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May 10, 2022
According to marine manufacturing company Wärtsilä, investors are noticing how proactive the shipping industry is with regards to decarbonisation, despite a small number of companies still not prioritising sustainable initiatives.
May 9, 2022
Over the next months, the European Union (EU) is introducing a range of policy and regulatory proposals related to the shipping industry as part of the ‘Fit for 55’ package. The package is aimed at achieving the decarbonization goals set out in the European Green Deal. The newly published Getting to Zero Coalition Insight Brief ...
May 8, 2022
The ocean shipping industry, among the world's biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.
May 4, 2022
Achieving the green transition is “both technically and politically very difficult,” said World Shipping Council President John Butler. By Augusta Saraiva and Olivia Rockeman (Bloomberg) The ocean shipping industry, among...
May 4, 2022
(Bloomberg) -- The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.
April 27, 2022
A global consortium of mining and shipping companies headed up by the Global Maritime Forum (GMF) have signed a letter of intent (LOI) to assess the…
April 8, 2022
Euronav NV has noted the communication from CMB indicating that it does not support the announced combination of Euronav and Frontline, a transaction that has received a positive response from the market and from our other shareholders. Our Supervisory Board has carefully assessed all available options in the interest of all shareholders, not of one ...
April 8, 2022
A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp.…
April 7, 2022
To mobilize demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly looking to enable and simplify the task of decarbonizing the maritime sector by establishing Green Corridors: specific shipping routes where the economics, infrastructure, and logistics of zero- or near-zero emission shipping are more ...
April 7, 2022
There is still no firm trend in the global bunker market amid the ongoing military conflict in Ukraine. Over the Week 14, the MABUX Bunker Index showed slight irregular changes. The 380 HSFO index fell by 9.15 USD: from 726.25 USD/MT to 717.10 USD/MT. The VLSFO index rose by 1.46 USD: from 943.06 USD/MT to ...