[Watch] Maersk COO Explain Shipping’s Climate Efforts at UN Climate Action Summit
Recently, Maersk released a video of their COO, Soren Toft, explaining shipping's climate efforts at the UN Climate Action Summit. The video described as "The climate crisis is real and requires urgent and collaborative...
LNG The Most Commercially Viable Future Proof Fuel?
According to a new report released by SEALNG, Liquified Natural Gas (LNG) is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry, reports the Ship Technology
What is it?
A...
BIMCO: Regulating Propulsion Good Way To Curb Emissions
In a major development, BIMCO has submitted a proposal to the International Maritime Organization (IMO) to regulate the propulsion power of ships in order to sustain the GHG savings already achieved through slower steaming,...
The Third Largest Merchant Fleet in EU Is ‘Sulphur Cap Ready’
According to a leading shipowner shipping companies in Cyprus, whose merchant fleet is the third biggest in the EU and eleventh in the world, are ready for the challenge of the new sulphur cap...
Distracted Captain on Phone Results in Bulk Carrier – Barge Collision
According to an NTSB investigation report, On January 31, 2016, at 1953 local time, the bulk carrier Aris T collided with a moored tank barge, moored towing vessel, and two shoreside structures on the...
Kuehne + Nagel Takes the Green Pledge
Kuehne + Nagel (KN) is claiming a win for the environment after announcing that it will offer carbon-neutral services for all less-than-containerload (LCL) shipments, reports The Loadstar.
Green Pledge
The move is part of a wider...
GP’s Maiden Compliant Fuel Delivery in Fujairah
Oil trader and bunker provider GP Global delivered its first barge of compliant low-sulphur fuel oil into Fujairah in the United Arab Emirates, reports MarineLink.
Delivery at the main hub
The company delivered a 6,000-tonne bunker...
Sovcomflot Incorporates Poseidon Principles for LNG vessels
Sovcomflot and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks, reports Steel Guru.
The three banks
Sumitomo Mitsui Banking Corporation of Japan;
...
SEMCO Proposes Innovative Solution To Address Global Sulphur Cap
Japan-based SEMCO hopes its electronic measuring tape offering will be a good fit to ease the growing demand to measure lighter marine fuels, reports Ship & Bunker.
MGO for HFO bunkers
"In complying with the new...
Eagle Bulk Shipping Inc. Acquires Modern Ultramax
Eagle Bulk Shipping Inc. (EGLE), one of the world’s largest owner-operators within the Supramax / Ultramax segment, has taken delivery of the previously agreed first of six modern Ultramax drybulk vessels, reports Yahoo Finance.
High...