CarbonLeap, an independent organisation for managing monetised carbon reductions in global transportation, has recommended shipowners in compliance deficit to act now if they want to take advantage of cost efficiencies created by vessel pooling for meeting FuelEU...
As negotiations on the inclusion of shipping in the EU Emission Trading Scheme (ETS) enter the final stretch, European shipowners, ports and port operators, the cruise and ferry sector, shipyards and equipment manufacturers, fuel suppliers, shippers and forwarders...
BIMCO's Documentary Committee has adopted a CII Operations Clause for Time Charter Parties which will help the industry implement new IMO requirements. The new regulations on the carbon intensity of international shipping will come into force on 1 January 2023. The...
Maritime logistics providers Marinetrans and Best Global Logistics have concluded a deal with Justdiggit, a non-profit ‘regreening’ NGO with offices in Amsterdam (NL), Nairobi (Kenia) and Arusha (Tanzania) to offer carbon offsets, a collaboration which the companies...
Shipping consultant Drewry says that the need for the industry to decarbonise is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissions regulations and...
Classification organisation ABS is to open a global liquified natural gas (LNG) training centre in Doha, Qatar, as part of its support of Qatar’s National Vision 2030 and the Tawteen Programme, which focuses on education and quality employment for Qatari nationals. In...
Announcing the group's financial result for the July-September 2022 period, which showed a good order intake but profitability is still challenging, Wärtsilä’s president and CEO Håkan Agnevall (pictured) said that "The decarbonisation journey will transform our...
Swedish company Echandia has promoted Fredrik Hellström, currently deputy CEO, to be its new CEO, with the aim of focusing on building a solid growing business and broadening the product portfolio. Hellström joined Echandia in 2021, following more than 10 years’...
Wärtsilä Corporation is to strengthen its lifecycle offering by integrating the Voyage business into Marine Power as a business unit, which the group feels will help contribute to its emissions reduction goals. Current President of Wärtsilä Voyage (the former Transas...
A report commissioned by BIMCO shows that while the EU list of approved ship recycling facilities continues to grow, new additions have not added significant capacity to meet the demands of the global shipping industry. Therefore, BIMCO believes focus must shift...
Svitzer, the global towage provider and part of A.P. Moller-Maersk, has announced the appointment of Sabrina Weymiens to the newly created role of Head of Transformation, in order to keep the company on track as it tackles decarbonisation and delivers superior...
Maritime energy storage company Corvus Energy has opened a new test area for hydrogen fuel cells at its production site in Bergen, Norway. As part of the H2NOR project, Corvus is proceeding with the development and production of sustainable, large-scale...
To serve as many ports and customers as possible, as efficiently as possible, international ocean carriers often share space on vessels, a practice which has benefited the EU through the Consortia Block Exemption Regulation (CBER), which expires in April 2024 and is...
Keep up to date with news and events in the industry.
We do not share your information with third parties and you can unsubscribe at any time.