A group of leading international banks, including Citi, Societe Generale, and DNB, aim to promote greener shipping by making climate considerations a part of shipping, lending decisions. The banks will use a
A new bulk carrier design from Japan’s Oshima Shipbuilding is designed to have a 50% better EEDI (Energy Efficiency Design Index) than comparable vessels. The design, the Oshima Ultramax 2300, is the
Ammonia is already being seen as having a lot of promise as a marine fuel that can help world shipping meet IMO’s target of a halving GHG emissions by 2050, As we
More than 100 international shipping companies and nine environmental groups have sent an open letter urging IMO’s Marine Environmental Protection Committee (MEPC) to move on implementing mandatory limits on ship speeds. “Recent
France has submitted a proposal to IMO’s Marine Environmental Protection Committee (MEPC) calling for speed restrictions to be placed on ships as an initial first step to reduce greenhouse gas (GHG) emissions
Oslo, Norway, headquartered Yara Marine Technologies reports that an in-line hybrid scrubber system installed on vessel with an 80 MW two stroke main engine has successfully completed MARPOL testing. This is the
Another horrible new acronym has surfaced at the International Maritime Organization: FONAR. It stands for Fuel Oil Non-Availability Reports. And already, shipowner are being warned not to use a FONAR as a
DECEMBER 26, 2018 — In order to raise awareness about the impending deadline for the IMO 0.5% global sulfur cap, the Maritime Authorities of the Paris and the Tokyo Memoranda of Understanding
NOVEMBER 1, 2018 — Classification society ClassNK has released what it says is the world’s first software that calculates and analyzes a ship’s speed for Energy Efficiency Design Index (EEDI) calculation in
OCTOBER 26, 2018 — A briefing just released by the International Maritime Organization confirms that an amendment to support consistent implementation of the forthcoming 0.50% limit on sulfur in ships’ fuel oil
