One of the few areas where global trade disruptions have eased recently was in Panama. Water levels in the Panama Canal slowly increased and transit restrictions were gradually lifted throughout the first half of 2024. The latest announcements by the Panama Canal Authority (APC) in June increased the number of daily booking slots for vessels transiting the Panama Canal to 34 in August, compared to the lowest level in 2024 at 24 in April.
Tracking by AIS data, MR2-sized oil tankers and VLGCs are among the most common ships that have transited through the Panama Canal. The reduction of daily ...
Dual Fueled Engine Analysis
July 19, 2024
It seems that the complex world of dual fuel technology is starting to sort itself out with certain clear preferences among ship segments and owners’ choice for a particular fuel-type technology. The table on the right-hand side compares Carbon Intensity as well as Energy Density Factor (MJ/kg) published by IMO and helps us to determine which fuels would meet the IMO 2050 objective of zero carbon emissions (only green methanol and green ammonia would qualify). However, the problem with both methanol and ammonia is their Energy Density, in another word, equivalent bunker volume to generate the same engine power ...
