Tag: shipping sector

October 21, 2022

Following the success of last year’s symposium, when IMO held discussions about the reduction of GHG emissions from ships, this year’s topic was Ensuring a just and inclusive transition towards low-carbon shipping”. IMO officials stressed the theme reflects the need […]

January 18, 2022

The International Chamber of Shipping (ICS), representing over 80% of world’s merchant fleet, has signed a Partnership Agreement with the International Renewable Energy Agency (IRENA) to support the decarbonisation of the shipping sector and its role in the transition towards […]

December 3, 2021

In terms of global intervention, there are the IMO’s mandatory short term goal-based technical and operation measures for the reduction of greenhouse gas (GHG) emissions – namely, the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regimes […]

July 22, 2021

There has been an increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through a more traditional method of establishing a joint venture […]

January 15, 2021

Newport Shipping has unveiled an online portal designed to ease the complexities of ship repair and retrofit works. Digitalisation is making its mark in the shipping sector, with many bespoke online tools now being utilised daily to operate and manage […]

November 12, 2020

On Thursday, the port hosted a bunkering operation with Total’s Gas Agility delivering chilled fuel to the world’s largest LNG-powered containership CMA CGM Jacques Saade. Gas Agility, the world’s largest bunkering vessels supplied 18,000 cubic meters of LNG to the […]

February 26, 2018

The United States has imposed a new wave of sanctions against North Korea’s regime targeting the country’s shipping sector, which has been linked to several sanction evasion schemes. Twenty-eight ships are being blacklisted in addition to 27 entities, and one […]

October 26, 2017

Faced with the lack of available funding, a growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital markets. There are several reasons behind such a trend, according to shipping consultancy […]