Scrubber Alternative, Great Solution In Short Time

Value Maritime has modified an exhaust filtering system to collect carbon dioxide from emissions onboard ships. Shipping companies are trying to reduce emissions,...

MOL Group Vessels To Achieve Net Zero GHG Emissions

An MOL news article published on the MOL website states that MOL Group Bunkering Vessel Successfully Operated Using Biodiesel Fuel. Major announcement by MOL TOKYO-Mitsui O.S.K....

What Has Led To Spike In Container Fleet?

A record 7.2m teu, or 14%, was added to the global container equipment fleet last year, taking it to 50.5m teu. It is...

Cabotage Law Revision Increases Direct Loadings At Ports

Foreign container lines trading on Indian routes claim there is a significant sequential increase in direct port loadings. It may be due to...

Tanker Ship Collision Spilled 9,400 Tons of Oil, Says Report

According to a government report, a tanker collision off China’s east coast last April leaked about 9,400 tons of oil into the Yellow Sea...

OPEC+ Lags Behind in Its Oil Output Quotas, Survey Says

Co-leaders Saudi Arabia, Russia pump below caps OPEC+ compliance rises to record 120.8% Venezuela plunges; Libya, Kazakhstan also fall OPEC and its allies continue...

Top European Shippers Forecast Surge in Freight Rates

Two top European shippers warned freight costs were likely to remain high well into this year, offering no relief to customers including the world’s...

ICS Announces Maritime Decarbonization Summit

The board of the International Chamber of Shipping (ICS), has announced plans to mark its centenary and host a high-level summit to address the...

Erik Thun Orders Next-gen Dry Cargo Vessels

Swedish shipping company Erik Thun Group has ordered two new dry cargo vessels from Dutch shipyard Ferus Smit in an effort to replace some...

Legal Petition Demands Biden Govt. To Stop Unlawful Oil Drilling

Three hundred and ten environmental justice, climate, conservation, public health, indigenous, faith-based and community organizations sent an “emergency petition” this week to Debra Haaland,...