Tag: shipping industry

AI can help shipping industry cut down emissions, report says

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Oil tanker SCF Primorye, owned by Russian state shipping company Sovcomflot, transits the Bosphorus in Istanbul, Turkey, April 29, 2024. | Photo Credit: Reuters The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping startup Orca…

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Shadow fleet tankers shipping dirty fuel in a setback for clean-up efforts

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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 cut shipping emissions, according to shipping data and sources. The global shipping industry is under increasing pressure to use cleaner fuel to reduce both carbon and…

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