The maritime industry and its impact on the environment has been under increasing scrutiny recently, as it has been assessed that it emits around 940 million tonnes of CO2 annually, accounting for almost 3% of global CO2 emissions. It is projected that…
The contrast between the international climate talks taking place in the UK this week and the OPEC+ meeting taking place on Thursday could not be starker when it comes to the promises and demands of at least one developed country. On the one hand, Pres…
Disconnect between oil supply and demand Read More »
Availability remains tight amid strong demand in Panama, while recommended lead times have dropped Zona Comun just ahead of potential weather disruptions. Supply continues to be tight in Panama, especially for HSFO380 but also other grades. Suppliers h…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The ships’ recycling market has been on the up lately, as a lack of vintage tonnage has prompted more price increases. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the Diwali festivities set for next week, the lac…
Lack of Available Tonnage Pushes Demolition Prices Past the $600/LDT point Read More »
As the world considers the harsh realities highlighted by COP26, INTERCARGO warns that shipowners can deliver the target of net-zero emission shipping by 2050 but only with an acceleration in the commercial development of relevant technologies, fuels, …
Achieving 2050 zero-emission shipping: Global challenges require global solutions Read More »