Yearly Archives: 2023
DNV: Addressing The Surge In Engine Room Fires On Containerships
Statistics show that between 2019 and 2021, there was a sharp increase in engine room fires on board container ships. Preliminary data gathered from...
Shipping Risks In Bulk Carriage Of Scrap Metal
The NorthStandard P&I Club highlights the risks associated with the bulk carriage of scrap metal, particularly iron and steel. Dr. Neil Sanders from Burgoynes...
Cargo Overdrive: Key Moves In The 2023 Car Carrier Industry
The car carrier sector has witnessed a remarkable year marked by record trade volumes, a surge in electric vehicle adoption, tight freight markets, robust...
Charting A Greener Course Electrifying Maritime Shipping
As global efforts intensify to electrify various modes of transportation and reduce greenhouse gas emissions, maritime shipping emerges as a critical sector requiring transformation....
Oil Rises After Houthi Attack On Ship, Weak Sentiment Weighs
Oil rose on Tuesday as an attack by the Iran-aligned Houthis on a chemical tanker escalated geopolitical tension in the Middle East, though concerns...
WinGD, Alfa Laval Develop Ammonia-Powered Engines
Swedish sustainable solutions provider Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will deliver two fuel supply...
Star Bulk & Eagle Bulk Shipping Enter Strategic Merger
Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine in an all-stock merger on a Net...
Challenges For Harbour Vessel Decarbonisation
Much of the industry’s emissions-reduction attention is focused on sustainable oceangoing ships, but the sector must also cut pollution in ports from harbour craft.
Regulators...
Christmas Crunch As Panama And Suez Canals Hit
Global supply chains are facing a dual threat as disruptions in the vital Panama and Suez canals, key arteries for international trade, loom large...
EU ETS Will Cost The Shipping Industry Billions, Says ITIC
The extended EU ETS, which will come into force on 1 January 2024, will set an annual absolute limit on emissions of greenhouse gases...