International shipping accounts for around 3% of global CO2 emissions. The amount of cargo carried by sea has grown and is expected to reach 12 billion tonnes by 2020. Growth in global trade also means growth in fuel consumption and, therefore, higher …
Slow steaming to arrive at the right time Read More »
In its latest weekly report, shipbroker Intermodal said that “with the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of 0.5% sulphur content does not yet exist ph…
The Scrubber Conundrum: Will They Generate Profits or just Earnings? Read More »
The market will likely witness a decline in economic growth, particularly in the advanced economies, leading up to 2022: that was one of the takeaways from a BIMCO webinar last week featuring the association’s chief shipping analyst, Peter Sand. The pr…
Auramarine, the leading provider of fuel supply systems for the marine and power industries, has today urged the marine sector to look beyond just the initial choice of compliance solution ahead of the impending 0.5% global sulphur cap, and to fully un…
Reports have started to emerge, that demand is coming back in the ships’ recycling markets, which could alert more ship owners towards offloading their older units. According to shipbroker Clarkson Platou Hellas’ latest weekly report, “it w…
Ships’ Scrapping Activity Picks Up As More Ships Were Sold for Demolition Read More »