At a major conference 18 June in Liverpool, United Kingdom, hosted by the renowned Tyndall Centre for Climate Change Research, Peter Hinchliffe, Secretary General of the International Chamber of Shipping (ICS), gave the keynote speech explaining the shipping industry’s commitment to reducing its CO2 emissions, ICS said in its press release.

Mr Hinchliffe said that shipping is the only industry with a mandatory global regime in place, agreed by the International Maritime Organization (IMO), to reduce its CO2 emissions. “We are therefore already on a pathway to deliver ships by 2030 that will be 30% more efficient than those of just a couple of years ago.”

He added: “There is a clear mood to address supply chain efficiency at every

Seguir leyendo

The Bunker Review is contributed by Marine Bunker Exchange   

Brent and WTI crude oil prices surge on Thursday as conflict and violence in Northern Iraq escalates. The Brent crude jumped more than $2 to over $112 a barrel on worries that escalating violence in Iraq could disrupt oil supplies from the major OPEC exporter.
An earlier silent market response to news that Sunni rebels had overrun Iraq’s second-largest city Mosul and moved in on its largest refinery at Baiji has given way to growing worries as the al Qaeda splinter group appeared to make rapid advances toward the Shi’ite-led government in Baghdad, causing fear that it will threaten the Iraqi oil exports. Concern that the Bagdad controlled Iraqi army was disintegrating

Seguir leyendo