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...

[Watch] How Ocean Shipping Works & Why It’s Broken

Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of...

Hafnia Bolsters Foothold in Tanker Segment With CTI Acquisition

Singapore’s Hafnia has agreed to buy all outstanding shares in Denmark’s Chemical Tankers Inc. (CTI) – formerly known as Navig8 Chemical Tankers – taking control of the latter’s fleet of 32 IMO II product/chemical...

Castor Maritime Announces New Bulker Charters

Castor Maritime Inc., a diversified global shipping company, has announced new charters for four bulk carriers. M/V Magic Nova The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on a time...

Global Judicial Powerhouse Of The Future

Singapore's standing as an international arbitration powerhouse is set to grow as it builds on past efforts and global economies recover from the Covid-19 pandemic. The capital markets are still the largest in...

Why Did Protests Flare Up In This Country?

Violent protests were seen all over the country. Demonstrators took to the streets after new restrictions. Some places introduced partial lockdown. Vienna makes immunization mandatory. Protestors waved national flags. Hundreds of thousands of people...

World’s Most Prominent Technology Regulator

There is a real willingness and wide political support in the EU to set the highest global standards when it comes to tech regulations. But the pipeline for tougher regulation doesn't end there. ...