Global shipping’s fragmentation and the public’s less intense scrutiny of its emissions, along with its heavy debt burden and low margins, mean decarbonisation is a secondary issue for the industry, Fitch Ratings says. The sector’s environmental regula…
Shipping Fragmentation, Importance Deprioritise Decarbonisation Read More »
A new report by UMAS, commissioned by The Ocean Conservancy titled “The Maritime Fleet of the USA—the current status and potential for the future” shows, for the first time, the scale of U.S. shipping fleet emissions and opportunities to decarbonise th…
The COP26 summit in Glasgow in November highlighted the increasing pressure for all industries, including the shipping industry, to decarbonize. The challenge for the Australian petroleum industry and other major users of deep-sea shipping will be to s…
Industry partnerships key to decarbonizing the commodity value chain Read More »
We find ourselves in an era of unprecedented change and transformation. Rather than change being constant, as some would suggest, it may be accelerating for many of us instead. Collectively we face a growing obligation to make a bigger contribution tow…
Beware of binary thinking – a single alternative fuel may not be the panacea some seek Read More »
New requirements for fuel oil sampling and testing have entered into force under the MARPOL Convention Annex VI, supporting the implementation and enforcement of the IMO 2020 0.50% limit for sulphur in ships’ fuel oil. The amendments are intended…