A group of companies has come together to develop a better understanding of the practical realities involved in using ammonia as a fuel for ships.
Ammonia is one of a number of options to be a marine fuel of the future. One of the key elements in the group’s approach is to look at the broader spectrum of implications for many ship types and different operational requirements, including bunkering and port operations.
Posted on - 2020-04-22The Pacific Community, or SPC, says having decimated tourism, Covid-19 is also posing a threat to the region's fisheries.
The director of the SPC's fisheries division, Neville Smith, said they were working to minimise the impact on the tuna fishery, the coastal fishery and on aquaculture.
Posted on - 2020-04-22The US oil market is facing a perfect storm as it trades in negative territory for the first time in history with around 36m barrels of Saudi crude sailing for the US Gulf, and most due to arrive within the next four weeks.
At least 18 very large crude carriers laden with Saudi crude — the majority chartered by the kingdom’s shipping company Bahri — are tracked on the water to the US Gulf, according to Lloyd’s List Intelligence data.
The tankers are a legacy of Saudi Arabia’s now derailed March pledge to flood the world with crude, which first triggered the collapse in oil prices.
Posted on - 2020-04-22