuel and its future development MAY.04.2022. Houston. The Maritime Technologies Forum (MTF) ha…
MTF report shows pathway to achieving industry consensus on the safe use of ammonia Read More »
COP26 focused global attentions on the urgency of net zero targets. Since, the International Maritime Organization (IMO) has come under pressure to go beyond its initial target of halving emissions by 2050, towards a commitment to zero emission shippin…
Decarbonising global shipping Read More »
In 2019, the European Green Deal was adopted to make Europe the first climate-neutral continent by reducing the EU’s greenhouse gas (GHG) emissions by at least 50% by 2030 and reaching zero net emissions by 2050, compared to 1990s levels. To achieve cl…
Shipping decarbonisation shout for new technologies: developing passive air lubrication Read More »
Global shipping’s fragmentation and the public’s less intense scrutiny of its emissions, along with its heavy debt burden and low margins, mean decarbonisation is a secondary issue for the industry, Fitch Ratings says. The sector’s environmental regula…
Shipping Fragmentation, Importance Deprioritise Decarbonisation Read More »
China is the world’s largest importer of crude oil and Russia is the second largest crude exporter. Much of the crude oil trade between the two countries, however, is piped and the short distance from Far East Russia to China also limits the impact on …
Russia-China dirty tanker trade soars 94% y/y after Ukraine invasion Read More »