MOL Sets Up Environmental Recovery Trust Fund

MOL recently established an authorized public trust as a part of its aid activities to promote the recovery and sustainability of the environment, and communities in the Republic of Mauritius, reads an official press...

Pacific Basin Launches Carbon Offset Service

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, in a press release, has announced the launch of its PB Carbon Neutral Voyage Programme. Carbon neutral shipping For Pacific Basin customers wanting...

Maersk Supply Service Nets Juliet Field Decom Job

Maersk Supply Service (MSS) has won a decommissioning contract from Neptune Energy for the Juliet field in the UK Southern North Sea, reports Splash247. Innovation to halve the time and costs The project will see the...

Wärtsilä’s Green Ammonia Project is “Best of What’s New” in 2021

A joint project between technology group Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, promoting the use of green ammonia as a marine fuel has received important recognition from...

Study Shows Patients Who Survived COVID Are More Vulnerable To Death

A study says patients who survive severe Covid are more than twice as likely to die over the following year than those who remain uninfected or experience milder virus symptoms, reports Guardian. About the research  The...

This Week’s Commodity Tracker: 4 Charts to Watch

The announcement lifted EUA carbon allowances to a record Eur75/mt on Nov. 25 with the German government also calling for a European carbon floor price. Rising generation costs have made a much better...

Key Factors For Every Organization To Minimize Human Error

Unfortunately, even motivated employees can become quite inefficient once human error comes into play. 4 key factors for every organization to minimize human error. 7 ways to minimize errors when designing tools and...

Contractual & Charter party Issues

IMO’s mandatory short term goal-based technical and operation measures for the reduction of greenhouse gas (GHG) emissions. Regionally, the EU’s ‘Fit for 55’ package also seeks to regulate the shipping sector's carbon footprint. ...

[Watch] Freighter Beached by Storm

General cargo ship beached by storm late Nov 30 in Unten Port area, East China sea, reports Maritime Bulletin. What happened? General cargo ship was beached by storm late Nov 30 in Unten Port area, western...

World’s First Molecular Microprocessor Released

You don’t have to wait to get sick to be tested. But you can test every day, for everything, everywhere. It has submitted research for peer review in a scientific journal. Mola said...