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Using an abundant, if toxic, resource to power the maritime fleet. A mature future fuel already in use - but will it become dominant? Numerous NGOs protested against the IMO earlier this year putting biofuels in its Global Fuel Standard, but the “fuel versus food” debate seems to have been solved by deriving fuels from waste. Technically the cleanest possible fuel source available to the maritime world and one that has the longest history, dating back to the 1950s. Why is it not in common, non-military use? LNG is currently the most popular lower carbon fuel, but with bio and e-LNG it could move beyond its current transition fuel status supported by extensive existing infrastructure. Read More Read More Read More Read More Read More
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Daewoo nets Capesize bulker
2004-04-14T00:00:00
Daewoo Shipbuilding in Korea clinched a Capesize bulk carrier from Korea Line. The shipping company ordered the 170,800DWT ship for delivery in July 2006 at a contract price of $59.6 million. When completed, the newbuilding will transport coal for Korea Electric Power Corporation on an 18 year charter.
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