The Lloyd’s Register (LR) Maritime Decarbonisation Hub is collaborating with five leading shipowners as Founding Members in the establishment of a not-for-profit Athens-based global Maritime Emissions Reduction Centre (M-ERC) that will focus on optimis…
Ship owners keep focusing on new fuel technologies, when it comes to newbuilding orders, with ammonia being among the preferred options at this stage. In its latest weekly report, shipbroker Allied Shipbroking said that “as the first month of 2024 conc…
Ammonia/LPG Carriers Remain Newbuilding Favorites Read More »
Further to our previous articles on the EU’s Emission Trading System (ETS), shipping companies have now been informed which Administering Authority they will have to deal with when surrendering their EU emission allowances (EUAs). On 31 January 2024, a…
EU ETS: Shipping companies now know who to deal with Read More »
Industry is closely evaluating ordering, fuel and technology options now that there is greater clarity on global emissions reduction targets, carbon pricing and performance measures. After a year in which decarbonisation regulations were agreed to be s…
Shipping is sizing up energy transition opportunities Read More »
Ships of 5,000 gross tonnage and above, carrying out voyages to and/or from ports in the European Economic Area, must submit a revised and verified monitoring plan for carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O) emissions to the adminis…
EU ETS impact on EU MRV reporting Read More »