Carriers test new IMO charges in the spot market, which are implemented and accepted on some routes. Huge disparity in charge levels. Most carriers have implemented so-called “IMO 2020 transition charges” from 1 December, leading to higher spot rates, …
IMO transition charges kick-in in spot market Read More »
In an unprecedented move, the international shipping community has today announced plans to create the first collaborative shipping R&D fund, intended to eliminate CO2 emissions from international shipping. The proposal includes core funding from s…
Global shipping sector announces $5billion R&D fund to eliminate CO2 emissions Read More »
As of last month, more than 500 shaft generators have been installed on ships worldwide, reaping major operational benefits for owners and operators. Today, shaft generators don’t just lower operational costs. With emissions controls increasingly under…
Shaft generators enable emissions-free shipping Read More »
Friday at COP 25, the UN Climate Change Conference, in Madrid, the International Chamber of Shipping (ICS), the European Community Shipowners’ Associations (ECSA), and the Spanish Shipowners’ Association (ANAVE) organised an event dedicated to the deca…
Shipping at COP25: Full speed ahead towards full decarbonisation Read More »
SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude Carriers (VLCCs) on the Arabian Gulf to China trade route. Conducted by independent si…
LNG Proves Compelling For VLCCs Read More »