Tag: Latest
ZESTAs IMO submission informs policy and industry on latest technology to meet 2050 targets
MEPC81/INF.5, submitted by Zero Emissions Ship Technology Association (ZESTAs) has been accepted and uploaded for public access on IMO Docs and downloadable here. This information is crucial to ensuring that the committee implements policies that are compatible with the targets set in the Revised GHG Strategy – namely, zero by 2050, 70-80% by 2040 and…
Ship Owners Limit Newbuilding Orders After Latest Spree
Newbuilding activity was somewhat limited over the past week, after a series of very strong contracting. In its latest weekly report, shipbroker Allied Shipbroking said that “the newbuilding market prevailed in a state of clampdown as of the past week, with a very limited number of new projects coming to light during the same time…
Carbon Capture, New Fuels and Energy Efficiency Are the Path to Net Zero Says Latest ABS Research
Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050. That’s the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value Chains, the latest industry-leading research from ABS into shipping’s progress on the green energy transition. Released at the ABS Sustainability Summit during London International…
Carbon Capture, New Fuels and Energy Efficiency Are the Path to Net Zero Says Latest ABS Research
Industry-leading Annual Assessment of Decarbonization Landscape Finds Shipping Set to Play a Pivotal Role in Global Energy Transition (LONDON) Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050. That’s the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value…
ABS Explores LNG Value Chain in Latest Publication
Provides comprehensive examination of markets, technologies and trends (HOUSTON) The upstream, midstream and downstream operations of the LNG value chain are analyzed along with the latest trends and innovations in an industry-leading new publication from ABS. Examining the LNG Value Chain explores the intricate production, distribution, transport and supply systems…
Container Rates Alert: Spot rates rally on key Far East trade lanes after latest GRI moves
Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers. The news, revealed by Oslo’s Xeneta, provides welcome relief for a segment that has been “up against the ropes” for much of 2023, fighting against declining demand and volumes,…
ABS Approves Latest LNG Containment System from LNT Marine and SDARI
Over 300% Capacity Increase to Support Growing Demand for LNG (OSLO) LNT Marine and Shanghai Merchant Ship Design and Research Institute (SDARI) received approval in principle (AIP) from ABS for the latest variant of their LNT A-BOX® liquified natural gas (LNG) containment system, which is more than three times the size…
