The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to …
Global Shipping Finance Portfolios Begin to Stabilize Read More »
In the run up to the UN climate conference – “COP26” in Glasgow, we are pleased to share guest author – Haris Zografakis’ thoughts on the need for a new contractual structure in shipping to immediately reduce GHG emissions rather than simply wait…
The third pillar: a contractual architecture for maritime decarbonisation Read More »
In 2018, recognising that ships are one of the major contributors to global carbon emissions, the IMO (the International Maritime Organization) formulated a strategy for Greenhouse Gas (GHG) reductions in shipping. They expressed their vision in writi…
MARPOL Annex VI: Ship decarbonisation – IMO strategy of 2018 Read More »
With the need for action on climate change becoming increasingly urgent, the maritime industry could make good use of autonomous technology to support its decarbonisation efforts, advises One Sea, the open alliance leading the way towards autonomous sh…
One Sea clear on environmental benefits of autonomous shipping Read More »
Bunker sales in the world’s largest bunkering hub fell to 3.94 million tonnes in September, the lowest level since June 2020 and a 6.7% drop from September 2020. Compared to September last year, the largest drop is registered in sales of low-sulphur fu…
Singapore’s September bunker sales fall to 15-month low Read More »