S.Korea's SK Chemicals explores biodiesel use in shipping fuel for IMO 2020

South Korea’s leading biofuel maker, SK Chemicals has announced to start tests on blending biodiesel with petroleum based fuels in order to create low-sulphur marine oil which will comply with the new green shipping fuel rules.

Furthermore, the company is aiming to foster its biof...

Lower Speed Limit for ships to help environment 

Shipping industry is huge. It accounts for a very large fraction of global trade across the world. However, it’s function is associated with adverse environmental effects on aquatic species as well as on over all climate. Not only it chemically pollutes the air with its emissions but also c...

The handicap of 2020 rule changes by IMO

The new shipping rules have proved to be a burden to most of the stakeholders and partners in the decisive turnaround that the industry has seen in the past six months and is expected to witness from 1st January 2020 as the deadline for the new grade of bunker fuel kicks in.

A lot of re...

The industry fights for carbon levies to be used for future funding

The maritime industry carries a total of about 90% of global trade and is equally carbon emission potent with the levels of pollution being bout 2-3 percent of the global count. Top industry leaders and high ranking executive officers have thus raised their voices for a levy on carbon emissions f...