EU MRV and the IMO DCS. The shipping industry is responsible for about 3% of global greenhouse gas (GHG) emissions, and this share is expected to increase in the future. To address this challenge, the European Union (EU) and the International Maritime Organization (IMO) have introduced two different but complementary regulations to monitor, report and […]
2M Alliance which started in the year 2015, will end in 2025 (January). Those who are not aware about this alliance, 2m is a partnership between world top shipping operators, MSC and Maersk. It is Vessel Sharing Agreement, which means both companies can load and use each other ships on specific trade routes like ASIA-EUROPE […]
In a recent move, international maritime organization has put .5% sulphur in the marine fuel oil cap. By 2020, all vessels have to comply with the above standard. This decision was taken in meeting held in London last week. What Does .5% Sulphur Marine Fuel Means This means that by 2020 every ship has to burn […]
