Wärtsilä Signs A Strategic Partnership With MPA

Wärtsilä Voyage has signed a strategic partnership with the Maritime and Port Authority of Singapore (MPA). Working together, the two will identify synergies between Wärtsilä’s Navi-Port solution and MPA’s maritime digital platforms and...

Oil Imports In South Korea Rises by 2%, Non-OPEC Supplies In Favor

Refinery runs rapidly rising as Seoul loosens restrictions. US crude imports extend upward trend amid tight Middle East supply. Middle East crude seen expensive; US, Mexican cargoes come cheaper. A Platts news source states...

A Country’s Unique Style To Overcome Container Shortage Crisis

India is exploring shipping goods as 'break cargo' to tide over the container shortage crisis, said officials. Break bulk cargo is transported in bags or boxes and takes less space in ships, thereby...

CMA CGM Tops Q3 Carrier Earnings League Table

CMA CGM has shot to the top of the Q3 carrier earnings league table, posting a net profit of $5.6bn for the period. CMA CGM had been understood to be checking out Chinese...

LR Launches Maritime First Artificial Intelligence Register

The AI Register helps the maritime industry embrace technology advances in artificial intelligence (AI). AI Register has been developed to signpost proven and reliable AI technology to help maritime stakeholders benefit from the...

Maritime Leaders Converge At ‘MPA Programme’ To Focus on Risk Management

The 11th Maritime Public Leaders’ Programme (MPLP) welcomes 15 maritime leaders from 14 countries to interact and exchange ideas on the global shipping industry and the impact caused by COVID-19. Held virtually from 22 to...

WinGD Engines To Run on Ammonia & Methanol By 2025

Swiss engine company WinGD says its engines will be able to operate on methanol and ammonia from 2024 and 2025 respectively, reads the website. Engines running on liquid biofuel or biogas The company’s multi-fuel engines will...

ABS Launches 3-step Sustainability Reporting & Assurance Services

ABS has announced that it has launched new services which clients can use to demonstrate progress towards sustainable operations, reports the website. 3-step sustainability reporting The classification society said it has developed a ‘straightforward three-step process...

Biden Taps Oil Reserves in Effort To Combat Gas Prices

The U.S. will release 50 million barrels of crude from the Strategic Petroleum Reserve, the White House said Tuesday. The move is a coordinated effort between energy-consuming nations including China and Japan to...

EU Thwarts Zero Emissions Resolution During MEPC 77

IMO MEPC 77 is debating a resolution this week that would set a net-zero target for all international shipping by 2050, reports Splash247. Call to Action for Shipping Decarbonization In fact, during the first day of...