In recent years, disruption to Red Sea shipping routes and global sanctions have forced ships to take longer routes, increasing emissions in the first half of 2024 by six per cent compared to the previous year. Already responsible for around three per …
Alternative fuels: the key to lowering shipping emissions Read More »
More than 50 leaders across the spectrum of the shipping value chain — e-fuel producers, vessel and cargo owners, ports, and equipment manufacturers — signed a Call to Action today at COP 29 to accelerate the adoption of zero-emission fuels. Organized …
In its relentless pursuit of decarbonising the shipping industry, the International Maritime Organization’s (IMO) recent Marine Environment Protection Committee 82 (MEPC 82) meeting marked another step forward, albeit a tentative one. MEPC 80 in 2023 s…
MEPC 82 inches industry closer to net zero Read More »
The Wider European refining landscape is under pressure. Margins have suffered due to high volumes of middle distillates arriving from the Wider Arabian Sea, plus robust diesel imports from the US and Russia. In the export market, PADD 1’s demand for E…
LR2s poised to benefit from structural change to Europe’s clean tanker market Read More »
Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from 11 to 22 November 2024. The 29th Conference of the Parties to the UN Framework Convention on Climate…
IMO heads to COP29 to promote net-zero framework for shipping Read More »