The theme for this year’s World Maritime Day was ‘empowering women in the maritime community’ providing an opportunity to raise awareness of the importance of gender equality within the sector. In celebration of the theme and ATPI Marine & Energy’s…
What is the one thing the maritime sector needs to do in order to improve efficiency? Read More »
Using scrubbers while burning residual fuels would help reduce global CO2 levels, a new study published by Norwegian researchers confirmed. The continued use of heavy fuel oil with an exhaust gas cleaning system (EGCS) is the most environmentally benef…
Norway: New Study Confirms Scrubbers Would Aid Global CO2 Reduction Read More »
The International Maritime Organization (IMO), the industry’s regulator, will require all ships to reduce the level of sulphur in their engine emissions from 3.5% currently to 0.5% or less from 1st January 2020. It may seem an arcane rule change, but t…
Shipping fuels, crude oil markets and the environment Read More »
Normal service has been resumed, as ship owners have returned to the S&P market, lowering their “appetite” for newbuildings. In its latest weekly report, shipbroker Banchero Costa said that “two modern NewCastelmax, the Bulk Seoul and Bulk Shanghai…
Ship Owners Return to the S&P Market Read More »
Amid intense competition in the tanker market, ship size and cargo flexibility are key differentiators. As a result, there is a trend among operators to prefer LR2-type tankers which, in contrast to the equally sized Aframax crude oil tankers, have coa…
New tanker generation calls for new rules Read More »