Global shipping accounts for about 3% of the world’s annual carbon emissions, and pressure is intensifying on the industry to reduce that pollution to contribute to the international goal of net-zero carbon emissions by 2050. To date, the shippin…
IMO has a new plan to reduce shipping’s carbon emissions; will it be enough? Read More »
There is a need in the industry for a more fair and nuanced way of categorizing ships according to their emissions profile says the people behind the tool. ”If scrubbers and IMO2020 were the talk of town last year, EEXI and GHG ratings relating to Gree…
Vesselindex® – New Emissions Rating Read More »
Drewry believes methanol can play a major role in meeting the IMO’s emissions reduction targets for the maritime sector for 2030 and zero-emission targets for 2050. By 2023, the goal for the sector is to reduce the emission of greenhouse gases (GHG) th…
Methanol – a bright future as a marine fuel Read More »
Industry coalition SEA-LNG believes that greater understanding around the comparative pricing, vessel performance and procurement of marine fuels is required to avoid costly mistakes as companies plan their decarbonisation pathway. The statement comes …
In BP Oil International Limited v. (1) Vega Petroleum Limited & (2) Dover Investments Limited [2021] EWHC 1364 (Comm), the Court held that what was stated expressly and clearly to be an FOB sale contract for crude oil was just such a contract and t…
Where’s my crude oil? Read More »