As the spring 2025 deadline for turning IMO’s revised GHG strategy into regulation approaches, progress was made last week at meeting 16 of the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG GHG 16).
Greek shipowners have piled on newbuildings contracts over the last 12 months with the orderbook growing by over 50% according to figures published by the London-based Hellenic Shipping Cooperation Committee (GSCC).