In 9M 2020, GTT recorded total revenue of €305.6 million, up 53.1% year on year; its order book at 30 September 2020 stood at 135 units...
Decline is principally attributable to lower volume and profitability due to a fall in demand as a consequence of the pandemic and lower average fuel prices,...
‘Quality and Integrity remain our key pillars and we aim to keep improving and widening our services and reach for our esteemed clients,’ said statement.
Regardless of the decision related to the carbon levy proposal, history has shown that the maritime industry will face new challenges each year.
Particularly notable for the shipping industry, Arq Fuel offers material benefits as a low-sulphur blending component for IMO 2020 compliant marine fuels.
The EU environment committee has voted for a ‘phase-out’ of open-loop exhaust scrubbers and calls for members to proceed with its own efforts to decarbonise shipping.
It has been 23 years since Kyoto Protocol assigned responsibility for climate-changing emissions from ships to IMO, yet progress has been painfully slow.
‘This guidance underscores how ABS is well-positioned to assist (the industry) as they consider the practical implications of the use of ammonia as fuel,’ said Director.
The closing date for submission of proposals is Tuesday, 15 December 2020 and any successful applicants will be awarded the license by February 2021, it said.
In a company update, Brightoil said it is seeking professional advice for devising feasible plans to protect the interests of stakeholders, creditors and minority shareholders.
