MONTREAL - Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still
Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use a key question given that boats built today will still be running in 2050.
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to. -May 29, 2024 at 01:03 am EDT
- MarketScreener
Growing Armada Shipping Sanctioned Oil Burns Dirty Fuel in a Setback for Clean-Up Efforts usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The shadow fleet of tankers transporting sanctioned Iranian, Venezuelan, and Russian oil hinders efforts to reduce shipping emissions by using non-compliant, cheaper fuels. The growing fleet circumvents sanctions through deceptive practices, raising concerns about environmental impacts, safety, and regulatory enforcement. Authorities struggle to monitor and control these tankers effectively.