With the majority of ship operators expected to choose low-sulphur fuel over scrubbers to comply with the new IMO sulphur cap regulation, all eyes are on fuel suppliers and whether they can provide what the industry needs. According to Niels Henrik Lin…
Shipowners urgently need a fuel-management plan Read More »
The Middle East stands as the largest crude export region in the world with about 20 million b/d of outflows annually; however, what is perhaps less realized is its growth potential as a clean product export region. We are beginning to see a fundamenta…
The Middle East Cleans Up Read More »
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 »