[Answer] How Technology Can Tackle Fuel Use and Emissions?
Fuel and emissions are the primary concerns of shippers. Both the things are mutually exhaustive yet shippers need to tackle them wisely in order to stay within the global regulations. With 2020 in place,...
This Fertilizer To Bring a Revolution in Ship Fuels
Ocean-going ships could be powered by ammonia within the decade as the shipping industry takes action to curb carbon emissions.
The shipping industry hopes ammonia will help it tackle climate change, because it...
Singapore Oil Hub Witnesses Upsurge in Floating Storage
Global Platts report of an increase in ships suggesting market stagnation in regional oil hub Singapore.
Kpler oil shipping analyst said there has been an increase in floating storage for crude oil around...
Weekly Bulk Report – Week 8, 2020
The Baltic Briefing has released a report about the dry bulk market of the 8th week of shipping activities of this year. The report dated 21st February highlights the plight of the dry bulk...
Coronavirus Pandemic Slashes Carbon Emissions
Low demand for electricity and weak industrial output looks likely to dent emissions of the world’s biggest polluter.
The reduction in emissions is mostly a result of lower output from oil refineries and...
Capesize Market on a Decline Due To Rio Carnival
According to an article published in FIS, capesize paper market continued its positive run on Thursday, amid limited physical market activity.
Key drivers
The main driver for recent rising Capesize, the Pacific market had failed...
Malta: The Future of Ship Management
Stephan Piazza highlighted the Maltese shipping cluster and challenges the country is ready to take on in order to sustain its growth.
Malta Freeport is flourishing, having handled a record 3.31 million TEUs...
ICS Joins With Nigeria To Curb Attacks on Ships Crews
The number of kidnappings in the Gulf of Guinea has increased by more than 50%.
20 crew members were kidnapped from the MT Duke on 15 December last year.
Over 90% of global...
Severely Reduced Visibility Caused Collision
The Marine Accident Investigation Branch has released the investigation report into the collision between ro-ro passenger ferry Red Falcon and moored yacht Greylag.
Summary of the incident
On Sunday 21 October 2018 at 0811, the roll-on...
ClassNK Opts Wind Propulsion To Achieve Decarbonisation
ClassNK joins the International Windship Association.
ClassNK is the second classification society to become a member of IWSA joining Bureau Veritas.
ClassNK has been developing necessary standards to ensure the safety and soundness...