UCLA and Port of Los Angeles Forge Sustainability Pact

UCLA and the Port of Los Angeles have signed a new memorandum of understanding to advance sustainability and create workforce opportunities. The partnership...

ZIM’s Q3 2024 Breaks Records: A $1.13 Billion Profit

ZIM Integrated Shipping's Q3 2024 revenue surged 117%, reaching $2.77 billion. The company reported a dramatic turnaround, with net income of $1.13 billion,...

Decarbonizing the Seas: Maritime’s Energy Transition in Charts

Dual-fuel engines are revolutionizing the maritime industry, with container ships leading the charge in adopting this technology. LNG fleets have grown significantly, becoming...

Energy Observer 2: Pioneering Zero-Emission Shipping

World’s Lowest-Carbon Cargo Ship to Launch by 2029. EO2 Secures €40 Million EU Funding for Sustainable Shipping. European Innovation Fund Backs Groundbreaking Maritime...

Heavy Demand on the Crew Change Service Launched by the SCA

Strategic Locations Enhance Accessibility for Crew Change Operations. SCA Introduces Digital Booking System for Seamless Maritime Services. Newly built launches Ensure Safety and...

Unmasking The Hidden Emissions Of Global Shipping

New estimates suggest that a significant number of ships, operating outside of regulatory oversight, emitted approximately 375 million tonnes of CO2 in 2023. These...

Biofuels Gain Traction In Maritime Sector

Star Bulk, a major dry bulk shipping company, plans to start using biofuels to power its fleet. This move is in response to new...

A Deep Dive Into Carbon Capture And Storage For The Maritime...

Onboard carbon capture and storage (CCS) is a promising technology that can significantly reduce greenhouse gas emissions from ships. By capturing and storing carbon...

Capesize And Panamax Freight: Weak Rates Persist Amid Ample Tonnage

Capesize, Panamax, and Supramax markets face bearish conditions, with weak demand and oversupply pressuring rates. Pacific holds steadier, while the Atlantic struggles. Seasonal trends...

Steady Gains, Smoke And Mirrors, And Evolving Dynamics

Tanker markets see mixed gains; VLCCs climb near WS 60, Suezmax shows steady rates, and Aframax benefits from thinning tonnage and delays. Sentiment and...

Japanese Shipbuilders’ Orders Plunge 70% In October 2024

The Japan Ship Exporters Association (JSEA) has released the latest data on Japanese shipbuilders' orders for October 2024, reports en.portnews.ru. Delivery Japanese shipbuilders took delivery of...

Will Shipping Carbon Pricing Impact Food Security?

Environmental Defence Fund explains that food security and revenue redistribution offer a vital lens through which to address concerns about the potential impacts of...

Samsung Heavy Industries Achieves Certification For LNG Carrier With Wind-Assisted Propulsion

Samsung Heavy Industries announced on Nov. 20 that it has received basic design certification for a liquefied natural gas (LNG) carrier equipped with a...

Global Trade Shifts: Record Volumes and Supply Chain Challenges

Record-Breaking Growth in the Far East to South America Trade. Massive Capacity Surge Reshapes Key Trade Lane. New Services Boost Far East-South America...

ABS Chairman Highlights Safety And Technology At Annual Advisory Council Meeting

At the annual ABS Advisory Council Meeting, ABS Chairman Christopher J. Wiernicki emphasized the growing importance of a proactive, systems-based approach to safety in...

Shell Takes Delivery Of Europe’s Largest Inland LNG Bunkering Vessel

Shell recently expanded its LNG (liquefied natural gas) bunkering capabilities with the addition of Energy Stockholm, Europe’s largest inland LNG bunkering vessel. This vessel,...

DP World Joins Forces with SailGP in a Global Logistics Partnership

Seamless End-to-End Logistics for SailGP's Global Racing Events. Regional Expertise Meets Global Oversight: DP World’s Role in SailGP. Sustainability at the Core: DP...

Thecla Bodewes Shipyards Wins Order For Four GADUS 5600 Design Vessels

Thecla Bodewes Shipyards, headquartered in Kampen, Netherlands, has secured an order from Navigare Shipping for four GADUS design vessels. This partnership marks the beginning...

Mitsui O.S.K. Lines, Ltd. (MOL) At COP29, Decarbonization Initiatives

Mitsui O.S.K. Lines, Ltd. (MOL), represented by Chief Sustainability Officer (CSuO) Tatsuro Watanabe, is actively participating in COP29, highlighting the company’s commitment to decarbonizing...

Essential Role Of AEDs On Ships: Enhancing Survival Rates In Cardiac...

The article underscores the critical role of automated external defibrillators (AEDs) on ships for increasing survival rates during cardiac emergencies. Given that cardiac arrest...