With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen since early 2020. Following the OPEC+ decision not to release additional crude oil volumes on the market …
Bunker buyers lose up to $5/mt for not covering enough suppliers Read More »
New regulation from the International Maritime Organization (IMO), which will require existing ships to reduce carbon emissions, is due to enter into force in just under one year. As compliance will benefit to a large extent from co-operation between s…
BIMCO Publishes Eexi Transition Clause Ahead Of IMO Efficiency Regulation Read More »
Amid the wall of COP26 noise, at times it has been difficult to separate out the firm commitments and achievements of the last two weeks. But there is no doubt progress has been made in global maritime activity. Twenty-two countries, including the UK, …
Shipping Gets Ready for Green Corridors Read More »
In terms of global intervention, there are the IMO’s mandatory short term goal-based technical and operation measures for the reduction of greenhouse gas (GHG) emissions – namely, the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity In…
Decarbonisation in shipping: Contractual and charterparty issues Read More »
AFC Energy, a leading provider of hydrogen power generation technologies, is pleased to announce a milestone achievement set to unlock adoption of Ammonia and high energy dense alkaline fuel cell technology in the multi-billion-dollar effort to decarbo…
DNV Green Lights Zero Emission Bulk Cargo Shipping Solution Read More »