Just 30% CO2 Emission Slash Possible by 2050!, Warns Experts

Shipping is on course to cut its CO2 emissions by 1.1% this year, according to Clarkson estimates, says an article published in Splash 247. The drop comes despite the world fleet being on track to...

Leading Ship Finance Banks Prefer Environmentally Friendly Vessels

Shipping companies look in to every corner to reduce their carbon footprint as pressure increases, reports Reuters. Demands to slash emissions  From higher-quality paint to state-of-the-art propellers, shipping companies are looking in every corner to reduce...

Tanker Time Charter Rates Witness a Stable Phase

Tanker time charter rates have been looking stronger across all sectors in 2019, reports Alibra Shipping. Uptrend in time charter In Q3 2019, the average time charter rate for a VLCC for one year was up...

Malware Alert! Need for Implementing Cyber-security Measures

U.S. maritime industry warns its port, where there is inadequate cyber-security, to wake up to the dangers posed by ship docking, reports FTI Journal. Malware and malicious cyber tools Potentially destructive malware and malicious cyber tools...

Master Pilot Exchange – Responsibilities and Elements of Effective Association

A Master knows his ship and the pilot knows his waters. Mutual knowledge exchange benefits both, reports Gard. Master-Pilot relation It is a given fact that invariably pilotage is compulsory and the majority of accidents occurring...

ABS Sets the Maritime Course To Low Carbon Shipping

Shipowners and operators must also take into considerations the greenhouse gas targets for 2030 and the emissions goals for 2050, apart from IMO 2020 Global Sulphur Cap, reports Safety4sea. Need for new strategies ABS informs that...

Two DP2-B-Type Ships Get Futuristic Updates from Wärtsilä Group

The technology group Wärtsilä has been selected to supply a comprehensive package of solutions for two new state-of-the-art vessels being built for the Netherlands-based shipping company Spliethoff, reports the Maritime Executive. The ships are under...

China’s First 3,000-Tonnage Buoy Ship Delivered

China's large buoy working ship Xiangyanghong 22 was delivered to the East China Sea Branch of the State Oceanic Administration in Shanghai on 3rd December, reports Xinhuanet. First 3000-tonnage ship Built by the China State Shipbuilding...

Virgin Voyages’ Scarlet Lady Embarks on Her Maiden Voyage

Scarlet Lady, Virgin Voyages' first adults-only vessel, is preparing for its maiden voyage on April 1, 2020, after successfully completing sea trials in November, reports People. Scarlet Lady sets sail The Virgin founder, Sir Richard Branson,...

IEA Outlook Highlights the Incongruities in Global Energy System

Rapid and widespread changes across all parts of the energy system are needed to put the world on a path to a secure and sustainable energy future, the International Energy Agency (IEA) said on...