An emissions trading system (ETS) is a market-based measure that sets a limit (cap) on allowed emissions (allowances) and creates financial incentives to reduce a sector’s emissions. Each allowance equals 1 tonne of carbon dioxide (CO2) or carbon dioxi…
The maritime sector in the European Union Emissions Trading System Read More »
Fuel cells are ready to take on the heavy lifting of decarbonisation. There is a new generation of marinised, powerful, and ocean-ready cells here to tackle a major source of transport emissions, says Johan Burgren, Business Manager Marine, PowerCell G…
Fuel Cells Are Here To Decarbonise 15% Of The Global Fleet, Now Read More »
In the fourth quarter, the Israel-Hamas conflict led to increased geopolitical tensions, especially within the oil sector, reshaping dynamics within the industry. After the end of September, freight rates firmed in October, influenced notably by Russia…
Geopolitics and Crude Freight Market Read More »
“The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using sustainable biofuels. Many different sectors will compete for those fuels, so shipping is focusing on transitioning to alternative …
Shipping gears up to meet 5-10% low carbon fuel target, but will fuels be available? Read More »
This paper analyses current trends and patterns in Russian shipping and trade exports in the context of new enforcement actions on individual ships and their owners, the increasing number of countries and zones used for the transit and transshipment of…