Tag: Ahead
Ahead Of MEPC81, Belgian Shipowners Once Again Make The Case For A Global Maritime Pricing Mechanism
In the coming week, the IMO’s Marine Environment Protection Committee (MEPC 81) will meet to address the complex challenge of decarbonising the maritime industry. Surprisingly, amidst the multitude of proposed measures, the simplest solution may yet hold the key to effective decarbonization: implementing a global price on greenhouse gas (GHG) emissions, argues the Royal Belgian…
Green groups demand CII is included in EU ship inspection rules, ahead of final talks
Open letter to co-legislators by environmental groups emphasising the importance of including climate pollution performance in the Union’s ship inspection risk framework using the Carbon Intensity Indicator (CII), a global measure in force globally since 2023 under the MARPOL Convention of the International Maritime Organization (IMO). The EU’s Port State Control Directive is a crucial…
Decarbonisation and the pathway ahead come under the shipowner spotlight at the inaugural Elaborate Communications Summit in Athens
The uncertainty surrounding the use of alternative fuels and the multitude of solutions available to shipowners to cut their vessel emissions, dominated discussions at the first Elaborate Communications Decarbonisation Summit in Athens. The three hour conference, held in front of 120 Greek shipowners, managers, manufacturers and classification societies, outlined the current policy landscape and regulation…
Argentina charges ahead with Torqeedo: electric passenger ferries will transform public transportation.
The Delta del Paraná in Argentina is the only river delta on earth that empties into another river, creating an 8,400 square-mile wetlands paradise just one hour from Buenos Aires. For the families who call the delta’s 1,000 tiny islands home, the “lanchas colectivas” – vintage mahogany wood passenger ferries powered by old diesel engines…
Challenging Conditions Ahead for the Ship Recycling Market
The ship recycling market is set to face a challenging few weeks, with limited activity. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “some unexpected news circled in the market this week confirming that the oil trade related sanc-tions imposed by the U.S. on Venezuela have been lifted for an initial six…
Dry Bulk Market: Mixed Conditions Ahead For Corn Export Routes
Corn main export markets are facing various weather challenges, which could in turn result in changes in cargo demands. In its latest weekly report, shipbroker Intermodal said that “due to the adverse weather outlooks expected in August, there has been a 1% decrease in the projected U.S. corn production for the 2023/24 season, bringing the…