The current GHG emissions profile of the US inland waterway sector is low compared to other freight modes. The American Waterways Operators cites statistics that show that one dry cargo barge can carry the same amount of cargo as 16 rail cars or 70 trucks and that barge transportation produces 30% less greenhouse gas emissions than rail and more than 1,000% less than trucks. Still, that does not mean that decarbonization is an issue that the industry can afford to ignore, and ABS and Vanderbilt University have just published a landmark report analyzing decarbonization strategies for U.S. inland waterways.
Called “Decarbonization of the Inland Waterway Sector in the United States,” the report evaluates the potential for possible future Continue reading “ABS and Vanderbilt put spotlight on US waterways decarbonization”
We are not meeting Paris ambitions; there is a short window of opportunity to close the gap says the new energy transition outlook 2021 report executive summary published by
The lockdowns of the past 18 months or so have given us all time to think and readjust our priorities. Like never before yacht owners and potential purchasers have been giving thought to their work-life balance, the risks of travelling and where in the world can a vacation actually take place? All of this has had a knock-on effect on the market, making yacht insurers’ lives busier than expected.
Following two collisions involving Bahamian ships resulting in 24 fatalities in 2018-2019 and in view of the summer fishing ban lifting on 16 August, the
The global superyacht industry started 2020 very well, with a high level of sales. However the Covid-19 pandemic hit the industry severely in the second quarter of the year. Afterwards, superyacht sales recovered rapidly, with the used yacht market in particular posting very impressive results in the third and fourth quarters of 2020. The positive momentum in the superyacht market has carried on into 2021 and we are expecting a very busy year in 2021 for superyacht sales, both new and used.