World

15 APR 2023 Shipping is a highly polluting industry. Between 2007 and 2012, it was responsible for roughly three percent of global greenhouse gas emissions from fossil fuel use and industrial processes, or around one billion tonnes of CO2 equivalent per year. Ship exhaust may also contain “black carbon” – sooty …

13 APR 2023 The Indian government plans to invite financial bids for the privatisation of Shipping Corp of India Ltd (SCI) next month, as it looks to sell the state-run company after years of delay, two government officials told Reuters. The Prime Minister Narendra Modi-led government had, in 2019, announced plans to privatise …

14 APR 2023  The International Maritime Organization (IMO) recently pledged to respond to industry concerns over the criteria and implementation of its Carbon Intensity Indicator (CII) rating system after the review process is completed this year. With this in mind, maritime executives should expect CII to become even more influential …

13 APR 2023 The areas most affected by high systolic blood pressure (red) and areas are also affected but to a lesser extent (yellow).  More than a billion adults around the world live with elevated blood pressure, a condition that puts individuals at risk of damaging a variety of organs, including the …

12 APR 2023  Executives from the cruise industry, its suppliers, and destinations wrapped up their conference in Florida discussing the future of the industry and the challenges that lay ahead. German shipbuilding group Meyer Werft also took the opportunity to speculate what a cruise ship in the next century might …

11 APR 2023  As the investment community prepares for the start of earnings season with the first of the reports scheduled to be released as early as next week, speculation focuses on what the outlook is for the shipping industry’s financial results. There has been extensive focus on the dramatic …

10 APR 2023 The world is direly addicted to plastics. Try as we might to recycle them, plastics are cheaper to make anew, so unthinkable amounts of plastic waste are dumped into landfill and are clogging up our oceans. From all the new plastics ever made, over 6 billion metric tons of plastic waste (that …

09 APR 2023  Amidst all the mystery surrounding the attack on the Nord Stream 1 and 2 pipeline systems last year, one thing is clear: investigators are nearly sure that it was carried out by a state actor, according to a prosecutor leading Sweden’s team. Investigators in Denmark and Sweden have …

08 APR 2023 Weeks after the US Centers for Disease Control and Prevention warned health care providers to stop using a popular brand of eye drops in the wake of infections that led to one known death, an additional two people have reportedly lost their lives. As of March 14, 68 patients across 16 …

07 APR 2023  Incremental improvements in passenger safety add up to big gains over time. Marine safety improves through innovation and regulation. Early adopters pick up on new solutions while regulators keep the market in compliance with baseline standards. Eventually, the most successful new safety ideas become requirements – like …