Greek shipowners have spent an unprecedented US$18bn on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by VesselsValue, the data intelli…
To the uninitiated, the concept of carbon capture and storage (CCS) can be hard to understand, complex, and remote even though it has been used effectively in the US energy business since the 1970s and in Norway since 1996 at the Sleipner field. Accord…
Accelerated uptake of carbon capture unlocks shipping opportunity Read More »
From time to time Members and clients contact Gard and ask for advice when a ship has been fined for burning non-compliant fuel in a port or waters where special sulphur emission regulations apply. In some cases, ships may have unknowingly burned fuel …
Regional sulphur emission limits at a glance Read More »
Drewry expects 66 LNG carriers (LNGCs) to join the fleet this year, while 94 LNGCs are scheduled to be delivered in 2025, inflating the fleet amid easing vessel demand due to limited new capacity addition. LNG shipping is poised for a balanced market, …
LNG shipping battles fleet expansion, but rates to revive from 2026-27 Read More »
Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021, despite an increase in the distance travelled and time spent underway according to new research by Veson Nautical (Veson), a glo…