Biweekly Message from PANASIA about New Wave of Eco-Friendly Market
TO.
Get on Board rather than be Swept
In the global trend of carbon neutrality, environmental regulations on merchant ships sailing the ocean have already been enforced most quickly and strongly among various industries since the early 2000s.
When the IMO made BWMS mandatory for all ships built from 2009 through the BWMS convention adopted in 2004, and also when the ship owners lose their option for the fuel oil through the enforcement of Sulfur cap 2020, ship owners always being suffered similar situations...
The scrubber market was presented to the market a few years ago, such as LSFO or MGO and LNG DF, as a solution to the new IMO's regulations, because of 'HFO' is not satisfied with sulfur cap 2020. Scrubbers have been rising in the market over the past few years, but not now.
The reason for this is crystal clear. In the new shipbuilding, shipowners are ordering Dual Fuel ships or using Low sulfur oil. In the retrofit, the use of LSFO or MGO is a...
The solutions to the global climate crisis at this point include cutting carbon emissions by 50% by 2030, to reach net zero (Net zero of carbon emissions) of the global economy by 2050, and securing natural carbon sinks...
Busan, Korea based Solution Provider company Panasia Co., ltd. made MOU contracts for future net-zero projects with several major companies.
Changes to a Carbon-neutral society, the world is setting their decarbonization target that put them on a pathway to reaching net-zero greenhouse gas (GHG) emissions...
