06 NOV 2020 Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be ramping up now as the International Maritime Organization (“IMO”) takes steps to actualize objectives specified in its 2018 statement of strategy to reduce greenhouse gas emissions from ships, …

04 NOV 2020 Women make up just 7.5 percent of the world’s seafarers, according to a first-of-its-kind report looking into diversity within the shipping industry. The report was released this week by the International Chamber of Shipping. It surveyed more than 200 shipping companies across the world on issues related to diversity …

03 NOV 2020 Similar to how people buy car insurance in case of car accidents, maritime companies buy insurance policies to cover workplace accidents and payout the injury settlements from that policy. Because your company is primarily interested in self-preservation and protecting itself, their strategy for handling a workplace injury …

02 NOV 2020  Maine Maritime Academy will soon be able to give its cadets hands-on experience with autonomous vessel navigation. In an arrangementment brokered with MARAD and with Boston-based Sea Machines Robotics, MMA’s 41-foot workboat Quickwater is currently undergoing a retrofit to receive Sea Machines’ SM300 autonomous control system. A remote-operations center …

01 NOV 2020  Singapore’s Corrupt Practices Investigation Bureau (CPIB) charged seven individuals with corruption and conspiracy in a bribery and influence-peddling scheme involving the Keppel FELS shipyard and several sub-contractors. The case alleges three individuals received approximately S$879,900 (US$650,000) in payments in exchange for promises to advance the business interest …

31 OCT 2020  On Thursday, the U.S. Department of Justice announced that it has sold four cargoes of Iranian gasoline that were seized from commercial tankers on the high seas. The sale totaled about 1.1 million barrels and netted about $40 million in proceeds. The buyers were not disclosed. According …

30 OCT 2020  A team of UK maritime researchers have set out their vision for a fleet of zero carbon coastal ships to transport goods around the UK via its ports by 2030. The Zero-carbon Coastal Highway concept was developed by a core team of the Maritime Research and Innovation …

29 OCT 2020  The global maritime charity Stella Maris is reporting a successful effort at repatriating seafarers who had found themselves stranded in Italy due to financial problems on their ships and the ongoing travel restrictions related to COVID-19. Stuck in Italy for nearly three months, the charity worked with …

28 OCT 2020  Having had a long career in this industry with many diverse challenges, I’ve come to know first-hand the importance of adaptability. In fact, being able to adapt to change has been a consistent theme in my career and I believe has been integral to my professional growth …

27 OCT 2020  Despite the downturn in many segments that have led to increases in the numbers of ships sold for demolition, BIMCO reports, the VLCC crude oil tanker segment is in the midst of its second-longest streak without the sale of a single vessel for scrap. November 2 will …