Latest posts
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Nuclear Power in Commercial Shipping — Could It Happen? And When?
In 1959, the United States launched the NS Savannah, the first nuclear passenger-cargo vessel, followed by Germany’s Otto Hahn in 1964, Japan’s Mutsu in 1969, and the Soviet Union’s Sevmorput in 1986, which remains in operation today. Although these ships proved the technical feasibility of nuclear propulsion, they failed commercially due to high costs, small
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Carbon Allowances in Shipping: A Guide to Emissions Regulations
The maritime industry is undergoing a major shift toward decarbonization, with carbon allowances emerging as a key tool to reduce greenhouse gas (GHG) emissions. This system, now enforced by the European Union (EU) and under consideration by global regulators, requires shipping companies to account for their carbon output financially. What Are Carbon Allowances? Carbon allowances