According to BIMCO, the current $200 per tonne price spread between very low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) is increasing the advantage for ships fitted with exhaust gas scrubbers. BIMCO says that the price gap between VLSFO and HFSO has...
Teco2030 has signed a letter of intent with Norwegian energy company Narvik Hydrogen to cooperate on relevant projects with the aim of developing a complete hydrogen value chain for Teco2030's fuel cell solution. As part of the agreement, the two parties will...
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Royal Caribbean Group (RCL) has signed a declaration with the Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and shipyard Meyer Turku, to chart the way forward for innovative and sustainable shipbuilding in Finland. The...
Product and chemical tanker company Ardmore Shipping Corporation has placed an order for Value Maritime’s emissions-reducing Filtree system, including the Clean Loop system, for an initial six MR Tankers. Aligning with Ardmore’s energy transition ambitions, the...
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