Society of Master Mariners' Bangladesh Maritime professionals knowledge sharing

03 DEC 2024 The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s environmental accountability. The expansion will require vessels operating domestic routes to secure allowances for each tonne of carbon emissions, effectively incorporating environmental costs into maritime fuel …

02 DEC 2024 The UK-flagged bulker Anglo Marie Louise (114,727 dwt) has returned to an anchorage off Virginia after reports that the bulker suffered an explosion on November 27. There are no indications of injuries to the crew and the vessel remained seaworthy, although according to the report it has …

01 DEC 2024 Frontline plc posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues of $490.3 million. The company’s adjusted profit reached $75.4 million, translating to $0.34 per share, missing analysts’ EPS expectations of $0.45. Shareholders will …

30 NOV 2024 Rising water levels have restored transits through the Panama Canal, but the canal authority is also looking into how a land bridge could move even more cargo across the isthmus. Shipping, however, has not been very keen on this scenario. ACP administrator Ricaurte Vasquez Morales recently unveiled …

29 NOV 2024  After a year in detention, while charges of drug smuggling were being investigated, the 21 crewmembers of the bulker Debi (37,000 dwt) have staged a protest to call attention to their plight. They are demanding action by the Indian authorities to resolve their situation. The vessel which …

28 NOV 2024  Ceremonies in China last week marked the completion of the world’s first liquified CO2 carrier for a carbon capture and storage operation. The vessel named Northern Pioneer is the first of four being built for a CCS operation set to launch in Norway and receive its first …