Winners And Losers: Sulphur Switch May Be A ‘windfall’ For Charter Market

By Mike Wackett (TheLoadstar) MSC, Maersk, Cosco and CMA CGM are among ocean carriers that expect to temporarily increase their capacity this year to mitigate the downtime as ships are retrofitted with scrubbers, or for the decontamination of tanks to accommodate compliant fuels, ahead of IMO 2020. Notwithstanding seasonal supply and demand drivers, containership owners are … [Read more...]

Fujairah Offers Clean Fuel Well Ahead Of IMO Deadline

by Roslan Khasawneh (Reuters) - The port of Fujairah in the United Arab Emirates (UAE) has begun offering cleaner marine fuel oils that comply with stricter global emissions rules which come into effect at the start of 2020, a port document showed. Marine fuels, also known as bunkers, with a maximum 0.5 percent sulfur content are “available in Fujairah as early as February … [Read more...]

Rolls-Royce Helps Hoist The Modern Mainsail

Battery room photo by Carlsturdy, Shutterstock by Ellen Milligan (Bloomberg) Hoist the mainsail -- a thing that looks like a giant vertical pipe -- and switch on your battery the size of a small bus: merchant shippers are trying out bold new approaches in their battle to improve environmental performance against a backdrop of mounting regulatory pressure. Maersk … [Read more...]

Wave Energy – Scientists Still Looking For A Killer App

by Sophie Hares (Reuters) - Energy from the ocean breakers that pound Mexico’s Pacific Coast could soon be turned into electricity as an Israeli joint venture finalizes permits and financing for the country’s first wave energy plant. Wave power development has long lagged renewable rivals such as solar, but Eco Wave Power says it could prove an effective way to deliver power … [Read more...]

300 Pacific Ocean Sea Turtles Dead Off Mexican Coast

by Jose Cortes (Reuters) - About 300 endangered sea turtles were found dead off the southern coast of Mexico on Tuesday, trapped in fishing nets, shortly after more than 100 dead turtles were recovered. Fishermen in the southern state of Oaxaca discovered the turtles in the seaside community of Barra de Colotepec, said Heliodoro Diaz, the coordinator of the state’s … [Read more...]