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…
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 »