If shipping is the heart of global trade, its beat is about to slow. Many shipping companies are sticking with ageing fleets due to uncertainty about which fuels to use in the long term to reduce greenhouse gas emissions, but older vessels may soon have to start sailing slower to comply with new environmental rules.… Continue reading Ships Get Older and Slower as Emissions Rules Bite
Tag: shipping
Ship Owners Worry About Clean Fuel Bill as Ports Ban ‘Scrubbers’
More ports around the world are banning ships from using a fuel cleaning system that pumps waste water into the sea, one of the cheapest options for meeting new environmental shipping rules. The growing number of destinations imposing stricter regulations than those set by the International Maritime Organization (IMO) are expected to be a costly… Continue reading Ship Owners Worry About Clean Fuel Bill as Ports Ban ‘Scrubbers’