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Gibson Tanker Market Report


Shipping a different kind of carbon
 
Recently we wrote about the potential of onboard carbon capture and storage systems (CCS) as a means to decarbonise shipping. Whilst CCS technology could allow shipping to carry on burning cheaper fuels, and meet emerging environmental legislation, it also offers a new source of cargo demand for the industry, which could over time help offset lost demand from a declining trade for conventional hydrocarbon cargoes.

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The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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