Yearly Archives: 2024
China’s UCO Tax Rebate Removal: Implications for Global Biofuel Markets
China’s removal of the 13% export tax rebate on used cooking oil (UCO) aims to boost domestic supply for Sustainable Aviation Fuel (SAF)...
Cargo Pump Failures: Why Vibration Monitoring is Essential
The failure of a cargo pump onboard a newbuild tanker has highlighted the need for crews to regularly monitor rotating machinery for excessive wear...
HMM’s Comeback to Transatlantic Trade: New TA1 Service Announced
South Korean carrier HMM has re-entered the transatlantic trade market with its Transatlantic 1 (TA1) service in partnership with Ocean Network Express (ONE).
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World’s Biggest Iceberg, A23a, Resumes Its Journey
Known as A23a, the world’s largest iceberg is once again on the move.
It has been drifting through the Southern Ocean after spending...
Lessons Learned: Fatal Fall Into the Cargo Hold Aboard Bulk Carrier
Transport Malta reports of an incident involving a fatal fall into the cargo hold of a bulk carrier, during cleaning operations.
What happened?
On 21 June...
Powering Progress: Risk Sharing is Vital for Emissions Cuts
Investment in emissions reduction technologies (ESDs/ESTs) and digital applications should be shared across all stakeholders, not just shipowners. This includes financial exposure, new...
Mabanaft Inks Biofuel Bunker Deal With Hapag-Lloyd
Mabanaft has concluded an agreement with compatriot shipping major Hapag-Lloyd for the supply of B30 biofuel in Hamburg.
The agreement entails an initial...
LR: Rules To Include Requirements Regarding Marine Castings
Amendments have been made to Lloyd’s Register’s Rules to include the requirements of a newly published Unified Requirement from the International Association of Classification...
ClassNK Endorses KAGOO’s MAREWA-SYSTEM Innovation
ClassNK has granted its Innovation Endorsement for Products & Solutions to a remote monitoring system for machines, “MAREWA-SYSTEM” developed by KAGOO DOCKYARD Co., Ltd....
China Merchants Shipping Leases Two New Capesize Carriers
China Merchants Energy Shipping Co., Ltd. (China Merchants Shipping) plans to enter into long-term lease agreements for two newly constructed capesize bulk carriers.
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