The Methanol Institute has welcomed the findings of the MethaShip research project which has concluded that renewable Methanol offers a long term solution for the industry's ambitious carbon emission reduction strategy.

The MethaShip partners found that Methanol can offer a dramatic

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Middle East Gulf rates remained unchanged, with Thailand fixed at WS 86 and China rates around WS 83.5/84 for 270,000mt. US Gulf-bound 280,000mt went at WS 31 Cape/Cape. West Africa/China fixed at WS 79.5, basis 260,000mt. US Gulf to

The Project Forward initiative led by Athens-Based Arista Shipping, with Wärtsilä as one of the participants, demonstrates that with LNG as fuel, an advanced hull design, and highly efficient propulsion machinery, it will be possible to meet the IMO's target

We4Sea, a maritime technology start-up, focussed on increasing the fuel efficiency and lower the emissions of seagoing ships, is now officially certified by Verifavia for both IMO-DCS as EU-MRV emission monitoring.

We4Sea developed a world’s first non-Capex fuel monitoring solution, to

Three European Commission co-funded initiatives – Poseidon Med II, CYnergy and Elemed – are driving forward the uptake of alternative fuels in the Eastern Mediterranean region. LR has a key role in each of these projects, which you can find

Over the years, the industry has seen an increasing amount of attention given to the environmental impact from the global supply chain, resulting in regulations on emissions control and environmental protection becoming more stringent and widespread across the world.

May it

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Charterers took a step back last week after previously frenetic activity. In the Middle East Gulf rates peaked at WS 85 for 270,000mt to China, and then softened to low WS 80s, as owners await the November Saudi program.

Who wouldn't want to know how much reducing shipping’s greenhouse gas (GHG) emissions will all cost? It's a buzz word (or a statement) resonating amongst stakeholders, public policy forums and private industry alike.

Following the achievement made by the IMO in

One year from now, some 90,000 ships making up the world's merchant fleet face new rules that will reduce sulphur emissions by around 80%. The benefits to human health and the environment will be significant and in delivering them, shipowners

El Coquí, the Commitment-class ship named after a tiny Puerto Rican frog, was delivered to Crowley Maritime Corporation (Crowley) from VT Halter Marine’s Mississippi yard on 20 July 2018. Hailed “the cargo ship of the future”, the vessel has been