Environmental

A growing number of major shippers and carriers are pledging that they will not use Arctic shipping routes.

The French port of Dunkirk has marked the first use of its cold ironing facilities on Wednesday with CMA CGM container vessel APL Singapura plugging into the shoreside electricity for power.

Using LNG as a marine fuel alone will not be enough to reach the IMO’s 2030 emission reduction targets says K Line chief Yukikazu Myochin.

With IMO 2020 less than 24 hours away from coming into force owners with scrubbers look likely to be quids up while, those needing to buy compliant fuel on the spot market face high prices, according to analysts.

Portsmouth has set out plans to become the UK’s first zero emission port.

It’s been one of the most hotly debated questions of the last 18 – 24 months in shipping – whether or not to invest in scrubbers to comply with the IMO 2020 global low sulphur cap for marine fuel.

Leading industry organisations are proposing a $5bn R&D fund to help reduce emissions from shipping, with financing come through a bunker levy.