Panama, Norway, Greece and other influential actors are co-sponsoring a proposal originally tabled by Japan to curb the carbon intensity of existing ships through use of an Energy Efficiency Existing Ship Index (EEXI), much like the Energy Efficiency D…
BIMCO Has Joined Japan To Regulate Carbon Intensity Of Existing Ships Read More »
The Bahamas Maritime Authority (BMA) has outlined its goals for the next 12 months, with quality growth, partnership, sustainability and the effective use of technology sitting at the top of its agenda. Outlining his 2020 message to the industry, Capta…
Middle distillates tank One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulations is the weakness we have seen in the middle distillate market. Expectations were that we would see a large…
The surprising move in marine fuel spreads Read More »
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majority of the heat created by greenhouse gas emissions, causing their temperature to rise. During this summ…
As ocean temperatures rise, shipowners look for ways to cope Read More »
The International Maritime Organisation’s (“IMO”) “carriage ban” rule makes it an offence, as of 1 March 2020, for ships to carry fuel oils that contain sulphur content higher than 0.5%, unless the vessel has a scrubber or the fuel is carried as cargo….
IMO 2020: Impending Carriage Ban – “Legitimate” de-bunker/disposal practices Read More »