There is no denying that a sudden plunge in oil demand on account of COVID-19 proved to be a blessing in disguise for the oversupplied crude tanker market in 2Q20, which led to a surge in onshore and offshore storage of crude in March-April. While an i…
Floating Storage: A Ticking Time Bomb For The Crude Tanker Market Read More »
A new concept for a collaborative global ecosystem of maritime transport decarbonization initiatives has been introduced by the International Maritime Organization (IMO) and Singapore, during a global webinar on decarbonization (17 September), The Next…
“NextGEN” shipping decarbonization concept mooted for green and efficient navigation Read More »
DNV GL – Maritime has released the fourth edition of its Maritime Forecast to 2050. The purpose of Maritime Forecast to 2050 is to enhance the ability of shipping stakeholders, especially shipowners, to navigate the technological, regulatory and market…
Greek shipowners are intrigued by a new marine atomic power technology, according to Mikal Bøe , CEO of Core Power following meetings in Athens. “During our meetings with some of the world’s leading owners, the discussions were about how atomic power c…
Greek shipowners intrigued by marine atomic power Read More »
The inclusion of shipping in the EU Emissions Trading System (ETS), which European lawmakers have recently supported, has ignored calls from INTERCARGO and the industry as a whole, for collaboration and adapted solutions to achieve the much needed redu…
Shipping’s inclusion in EU ETS ignores industry’s calls for collaboration Read More »