Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodie…
The growth in cargo owners’ willingness to pay (WTP) a premium for green shipping is slowing in a market that remains largely unregulated and reliant on voluntary actions. As a result, the previous momentum toward zero-carbon shipping is stagnating. As…
The $10 Billion Opportunity in Green Shipping Read More »
This is a transformational year for the global maritime industry. The changing regulatory landscape, with Fuel EU coming into full effect and the extension of the EU Emissions Trade System (EU ETS) scope, has added additional considerations for vessel …
International efforts to curb greenhouse gas (GHG) emissions from shipping took a step forward as the IMO’s Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) concluded its latest round of discussions. The IMOR…
IMO progresses talks on greenhouse gas reduction from shipping Read More »
Following a week of intensive greenhouse gas (GHG) negotiations at the UN International Maritime Organization (IMO), Guy Platten, Secretary General of the International Chamber of Shipping (ICS), emphasised the need for urgent progress ahead of the cri…