The aim of making shipping greener is one that will take many steps to achieve, International Chamber of Shipping (ICS) chairman Esben Poulsson told Seatrade Maritime News.
Analysts at investment bank Morgan Stanley have predicted that crude oil prices could spiral to $90 a barrel by 2020 as the IMO’s 0.5% sulphur cap boosts demand from ship operators for more refined products.
Vincent Wee talks to International Chamber of Shipping (ICS) secretary-general Peter Hinchliffe and chairman Esben Poulsson about the complexities of achieving successful yet cost effective regulations for shipowners.
The upcoming stricter emissions control regulations will be to the advantage of bigger and more strongly capitalized companies such as Pacific Basin Shipping (PacBasin) ceo Mats Berglund said at a media briefing for its first quarter trading update.
Parker Kittiwake has launched an innovative new device which can measure fuel sulphur content as well as various other metrics.
Greater regulatory certainty and a burgeoning bunkering infrastructure worldwide means the conditions could not be better for LNG-fuelled vessels to set sail, says Cristina Saenz de Santa Maria, regional manager Southeast Asia, Pacific & India, DNV GL – Maritime.
The topic of the 2020 sulphur cap and related issue of scrubbers was prominent at the Marine Money Hong Kong Ship Finance Forum despite it being a mainly finance-based event, suggesting its prominence in the considerations of industry players.
Alfa Laval is taking concrete steps to make connectivity a reality. A new connectivity programme for Alfa Laval PureSOx scrubbers will bring customers simpler and even more reliable SOx compliance.
SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has thrown its support behind the carriage ban on non-compliant fuels proposed by the IMO when the 0.5% sulphur fuel limit comes into force in January 2020.
In the first article of this two-part series international shipping lawyer Torgeir Willumsen takes a closer look at key commercial and legal obstacles to autonomous shipping.