Vessel operating cost inflation has slowed this year as some Covid-19 related expenses unwound and high vessel earnings encouraged some owners to postpone non-essential maintenance work, but wider macroeconomic developments are raising inflationary ris…
Ship operating costs moderating but inflationary risks lurk Read More »
ECSA published today its policy paper on the EU ETS proposal. European shipowners welcome the increased climate ambition of the ‘Fit for 55’ package, recognising that the climate crisis is one of the greatest economic and environmental challenges our s…
In its latest weekly report, shipbroker Intermodal said that “following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally i…
Tankers: Oil Market Fundamentals Finally Turning For The Better Read More »
In the run up to the UN climate conference – “COP26” in Glasgow, we are pleased to share guest author – Haris Zografakis’ thoughts on the need for a new contractual structure in shipping to immediately reduce GHG emissions rather than simply wait…
The third pillar: a contractual architecture for maritime decarbonisation Read More »
In 2018, recognising that ships are one of the major contributors to global carbon emissions, the IMO (the International Maritime Organization) formulated a strategy for Greenhouse Gas (GHG) reductions in shipping. They expressed their vision in writi…
MARPOL Annex VI: Ship decarbonisation – IMO strategy of 2018 Read More »