China China has moved up from 2nd in January to 1st place this time, owning a total of USD 191 bn in assets. China owns the largest number of Containers and, consequently, the recent surge in rates and values has moved them up the ranks to top spot in …
Greece is the 3rd Biggest Ship Owning Nation, Based on Fleet Value Read More »
According to IRENA, floating solar is an emerging market with a high potential for rapid growth. While freshwater floating PV is being installed in more than 40 countries worldwide, seawater floating PV is a new market. In contrast to freshwater floati…
Why conventional floating solar PV systems will fail in the ocean Read More »
Wartsila, a company in the spearhead of shipping’s decarbonization efforts, expects more to be done in the coming months and years, in terms of accelerating the inevitable need to lower emissions. However, as Mr. Sachin Kulkarni – Head of Sales, Marine…
Wartsila: “The Mere Existence Of Technology Does Not Decarbonise Maritime Alone” Read More »
The shipowner is a proverbial scapegoat in today’s environmental perspective. For those who are not familiar with the definition of a scapegoat “a goat sent into the wilderness after the chief priest had symbolically laid the sins of the people upon it…
VLSFO prices back above $600. When VLSFO was fully introduced in December 2019/ January 2020, Singapore prices were in the range $615-660/mt; so far in November have averaged $620/mt – we are back to where it all started! Events over the past 22 months…
VLSFO: Back To Where We Started on ‘Day 1’ – What’s Next? Read More »