South Korea's Net Zero Delayed by its LNG Development & Expansion Korea's main LNG imports are from Qatar ,Uzbekistan and Yemen. Globally the liquefied natural gas (LNG) tanker fleet comprised of 734 vessels in the year 2022 including floating storage units. South Korea is the third largest LNG importing country with Korea Gas Corporation (KOGAS)
Embracing Green Shipping Conventional Shipping Sustainability from Carbon Emissions Perspective Sustainability is an integral component of the Maritime sector. Statistically the shipping industry contributes 3% of global CO2 emissions which is meagre when compared to road transportation at 17% where the transition towards a cleaner and green mode of road transportation has been relatively smooth
Bleak Future of Offshore Turbines Soaring inflation, rising energy costs and global temperatures have demolished any vision of achieving electricity generation of 70 % through renewable energy sources by the 2030's whether in the US or EU. Vested stakeholders within the US and EU underestimated the market of offshore turbines being rudely jolted by these
Shipping & Environmental Air Pollution As maritime transportation plays an important role for world sea trade its contribution to air pollution and climate change cannot be brushed aside. The current population of the world merchant fleet of 100 gross tonnage and above is about 117,000 vessels and the total gross tonnage is 1.36 billion. Annual
