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LNG faces growing shipping constraints
New regulations are likely to restrict an already limited pool of vessels capable of transporting gas
Ukraine fallout continues to support tanker freight rates
Freight rates for clean tankers—the specialist vessels that transport refined petroleum products—reached multi-year highs in 2022 and are likely to remain strong going into 2023
Freight struggles with regulatory uncertainty
Lack of clarity is affecting demand for new tankers, but LNG vessel orders are booming
Russia-linked tankers ‘going dark’
Shipping analysts Windward see a rise in suspicious activity by Russia-affiliated vessels since start of Ukraine war
Market vagaries may still buffet merging tanker heavyweights
Frontline-Euronav deal will create one of the world’s largest tanker fleets, but price-setting power may remain outside the combination’s reach
Tanker market feels impact of Ukraine crisis
The tanker freight market is having to deal with sanctions, uncertainties and shifting trade flows in the aftermath of Russia’s invasion
Marine fuel market enters troubled waters
Ripple effect from Russia’s war in Ukraine may result in significant supply disruption
Decarbonising shipping: Where are we now?
Regulators have yet to force the sector to decarbonise, but larger shipping lines and operators are planning for a low-carbon future
Outlook 2022: Zero-carbon shipping needs significant R&D investment
The shipping industry is charting its own course to decarbonisation
Delivering an effective framework for cybersecurity
A systematic approach is key to creating a ship security programme and ensuring the crew are involved in its delivery
Longer-term IMO goals rely upon viable zero-carbon fuels
Opinion
Shipping IMO 2020
Simon Ferrie
London
8 July 2021
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Letter from London: Shipping GHG targets not all plain sailing

The IMO’s ambitious emission goals are still reliant on as-yet unproven technology

The International Maritime Organization (IMO) agreed new mandatory emission reduction policies for ships—including the establishment of vessel rating systems—at its recent Marine Environment Protection Committee (MEPC) meeting. The IMO says the new measures are “short-term” steps in their eventual decarbonisation plans, which target a 50pc cut in shipping’s GHG emissions by 2050 relative to 2008 levels. And along the way, the IMO has committed to reducing carbon intensity—which compares GHG emissions against cargo carried over distance travelled—by 40pc by 2030 and 70pc by 2050. $100/t – Proposed CO₂ fuel oil levy The latest committee meeting also discussed proposals for a mandatory

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