The market is currently undergoing a transitional phase where a wide range of alternatives are being evaluated, says Sonnich Thomsen, Managing Director for Bunkers at Sing...
‘Energy transition in shipping will require new technologies, alternative fuels and infrastructure to support low- and zero-carbon shipping,’ IMO Head, Air Pollution and Energy Efficiency, tells...
Most HSFO supplies are based on long-term contracts, as shipowners look to lock in supplies even after the bulk of the market switched to VLSFO, reports...
With wind and solar power, and harmful exhaust emissions reduced to effectively zero, there is finally a design solution for zero carbon shipping, said Professor Wilson.
‘Through 2020, just 55 cases of 0.50% compliant fuel being unavailable had been reported in IMO's Global Integrated Shipping Information System (GISIS),’ it said.
VLSFO was rushed into the maritime industry to meet IMO2020 regulations and it has shown signs of exceeding set safety parameters, reports Forbes.
In general, the Port of Singapore’s performance stood resilient throughout 2020 with bunker sales amounting to 49.8 million tonnes at a 5% year-on-year increase.
Bunker prices saw an uptick through the end of November compared to the first wave of Covid-19, but have remained low compared to the start of...
Korean ship yard Daewoo Shipbuilding & Marine Engineering will build the six vessels and deliver them to Hapag-Lloyd between April and December 2023.
With most retrofits requiring docking, the pandemic offers an economically sound opportunity to upgrade old ships into leaner vessels for the future, it said.
