Yearly Archives: 2023

Maintaining Magnetic Compasses Onboard: All You Need To Know

In accordance with Chapter V, regulation 19, of the 2000 amendments to the 1974 International Convention for the Safety of Life at Sea (SOLAS),...

Lessons Learned: Crew Member Slips On Deck Breaking His Leg

A recent IMCA Safety Flash focuses on an incident in which three engineering crew members were involved in the manual handling of a bunker...

Dirty Tanker Suezmax Fixtures Start To Factor In EU ETS Costs

The first fixtures with EU Emissions Trading Scheme costs factored into the rate have been reported in the Dirty Tanker market for Suezmax voyages...

Sustainable Shipping: IMO Working Towards Net-Zero Emissions By 2050

IMO showcases their stride in reducing greenhouse gases in the UN. Achieving net-zero GHG emissions around 2050. Global level-playing-field for shipping decarbonization. The recent...

Ethical Responsibilities And Economic Implications In Ballast Water Compliance

Shipping companies are being held accountable for the environmental impact. Ballast water pollution poses severe risks to marine ecosystems. Adopting effective ballast water...

ABB’s New Digital Enhancing Transparency In Vessel Emission

ABB recently introduced a digital tool tailored for ship owners. This CO2e Calculator specifically focuses on five key ABB maritime solutions. The tool...

Rising Cargo Demands Prompt Significant Investments In Port Infrastructure

The Port of New York and New Jersey is advancing infrastructure initiatives to address the escalating demands of the region. Boosts Infrastructure For Record Growth More...

Slight Downward Movement Expected In Global Bunker Indices

The MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, exhibited fluctuating patterns without a consistent trend on...

Star Bulk Completes Share Repurchase From Oaktree

Star Bulk Carriers Corp. successfully repurchased 10 million of its common shares from Oaktree Shareholders, reports starbulk. Nominated Directors This reduced Oaktree Shareholders' ownership in the...

DSIC Receives DNV Approval For Innovative LCO2 Concepts

DNV's Approval in Principle (AiP) seals DSIC's innovative LCO2 designs, positioning them as pioneers in maritime carbon capture. As CCS gains traction in energy...
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