The case for adopting lower-carbon alternative maritime shipping fuels is strong and getting stronger, according to a report released today by Energy Vision: The Future of Shipping: Cleaner Fuel Options for the Maritime Sector. Low-carbon alternatives cost more than conventional shipping fuels, but oil price volatility and mounting regulatory pressure are narrowing that gap. Regulatory
With farmers under mounting financial pressure as commodity prices for corn and soybeans continue to slide and costs for fertilizer and other inputs continue to rise, there could be a new market opportunity to open up to $200 billion in new farm revenue by 2050, according to an analysis and subsequent report released by alternative
Could Ocean Shipping Going ‘Net Zero’ Create $200B In New Farm Revenue? Read More »
Following extensive efforts by International Bunker Industry Association (IBIA) to highlight the issue of the carriage of greater than B25 biofuels by MARPOL Annex I certified bunker vessels, IMO issued circular MEPC.1/Circ.917 Interim guidance on the carriage of blends of biofuels and MARPOL Annex I cargoes by conventional bunker ships. The guidance permits the transport of
IMO Issues Interim Guidance on Biofuel Blends Carried by Conventional Bunker Ships Read More »