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 »
Weathernews Inc. is fully ready to support customers needs regarding changes beyond the upcoming IMO 2020 regulations with cutting-edge weather forecasts and optimum routing solutions to save voyage costs and protect the natural environment. SEVERE WEA…