Many shipping companies are still striving to define their strategy for EU ETS compliance some 90 days after implementation of the complex regulation, according to OceanScore, as it leverages lessons learned from clients to date to define b

T homas Zaidman, Managing Director, Sagitta Marine Sagitta Marine Managing Director Thomas Zaidman thinks the Handysize and Supramax segments could see positive fortunes for the balance of 2024 thanks to firm demand and lingering market ris

Eni, a global energy company, Fincantieri, one of the worlds largest shipbuilding groups, the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have s

In response to media queries, the Maritime and Port Authority of Singapore (MPA), together with the National Environment Agency (NEA) and JTC Corporation (JTC), confirmed that the agencies are investigating reports of the periodic oil slick

ICS welcomes the progress made during these intensive negotiations to achieve net zero emissions from shipping, and the support received from around 60 Member States for a flat rate contribution system per tonne of GHG. The purpose of the p

A new Lloyds Register report has highlighted the need for industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel, for its adoption as part of the maritime energy transition. Fuel

Shandong Port Group (SPG), a State-owned enterprise that operates major ports in East Chinas Shandong province, recently marked the completion and readiness of its world-class port cluster in five cities with a total investment of 229.51 bi

U-Ming Marine Transport (S) Pte Ltd (U-Ming) announced today that it has signed a Memorandum of Understanding (MoU) with ITOCHU Corporation to explore discussions on jointly owning and operating ammonia dual-fuel bulk carriers. Leveraging U

New Wrtsil analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy blueprint to accelerate the global transition to sustainable fuels Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2

photo from Euronav website Euronav has sold the VLCC Nectar (2008 307,284 DWT), VLCC Newton (2009 307,208 DWT), and VLCC Noble (2008 307,284 DWT). This sale reconfirms Euronav CMB.TECHs strategy of recycling capital at a historical high poi

Wildlife crime continues to pose a significant threat to biodiversity, local and national economies, as well as national and international security. The illicit trafficking of wildlife not only endangers countless species but also undermine

March 18 local time in Brazil COCSO SHIPPINGs Latin Americas largest new generation of extreme container ship COSCO SHIPPING BRAZIL first voyage to Brazil ceremony held in the port of Paranagua, Brazil. After the first voyage of the COSCO S

A recent study commissioned by the Global Centre for Maritime Decarbonisation (GCMD), in collaboration with Lloyds Register and ARUP, has identified low port readiness as a major hurdle bottlenecking the adoption of Onboard Carbon Capture a

SUMEC Marine and CCB Financial Leasing recently signed the contract for the construction of two CROWN 63 PLUS bulk carriers. photo from SUMEC Marine Upon delivery, the two vessels under CCB Financial Leasing will be operated by Bohai Ocean

Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting global trade. In 2023 an estimated 13% of global seaborne trade transited through these areas. However, the attacks have reduced