Overview The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a portfol…
BIMCO adopts portfolio of four ETS clauses Read More »
Backhaul trades can prove problematic for carriers attempting to balance carbon emissions requirements with the need to protect profitability on the fronthaul. If it comes to a straight choice between carbon reduction and managing profitability at a gl…
Q3’23 Carbon emission carrier ranking | North Europe to Far East Read More »
A new report released today at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific and coastal ships under different fuel pathways. The report tit…
The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC…
Sea Cargo Charter to align with new emission goals Read More »
The Suez Canal, the SUMED pipeline, and the Bab el-Mandeb Strait are strategic routes for Persian Gulf oil and natural gas shipments to Europe and North America. Total oil shipments via these routes accounted for about 12% of total seaborne-traded oil …
Red Sea chokepoints are critical for international oil and natural gas flows Read More »