In 2023, the International Maritime Organization (IMO) adopted a revised strategy that aims to reduce greenhouse gas (GHG) emissions from international shipping to net-zero by or around 2050. The strategy includes indicative checkpoints targeting a 20%…
Vision 2050: Fuel standards to align international shipping with the Paris Agreement Read More »
Using VesselsValue data, we break down the South Korean orderbook by number of vessels and market value, highlighting the top five owners within the orderbook, the percentage of the fleet being ordered with dual-fuel capabilities, and the top 10 owners…
South Korea’s orderbook tops $138 billion with LNG sector sweeping 52% Read More »
Shipbrokers are playing their part in the industry’s decarbonisation as it tussles with a tangle of emissions regulations, not least the EU Emissions Trading System (ETS) and FuelEU Maritime. Speaking at a joint Institute of Chartered Shipbrokers and B…
Carving out support roles for emissions regs Read More »
Methane slip, as based on standard factors, can account for up to 24% of GHG emissions from an LNG-fuelled vessel. As an alternative to using standard factors for the reporting of CO2 equivalents, direct methane emissions monitoring has the potential t…
Methane slip measurements to reduce reported GHG emissions Read More »
Following the recent imposition of U.S. tariffs on Canadian crude oil imports, trade flows have undergone a significant shift, with Canadian barrels increasingly redirected toward European markets. This trend is evident in the March 2025 data, which sh…