LNG-powered vessels are likely to find favorable treatment from lenders under the Poseidon Principles, according to a new study by Sea-LNG. Sea-LNG is a multi-sector industry coalition that was founded in 2016 to advocate for the use of LNG over conven…
Study shows LNG-powered vessels save on interest rates Read More »
In the December 2020/January 2021 issue of Bunkerspot, BIMCO’s Deputy Secretary General Lars Robert Pedersen considers what the new MARPOL Annex VI amendments on ships’ operational efficiency will mean for the industry. Read the article below: It shoul…
Waterfront Shipping Company Ltd. (WFS), a wholly-owned subsidiary of Methanex Corporation, is pleased to announce the addition of eight new methanol dual-fuel vessels to its fleet. These vessels are part of the company’s fleet renewal program which con…
Shipping Industry To Welcome New, Lower Emission, Methanol Dual-Fuel Vessels Read More »
LPG could have a role to play in the process of decarbonizing shipping. In its latest weekly report, shipbroker Intermodal said that “over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being…
LPG’s Role in Shipping’s Decarbonization Could Be Important Read More »
Newbuilding orderbooks have dipped to historically low levels relative to existing fleets, with the dry bulk carrier sector one of the most extreme examples. “The current bulker orderbook of 56.1 Mdwt represents just 6.3% of the existing capacity…
Shipping implications from the IMO’s MEPC 75 Read More »