Relationships

GREEN SHIPPING’S TRANSITION LIKELY TO COME FROM REGIONAL FRAMEWORKS

05 OCT 2023  The shipping industry has been embroiled in a major debate on the effectiveness of the IMO’s Revised GHG Strategy adopted at MEPC 80 back in July. According to some quarters, the new strategy represents a significant leap in ambition, aligning shipping with the science-based target of 1.50 …

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GREEN FUELS IN SHIPPING FACE MAJOR CHALLENGES FOR 2050 NET ZERO TARGET

04 OCT 2023 Ships carry around 90% of traded goods and emit about 3% of global CO?. The International Maritime Organization (IMO), the UN agency responsible for regulating shipping, recently set out plans for this industry to reach net zero emissions by 2050. Like their ancient forebears, modern vessels can be partially propelled by …

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SHIPPING INDUSTRY HAS NO EASY PATH TOWARDS DECARBONIZATION, UNCTAD

03 OCT 2023 The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonise faster, U.N. agency UNCTAD said on Wednesday. Shipping, which transports over 80% of world trade and accounts for nearly 3% of the world’s carbon dioxide emissions, has faced …

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THIS SIMPLE ACTIVITY LOWERS STRESS WITHOUT EXERCISE OR MEDITATION

02 OCT 2023 When we think of the best ways to reduce stress, we might picture activities such as exercise or meditation. But while these pursuits certainly work for some people, they aren’t the only techniques you can use to reduce stress. Over the past couple of years, adult colouring …

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CHINA IS CHECKING BALLAST WATER ON JAPANESE SHIPS FOR RADIOACTIVITY

30 SEPT 2023 China has reportedly quietly begun checking all ships arriving from Japan looking for signs of radioactivity in their ballast, while the state news agency reported today the country is beginning a one-year pilot program to stop invasive species. According to reports from Japan, this is the latest …

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CHIEF ENGINEER SENTENCED TO PRISON OVER ILLEGAL DUMPING, OBSTRUCTION OF JUSTICE

29 SEPT 2023 A judge in Southern California has sentenced the former chief engineer of the general cargo ship M/V Donald to serve twelve months and a day in prison after he was convicted of conspiracy to obstruct justice, obstruction of justice and failure to maintain an accurate oil record book. A jury found …

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CARGO SHIP LOADED WITH GRAIN LEAVES UKRAINIAN BLACK SEA PORT

28 SEPT 2023 The first grain ship in over two months left one of Ukraine’s Black Sea ports, as Kyiv seeks to defy Russia’s effective maritime blockade following the collapse of a safe-passage deal. Wheat prices fell. The Resilient Africa left Chornomorsk with 3,000 tons of wheat and is heading toward the …

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NEW TRAINING SHIP EMPIRE STATE VII ARRIVES IN NEW YORK

27 SEPT 2023 SUNY Maritime College in the Bronx, New York on Monday welcomed the arrival of its new state-of-the-art training ship, the Empire State VII, marking a new era training for the nation’s future Merchant Mariners. The ship is the first of five new government-owned National Security Multi-Missions Vessels (NSMVs) designed for …

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MARINE INSURANCE INDUSTRY FACES INFLATION CHALLENGE

26 SEPT 2023 Global ocean hull premiums rose by 5.7% in 2022 due to increased activity, vessel values, and reduced market capacity, but change is on the horizon with inflation likely to have a significant affect on the marine insurance industry going forward, according to the International Union of Marine Insurance (IUMI). Overall, 2022 …

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LOMAR SHIPPING PARTNERS WITH STARTUP ON ATMOSPHERIC METHANE REMOVAL

25 SEPT 2023  Lomar Shipping’s in-house tech division, Lomarlabs, is working with a new climate-tech startup to develop a system for breaking down methane – not from the ship’s own emissions, but in the air itself.  Lomartech is partnerhing with Blue Dot Change to develop and test a new, nature-based …

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