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 »
A UK company, partly supported by STFC’s business incubation programme, is developing ground-breaking technology that will help the shipping industry reduce its CO2 emissions and encourage the uptake of wind ships. From the clothes we wear to the cars …
Satellite technology helps commercial shipping industry reduce its carbon footprint Read More »
“Existing technology can deliver the future we desire – including meeting the 1.5°C target set out in the Paris Agreement,” said Remi Eriksen, Group President and CEO of DNV GL. “So far, support for the energy transition has been too sporadic. We need …
DNV GL: Flexibility is the key as shipping transitions to a lower carbon future Read More »