$400,000 for IMO CARES Project

The International Maritime Organization has put $400,000 behind the preparatory phase of a new 'IMO CARES' initiative on decarbonization. This came shortly after its member states blocked a plan to impose a 2050 net-zero emissions target on the shipping industry. A...

Global Supply Chain in Chaos Amid Disappearing Ships in Chinese Waters

In the latest headache for the global supply chain, ships in Chinese waters are disappearing from industry tracking systems. Analysts started noticing the drop-off in shipping traffic toward the end of October, as...

Shipowner Fined for $3m Over Golden Ray Capsizing

Environmental regulators from the American state of Georgia have decided to fine Korean shipowner Hyundai Glovis $3m over the 2019 capsizing of the Golden Ray car carrier, reports Pressreader. Hyundai Glovis fined for $3m  The Georgia...

4 Pirates Killed in Gulf of Guinea

A Danish frigate has killed four pirates in waters south of Nigeria in an operation to protect shipping in the Gulf of Guinea, reports Reuters quoting the Danish military. Soldiers injured “No Danish soldiers were injured,...

[Infographic] HFO: A Threat To the Arctic!

Heavy fuel oil (HFO) use increases the impact of oil spills and produces harmful air and climate pollutants, reports an infographic from HFO Free Arctic. For the infographic, click here. Did you subscribe to our newsletter? It's...

New Report Details the Latest Challenges in LNG Fueling

Trelleborg’s marine and infrastructure operation has launched a new research report which reveals the latest challenges in LNG fueling, reports Safety4sea. Need for clean energy The growing global climate crisis is necessitating the search and need...

Google’s New Feature To Reduce Security Alerts

An overload of security alerts can make it difficult for IT and security teams to find pressing threats which is why Google Cloud is adding a new “Mute Findings” capability to its Security Command Center (SCC), reports techradar. What...

Fire at Coal Mine Kills 11, Dozens Trapped

Russian authorities say a fire at a coal mine in Russia's Siberia killed 11 people and injured more than 40 others, with dozens of others still trapped, reports abc News. About the blaze The blaze took...

Commodity Tracker: 5 Charts To Watch This Week

The impact of rising coronavirus infections is back on the headlines with the number of cases rising in major European economies, affecting mobility. Platts also take a look at Russian gas flows into Europe,...

NYK Introduces Carbon Neutral Initiatives at Clean Fuel Symposium

NYK introduces its Carbon neutral initiatives at International Symposium on clean fuel ammonia, reads an official press release. Implementation of the Fuel Ammonia Value Chain NYK participated in an international symposium on clean fuel ammonia held...