But EU's regulation of shipping emissions is undoubtedly a step in the right direction, says Nina Porst, Executive Director at Danish Shipping.

Notably, 84% of today's alternatively fuelled tonnage is LNG dual-fuel, comprising 1,248 ships with a total capacity of ...

From January 1, 2025 FuelEU Maritime Regulations have come into force for all ships over 5,000 gross tonnage calling at European ports. Part of the EU's ' Fit for 55 ' climate legislation package, the ...

VLSFO slipped just $12/mt, or 1%, to average $626/mt for the year compared to an average price of $638/mt in 2023.

With MSC having added a further ten LNG-powered 24,000 TEU 'megamax' box ships to its orderbook last month, an Asia -based carrier is now said to be looking at LNG for new contracts of 'megamax' class ...

The last trading day of 2024 saw oil prices contribute to a 3 percent annual loss, the second consecutive yearly decline, with bearish sentiment showing no sign of letting up and many investors ...