Legal Risks Connected With STS Operations

Iran and Venezuela have reportedly increased their exports of oil, and cargo trackers have noticed increased ship-to-ship (STS) transfers at sea. Some states, for example Malaysia, require specific permission for anchoring and for...

Chevron Sets Net Zero Aspiration And New GHG Intensity Target

Chevron reveals brand new GHG intensity target bent on achieving net-zero by 2050 direct Scope 1 emissions include the six Kyoto Protocol greenhouse gases (GHG) while Scope 2 is considered to be indirect...

[Watch] A Self Assessment Tool for the Shipping Industry

There is an urgent need to tackle the systemic challenges creating human rights and welfare risks for the world’s nearly 2 million seafarers. The COVID-19 pandemic and resulting crew change crisis thrust seafarers into the...

Why Eco-Anxiety Dreads the Youth Worldwide?

The climate crisis is taking a growing toll on the mental health of children and young people, experts have warned, reports The Guardian. Public Health reports Increased levels of "eco-anxiety" — a long-term fear of environmental...

Asia Light Ends: Key Market Indicators For Oct 11-15

Asia's light end markets were trading higher in mid-morning trade Oct. 11 on firmer crude futures, with gasoline further supported by improving demand in India, Pakistan and Southeast Asia, while naphtha buying activity is...

Important Points That Worth In Shipbuilding Contracts For Ships

Points that are worth considering when entering into new building contracts for ships fitted with a wind propulsion device. With a growing number of shipbuilding financiers endorsing the Poseidon Principles there is appetite...

GasLog Strikes A $325m Refinancing Deal

LNG shipping player GasLog has landed a refinancing deal through a note purchase from the US-based investment firm Carlyle and energy and energy-related infrastructure investor EIG. The two companies have signed up for...

Carriers Walk Away From Their Contracts and What Next?

Time and tides wait for no-one and, so it seems, after the flood comes the ebb tide. Shipping lines seeking renewal of contracts with customers are looking to lock shippers into long-term deals...

Industrial Majors Collaborate on Delivering Decarbonized Hydrogen

Sembcorp, Mitsubishi and Chiyoda will collaborate on exploring the supply chain commercialization of decarbonized hydrogen into Singapore, using Chiyoda’s tech SPERA Hydrogen, reads a Sembcorp media release. Commercialization of decarbonized hydrogen On 4 October, the Japanese...

“K“ Line Conducts Emergency Response Exercise

On October 7th, 2021, “the Emergency Response Exercise” was carried out as a part of training of optimum emergency response prepared for any major maritime accidents, reads a "K" Line press release. Setting up crisis-management The...