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, but the long life cycles of ocean vessels along with...
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. Lines, Ltd. today announced that the bunkering vessel Techno Star,...
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 driven by demand from ocean carriers, logistics operators and BCOs...
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 the improved cargo aggregation opportunities, presented by the modified cabotage...
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 and caused economic losses of 6.2 billion yuan ($973 million),...
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 to underperform their increasingly lofty oil production targets, with the...
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 biggest retailers, though they said bottlenecks should ease later in...
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 challenge of decarbonisation.
Tangible path for decarbonisation
Responding to a challenge thrown...
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 of the existing ships with newbuilds, reports Tank News International.
As...
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, Secretary of the US Department of the Interior. The groups...