BIMCO adopts new CII clause for Voyage Charter Parties
LONDON : The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing
ClassNK releases “Guidelines for Fuel Cell Power Systems On Board Ships (Second Edition)”
TOKYO : ClassNK has released “Guidelines for Fuel Cell Power Systems On Board Ships (Second Edition)”, which cover safety provisions related to the design of ships powered by
CMA CGM and Maersk enter into decarbonisation partnership
MARSEILLE / COPENHAGEN : Two of the largest container shipping companies, Maersk and CMA CGM have decided to collaborate on decarbonisation initiatives. Both ocean carriers believe that working
Political instability is a “Risk Multiplier” which is putting a successful green energy transiti
LONDON : The International Chamber of Shipping (ICS) Maritime Barometer Report 2022-2023 – published on Tuesday, 16th May, 2023 – reveals that uncertainty over fuel availability and infrastructure
Future shipping fuels include LNG, Hydrogen & Amonia as Shipping has relied on One Fuel for lon
COPENHAGEN : International shipping is a classic ‘hard to abate’ sector. Container ships, bulk carriers of ore, fuel, and grain, and large passenger vehicles are expensive to build,
Cosco Shipping, CMA CGM and SIPG sign MOU to collaborate on green marine methanol supply
SHANGHAI : On April 6, in the presence of the heads of state of China and France, Chairman of COSCO SHIPPING Mr. Wan Min, Chairman, CEO of CMA
Feasibility study underway for UK’s first maritime green corridor
LONDON : A feasibility study has been launched into the creation of a maritime green corridor between Dover, Calais and Dunkirk. Schneider Electric announced that it is a
IMO CARES project enters next phase
LONDON : The International Maritime Organization (IMO)’s IMO CARES project funding boost from Saudi Arabia enables move to full implementation phase. The IMO CARES project has completed a year-long foundation
2023 is a year of acceleration for the maritime industry – ABS
STAMFORD : Speaking at the keynote session of CMA Shipping 2023 in Connecticut, ABS Vice President, Regional Business Development North America, Roy Bleiberg, laid out his view on what the