Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, today announced a collaboration to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary…
As industry leader, Maersk has invested significantly in efficiency measures and brought down our relative emissions in the last decade. By the end of 2017 we had reached 41% reduction of our emissions relative to cargo moved and over the years be runn…
Accelerating the energy transition in shipping and beyond Read More »
The World Economic Forum, the Global Maritime Forum and Friends of Ocean Action today launch the Getting to Zero Coalition at the United Nations Climate Action Summit, with the goal of decarbonizing the international maritime shipping sector by 2030. T…
New Coalition Aims to Make Zero-Emissions Shipping Plain Sailing Read More »
Even with the sulphur cap expected to give a boost to the tanker market, high fleet growth will put pressure on earnings. Demand drivers and freight rates Rising geo-political tensions have led to disruptions to the tanker shipping industry and all oth…
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a maximum limit of 3.5% to a maximum limit of 0.5% (the limit in emission control areas remains at 0.1%). Regu…
Scrubbers and fuel profit share clauses Read More »