20 NOV 2021 With a new CEO and a landmark alliance with long-time rival SAL, Jumbo is well-positioned for a future full of opportunity. Want to install an offshore facility in deep water? How about shipping three fully assembled, 137m high cranes from China to Italy, or installing a new …
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19 NOV 2021 American communications company Viasat has purchased the longest-running satcom company in the maritime industry, Inmarsat, for a total value of about $7.3 billion in cash, stock and debt. Viasat intends to integrate Inmarsat’s radio frequency spectrum, satellite fleet and ground-based assets into its global network. The combination …
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18 NOV 2021 The International Transport Workers’ Federation (ITF) says the recent report of sexual assault by a U.S. Merchant Marine Academy cadet during her at sea training brings shame on the shipping industry and underlines the urgent need for action to eliminate violence in the workplace. The case, which …
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17 NOV 2021 I don’t know Midshipman X, but I am floored by the courage it took for her to come forward, tell her story, and seek justice. Too few of us come forward. I was one who didn’t. Saying publicly that you were raped, assaulted, or harassed is fraught …
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17 NOV 2021 In a letter released Tuesday evening, the U.S. Department of Transportation announced that it has decided to pause the next cycle of the U.S. Merchant Marine Academy’s iconic Sea Year program, citing an ongoing sexual assault and sexual harassment scandal. Sea Year provides the academy’s students with …
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16 NOV 2021 A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonisation of the global maritime industry, officials involved said. Shipping, which transports about 90% of world trade, accounts for nearly 3% of …
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16 NOV 2021 After saying that it fears the EU’s FuelEU Maritime program might be a missed opportunity, the European Community Shipowners’ Associations (ECSA) is taking on one of the most controversial sections of the proposal the EU Emissions Trading System. In a newly released position paper, the industry group …
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11 NOV 2021 Carbon dioxide (CO₂) emitted by burning fossil fuels for energy today will only be removed from the atmosphere by natural sinks – like forests and the ocean – in the next 300 to 1,000 years. That means the climate benefits of transitioning to clean energy become apparent on …
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11 NOV 2021 In a forecast issued last week during the COP26 summit, Danish Shipping Finance (DSF) predicted that decarbonizing the global shore side economy will result in a smaller shipping industry – indirectly helping shipping to reduce its emissions. The report echoes the findings of ABS’ global sustainability team, …
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10 NOV 2021 Last week, three workers were killed during the decommissioning of an aging FSO off the coast of Libya, according to operator Mellitah Oil & Gas. Mellitah put the Sloug up for bid in early 2020, offering up the vessel and any residual hydrocarbons inside of it on an as-is/where-is …
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