The shipping industry inclusion in the EU ETS market is a game changer for its operations moving forward. In its latest weekly report, shipbroker Intermodal said that “throughout 2023, the EU ETS market navigated through a year of remarkable volatility…
Shipping: Navigating the EU ETS Market Challenge Read More »
Ship CII ratings will be released imminently for their performance in 2023. However, with the low take-up of Bimco’s CII Time Charter Clause and with many in the industry questioning whether CII is truly fit for purpose, Ian Short examines whether ther…
CII – Does it Matter? Read More »
Demand for seaborne transportation of ammonia is about to blow up in the coming years. In its latest weekly report, shipbroker Intermodal said that “traditionally used in fertilizer production and as a component in chemicals and explosives, ammonia is …
Ammonia Trade Flows About to Blow Up Read More »
Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. They are just one part of the ever-expanding web of environmental measures that are impacting the shipping industry with…
Emissions trading begins to bite Read More »
Green methanol has emerged as one of the leading solutions for reducing shipping emissions. However, despite its apparent benefits in reducing SOX and NOX emissions, it’s still not carbon-free, while costs are still very high. In its latest weekly repo…