Given the mounting pressure on the shipping industry to reduce emissions brought on by the IMO’s GHG strategy and commitment to a 50% reduction in CO2 emissions by 2050, it is unsurprising that there is a growing desire to innovate and adopt emerging t…
Moore Stephens: Take advantage of R&D funding Read More »
The hiatus of the demolition market during the past couple of months is officially over, as more and more ship owners are in active negotiations with scrapyards, regarding the sale of old units. In its latest weekly note, shipbroker Clarkson Platou Hel…
All types of tonnage in line for demolition as market picks up pace Read More »
The Methanol Institute has welcomed the completion by the International Maritime Organization’s sub-Committee on Carriage of Cargoes and Containers (CCC5) of draft interim guidelines covering the safety of ships using methyl/ethyl alcohol as fuel. The …
IMO makes progress towards inclusion of Methanol in Gas Fuelled Ships code Read More »
The Green Corridor Joint Industry Project (JIP) has ended on a high note, delivering a well-received LNG-fuelled Newcastlemax design for transporting iron ore and coal on the Australia–China route in Phase 1a, and upsizing it to the very large ore carr…
Green Corridor JIP delivers innovative bulk carrier designs for a low emissions future Read More »
Ship owners are seemingly in the hunt for more newbuildings, after a mid-summer lull of activity brought ordering activity to a year-to-date low. In its latest weekly report, shipbroker Allied Shipbroking noted that “despite the recent signs of clampdo…
Newbuilding Orders Pick Up as Shipowners Boost Global Orderbook Read More »