Entries by ecdisorg

Environmental Regulations on Vessels Giving Rise to Mixed Market Prospects

There are mixed prospects on how the oil refinery and shipbuilding industries will respond as the International Maritime Organization (IMO) will tighten environmental regulations on vessels beginning in 2020. While the oil refinery industry which currently dominates the vessel fuel market has begun to keep their markets, the shipbuilding industry is expecting liquefied natural gas […]

Autonomous Ships: Regulations Left in Their Wake?

The general public is well aware of the continuing development of autonomous vehicles. The media constantly provides stories on the advances of these self-driving cars, trucks and cabs. Autonomous vehicles are expected to increase safety while also resulting in significant cost savings in the transportation of goods. While not receiving the same amount of media […]

T&E study finds 71% of new containerships comply with IMO’s post-2025 requirement

A new study by Transport & Environment (T&E) has revealed that roughly 71% of new containerships are compliant with the post-2025 requirements set by the International Maritime Organisation’s (IMO) Energy Efficiency Design Index (EEDI). The volume represents almost three-quarters of all the newly built containerships, which are responsible for emitting around a quarter of the carbon […]