24 SEPT 2021 Last week, NGO Shipbreaking Platform warned of the need for enhanced safety measures in the ship recycling industry due to rising numbers of fatal accidents and injuries. With seven workers dying while dismantling vessels in Bangladesh and Turkey in less than two months, the industry must prioritize …
Read More »DECOMPRESSION SICKNESS MAY BE CAUSED BY FAULTY IMMUNE RESPONSE
23 SEPT 2021 It is infinitely beautiful below the ocean’s surface. So beautiful that every year some divers are tempted to go a little too deep and stay there a little too long. Decompression sickness (DCS) has been a known condition for more than a century. The disease – sometimes referred …
Read More »MARINE MONEY EXPERTS WARN AGAINST NEW SHIP CAPACITY AS PRICES SURGE
22 SEPT 2021 Ship owners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders. Industry players looking to buy new vessels at current prices will likely find themselves “overextended,” according to Arjun Batra, group …
Read More »CHARTERPARTY RISKS: A VESSEL DESCRIPTION “WITHOUT GUARANTEE”
21 SEPT 2021 In time charterparties, shipowners will warrant the capabilities of the vessel, including its speed and fuel consumption. It is quite common for the charterparties to have a “vessel description” clause that will set out the speed-consumption warranty. In the case of charterparties in NYPE 1946 form, the …
Read More »OP-ED: 10 WAYS TO CUT SHIPPING’S EMISSIONS TODAY
20 SEPT 2021 In the middle of this summer’s shocking fires and floods came the grimmest climate science report yet from the UN’s Intergovernmental Panel on Climate Change, warning of a “code red for humanity” as our use of fossil fuels continues to drive up global temperatures. To keep below the threshold of 1.5 degrees C of warming – …
Read More »FUEL COMPARISONS MUST CONSIDER ENERGY DENSITY
19 SEPT 2021 Why fuel assessments can be distorted if energy density is overlooked. Comparing fuel price and performance on a per-tonne basis has sufficed for liquid fossil fuels, but as shipowners evaluate new fuels as part of their decarbonization plans, this method is no longer accurate. SEA-LNG has identified …
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