OECD, backed by the EU Parliament, rooting for a global emissions cap for shipping at the COP 21 summit this December.
General Secretary of IMO fears a global emissions cap will be at the expense of the global economy.
The Chinese are launching a 3 year test to determine the amount of emission reduction and the extend of the future Chinese ECA.
The situation may become dire if the already strained dry bulk market must absorb the effect of an industry abandoning slow steaming.
Environmental technology and optimization projects produces great economic return at Finnlines.
The government is increasing taxes for the Greek shipping industry as a part of the bailout reforms.
As Iran strikes a deal over nuclear sanctions the introduction of another million barrels of oil a day could mean crude prices fall to mid to low $30.
With the escalation of the economic situation, ships held back in ports and recent capital control, Greek carriers are trying to deflect.
Due to the lower sulphur and particulate emission limits there has been a rise in the use of gas as fuel. However the gas and low-flashpoint fuels pose their own challenges which the IGF Code aims to minimize.
Sponsor support for the VAF cycling team conquering Alpe d’Huez to raise money for cancer research.