10 MAR 2023 When Maersk and MSC announced that they were winding up the 2M Alliance and going their separate ways, the two shipping industry titans claimed that a change in their individual business strategies had rendered their alliance unworkable. In the ensuing weeks, multiple editorials attempted to dissect the …
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08 MAR 2013 Hempel joins the International Maritime Organization (IMO’s) Global Industry Alliance (GIA) for Marine Biosafety to work with industry to support shipping’s emissions reduction pathway and to mitigate against the spread of invasive species. Key messages: • Hempel joins Global Industry Alliance (GIA) for Marine Biosafety. • Through …
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07 MAR 2023 The IMO may finally be moving closer to a zero-carbon future, with more shipping nations backing stronger targets and a global carbon price Giant oil tankers are slow to change course. The International Maritime Organisation (IMO), the UN agency that sets minimum safety and environmental rules for …
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06 MAR 2023 Japanese authorities are preparing to release treated radioactive wastewater into the Pacific Ocean, nearly 12 years after the Fukushima nuclear disaster. This will relieve pressure on more than 1,000 storage tanks, creating much-needed space for other vital remediation works. But the plan has attracted controversy. At first …
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05 MAR 2023 After a slow start to the season, Russia’s grain exports are booming as buyers load up on its attractive bumper supplies. The country’s shipments of wheat — its main crop — almost doubled in January and February from a year earlier, Logistic OS data show. Buyers shunned cargoes earlier …
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04 MAR 2023 In 2021, India set an ambitious target to double its ship recycling capacity by 2024, with the aim of generating 150,000 jobs and increasing its ship recycling market share from 30 percent to 50 percent. To support this goal, India passed the Recycling of Ships Act and acceded …
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