Climate change is a global issue that affects the shipping and transportation industry. The shipping industry is faced with a daunting challenge: to be able to comply with the International Maritime Organization’s (IMO) emissions reduction by at least 50% by 2050. Reducing greenhouse gas emissions (GHG) within the industry would have a significant impact on […]
When compared to other methods of transportation, marine shipping is one of the most energy-efficient ways to move cargo. That is not to say, however, that marine shipping does not produce its share of pollution. In fact, the drastic increase in container shipping in the latter half of 2020 has meant the use of dirty […]
With a tumultuous 2019 within the shipping industry, many are wondering how the new year will play out with many global changes on the horizon. Major factors such as the implementation of the IMO 2020 regulations and the ongoing trade war between the U.S. and China are sure to affect the international shipping rates for […]
On January 1, IMO regulations will come into effect and kick off a shift to lower sulfur marine fuels. The new regulations require marine fuels to have a sulfur content of 50 ppm, down from the current standard of 350 ppm. In practice, that means the ships are now beginning to start cleaning out their […]
At G7 this year, a surprising new voice spoke up in favor of mandatory slow steaming. French President Emmanuel Macron called slow steaming “one of the most effective ways to reduce greenhouse gas emissions globally.” His support comes in the wake of a spring open letter to IMO from shipping companies that praised “The real-world […]