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Regulation

Major shipping players to collaborate on CO2 problem

Central players such as Höegh Autoliners as well as Chevron’s and Shell’s tanker carriers particularly point to one specific solution for shipping’s major challenge with decarbonization, as made clear at the Marine Money shipping conference in New York.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Joe Biden would like to "pop" container carriers

Thursday last week, US President Joe Biden criticized container carriers’ high rates, and Friday, he repeated his criticism, this time using stronger language. The president feels about carriers as when you want to ”pop” someone.

IMO gives itself one year to raise CO2 ambitions for shipping

The IMO’s Marine Environment Protection Committee further accelerates efforts to reduce shipping’s CO2 emissions, seeking agreement on a new and revised 2050 plan within one year. One of the most tangible proposals has been put to death, however.

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