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…
Imagine a container vessel capable of more-than doubling the amount of work normally performed by a ship of its size, yet with zero emissions. Such a vessel would likely gain massive market share very quickly and have a drastic effect on market dynamic…
Shipping’s nuclear option in the move towards net zero: Is it viable? Read More »
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…