SustainableShipping

Yara Positioned to Ramp Up Ammonia Production Amid New Shipping Regulations

2 months ago

Yara International, a renowned leader in the global fertilizer industry, has expressed readiness to increase its ammonia production in response to anticipated changes in shipping regulations. These regulations are expected to stimulate demand for ammonia, a key ingredient used not only in agriculture but also in various industrial processes.

Historic Supertanker Set for Scrap: The Dark Side of Maritime Industry

5 months ago

In an unprecedented development in the maritime industry, the first supertanker destined for scrapping in two years is making headlines. The vessel, known for its striking history, is being hailed as a “dark ship” due to its opaque ownership and dubious operational practices. This situation is raising significant concerns about regulatory practices and the environmental implications that come with the dismantling of such enormous ships.

Major EU Climate Regulation Expected to Raise Shipping Fuel Costs

5 months ago

The European Union is on the verge of implementing a significant climate regulation that is anticipated to increase fuel costs for shipping companies. This forthcoming legislation, set to come into force in 2024, is part of the EU's broader strategy to diminish greenhouse gas emissions from various sectors, including maritime transport.

Revolutionizing Shipping: Giant Iron Ore Carrier Fitted with Sails to Slash Carbon Emissions

5 months ago

In a groundbreaking move aimed at combating climate change, a massive iron ore carrier has recently been outfitted with sails as part of an ambitious initiative to cut carbon emissions in the shipping industry. This innovative step is a part of a broader effort to reduce the environmental footprint of maritime transport, which has long been criticized for its significant contribution to global greenhouse gas emissions.