Analysis by technology group, Wärtsilä, has concluded that new fuel regulations in Europe could result in price parity between conventional and sustainable marine fuels by 2035, creating a proven strategy for global shipping’s energy transition.
Wind propulsion in various forms is starting to enjoy a significant level of uptake and rotor sail manufacturer Anemoi Marine Technologies believes it is regulatory compliance driving demand.
Euronav has sold three VLCCs and ordered two Newcastlemaxes and a VLCC as part of its transformation strategy.