Maersk, the world’s second-largest containerline

Maersk, the world’s second-largest containerline, has revealed details of a major retrofitting exercise it is carrying out on its time-chartered fleet involving 50 different shipowners, and around 200 vessels(https://lnkd.in/gpAS-8jX ) The main aim of the programme is to reduce the slot cost by improving fuel efficiency and cargo-carrying capacity leading to a decrease in both […]

The International Maritime Organization (IMO) could formalise its Net-Zero Framework,

Shipowners could be required not only to report emissions more comprehensively but also to remain within strict fuel intensity thresholds or face financial penalties as new GHG fuel intensity (GFI) standards and compliance mechanisms that begin to take effect in 2027. Our wind-assisted propulsion systems (WAPS) and Air Lubrication systems (ALESS) enter the frame not […]

Gazprom boss warns EU to prepare for ‘cold winter’

The EU could face a major gas shortage if the region is hit by a cold winter, Gazprom CEO Aleksey Miller has warned. Citing data from Gas Infrastructure Europe (GIE), Gazprom said that as of end-August only two-thirds of the gas withdrawn from European storage facilities last winter had been replenished, after five months of […]