Odfjell Drilling CEO warns that drilling industry clean-up comes too late
The clean-up in the drilling industry requires scrapping of far more rigs than just those that are old and nearing the end of their operational lives. "The entire industry is, to put it this way, wrecked," says Odfjell Drilling's CEO in an interview with ShippingWatch.
A large number of the world’s container vessels will be forced to sail slower once the IMO’s CO2 rules come into force next year, DB Schenker executive predicts. The rules will ”result in a big redesign of all our schedules.”
Ammonia, which can be environmentally damaging if handled incorrectly, has a very big potential as a future fuel for shipping. An order book will be seen in the market from 2028, forecasts research center.
Box carriers’ access to sharing capacity and ships contributes to lowering carbon emissions, according to three shipping organizations, which are thereby arguing in favor of maintaining the EU’s competition dispensation for container shipping.