The destination for decarbonization is already set as the International Maritime Organization (IMO) has made the large-scale development and deployment of carbon-neutral fuels a core part of its long-term strategy. The Poseidon Principles signed by maj…
Scenario modelling shows possible decarbonization pathways Read More »
The hesitant recovery in global demand for oil looks set to grind to a halt, putting pressure on crude and products trade. The combination of Covid-curtailed air travel and a slowdown in Chinese buying bring sad tidings for oil movements in the fourth …
Crude demand heading south Read More »
Before implementation of the IMO-2020 global sulphur cap, there were concerns on the properties of the new fuel blends – it was anticipated that the characteristics of compliant fuels could vary considerably. With these concerns in mind, the Stan…
BIMCO is concerned that the inclusion of shipping in the EU Emissions Trading Scheme (ETS) will inhibit global action on reducing CO2 emissions. “If the EU implements a regional ETS, shipping risks getting hit by multiple emission trading systems which…
BIMCO: EU Emission Trading Scheme will inhibit global CO2 reductions Read More »
New trends in US crude trade may arise, as oil demand recovers but impacts from the Covid-19 pandemic on US oil supply linger. US crude exports have expanded sharply in recent years following the lifting of US oil export restrictions in December 2015, …
US crude exports to remain stable, but seaborne imports likely to rise Read More »