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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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Scrap or cold lay-up planned for 10-20 MOL bulkers
2012-06-14T06:36:00
Japanese operator Mitsui OSK Lines (MOL) has announced plans for scrapping or cold lay-up of 10 to 20 Capesize bulkers, of 15 years or older, in consideration of this fiscal year’s worsening market trends.
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