Tag: Shipowners
Shipowners urged to act now to benefit from vessel pooling
Shipowners Urged to Act Quickly to Save Costs with Carbon Reduction Pooling Shipowners are being advised to act quickly to take advantage of vessel pooling, a method that can help them reduce costs and meet important carbon reduction targets. CarbonLeap, an independent group that focuses on helping the global transport industry manage its carbon reductions,…
EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe. European shipowners strongly welcome the inclusion of clean fuels for shipping, including advanced biofuels and e-fuels, in the list of net-zero technologies adopted today…
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…
V.Group partners with Aither to provide carbon trading solutions for shipowners
V.Group (V.), the ship management and marine services company, and Aither, which provides carbon trading solutions for shipowners and other industries, are pleased to announce a strategic partnership focused on the seamless trading of carbon credits for the EU Emissions Trading System (ETS) scheme and beyond, benefiting shipowners with vessels managed by V. The EU…
European shipowners call for clean affordable fuels for shipping before Parliament vote on trucks CO2 standards
The EU recently adopted the ‘Fit for 55’ package that introduces the new ambitious measures for Europe to reduce emissions by at least 55% by 2030 and become carbon neutral by 2050. Shipping will contribute for the first time to the EU climate targets being part of the EU ETS and the FuelEU Maritime law.…
Dry Bulk Market Still the Main Shipowners’ Focus of Newbuildings, Despite Major Deals in Container and LNGs
The newbuilding market is in full swing it seems, as more and more contracting is being reported. In its latest weekly reports, shipbroker Allied said that “apart from the confirmation of CMA CGM’s order for 8 methanol-DF vessels (reported week 25) and the onset of phase 2 of Qatar Energy’s gas carrier ordering (17 pre-reserved…
EU ETS – Who is liable to the authorities: Shipowners or managers?
A hotly debated topic regarding the extension of the EU Emission Trading Scheme (“EU ETS”) to include maritime emissions, is who should be responsible for submitting emissions allowances on the relevant submission date (the “submission date”) to the relevant administering authority (“ETS obligations”), in particular in instances where a shipowner has delegated the responsibility to…
IUMI calls for industry-wide cooperation and knowledge sharing as shipowners move toward net-zero
The recently revised greenhouse gas (GHG) reduction strategy adopted by the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) in July is fully supported by the International Union of Marine Insurance (IUMI). The new strategy calls for shipping to achieve net-zero GHG emissions around 2050 with at least a 20% reduction by 2030 and…
High Newbuilding Prices Not a Deterrent Factor for Shipowners
High prices and low rates haven’t been able to deter owners from booking more newbuilding orders. In its latest weekly report, shipbroker Allied said that “the market remains in a similar state to that seen over recent weeks, with a shift in contracting patterns perhaps more likely as the summer holiday period ends and everyone…
Shipowners shortchanged over grain cargoes, says Swedish Club
Despite the many and varied categories of cargo damage faced by shipowners transporting grain cargoes, when it comes to claims, it’s actually cargo shortage that they need to be prepared for, says The Swedish Club, in its new publication, Bulker Focus: Carriage of grains and soya beans. In the last five years, the Club’s statistics…
