Sectors

Cargo owners face surcharges just to secure slots, on top of high ocean rates. There is some evidence that desperate shippers are paying close to $20,000 to ship a container to northern Europe

Danish bunkering company Monjasa hired Deloitte to help it measure its climate impact, noting shifting attitudes in the industry

GSBN designers from Hapag-Lloyd have also explained reasons why the German carrier joined the blockchain-based shipping platform as a founding member

Measures have already been taken to expand the carrying capacities on trade routes such as such as India-Europe and intra-Europe markets, as the management foresee a further manufacturing migration from China  

Facing pressure from developing nations to find a different financing mechanism, industry lobbies insist that collecting $2 per tonne of fuel consumed from each ship is the best way to develop a decarbonisation R&D fund

Danish bunkering company Monjasa hired Deloitte to help it measure its climate impact, noting shifting attitudes in the industry

Forthcoming International Maritime Organization efficiency rules will drive more interest in biofuels, which could help bridge the gap to decarbonisation. But their price, regulation and handling difficulties mean this will not be an easy task

Athens has told the European Union that charterers should foot the bill for emissions, arguing that would be consistent with the ‘polluter pays’ principle as they control the operation of a vessel and determine its energy efficiency

Prices for ship plates have jumped more than 25% since December, while mark-ups for fresh tonnage have been largely in the range of 7.4%–18.2% over the same period, according to brokers in China

The Mozambique LNG project is Africa’s largest energy project with liquefied natural gas supposed to come online in 2024, but is already subject to delays

Titan LNG has questioned the the lifecycle emissions analysis available for hydrogen and ammonia, pointing out that liquefied natural gas has an established record of evidence backing up its status as an available pathway to decarbonising international shipping

Eastern Pacific’s belief in LNG-fuelled tonnage during the past few years has led the shipowner and shipmanagement company to develop a deep expertise and knowledge of the cleaner alternative fuel

Forthcoming International Maritime Organization efficiency rules will drive more interest in biofuels, which could help bridge the gap to decarbonisation. But their price, regulation and handling difficulties mean this will not be an easy task

Companies must accept that decarbonisation is another component they need to incorporate in their business model. To do that successfully they need to practise ‘sustainability applied’

The dire situation for Indian seafarers has prompted charities and leading industry players to set up an emergency relief fund. This initiative reflects an urgent need for shipping to think as one

Despite concerns over methane slip from the maritime industry’s use of LNG, by emissions profile, the gas still outperforms methanol and ammonia produced using fossil fuels, a study by class society ABS found