Tag: shipping industry

December 11, 2023

The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute limit on emissions of greenhouse gases (GHG) for vessels of 5,000 gt and above calling at EU ports. However, its implementation is creating […]

April 13, 2023

The recent meeting of the RINA Hellenic Technical Committee (HTC) bought stakeholders from all parts of the shipping industry together to discuss the impact of new regulations (CII), the way forward for decarbonisation, and the latest developments in digital tools […]

March 15, 2022

Updated proposals submitted to the UN International Maritime Organization (IMO) outlined how a planned $5bn IMO Maritime Research Fund (IMRF), which will accelerate the development of zero-carbon technologies and fuels, could also be used to support the maritime decarbonisation efforts […]

February 1, 2022

The annual Shipping Industry Flag State Performance Table from the International Chamber of Shipping (ICS) has identified reporting on seafarer wellbeing as a “casualty of the pandemic”. This year’s table highlights a drop in levels of reporting on the status […]

December 9, 2021

This bill is the first major overhaul of federal regulations for the global shipping industry in over 30 years and was sponsored by US Representatives Dusty Johnson (R-S.D.) and John Garamendi (D-CA). It will provide “critical” updates to the international […]

November 4, 2021

Technology company ZeroNorth has today highlighted the changing role of weather routing in the maritime industry, as new technologies shift responsibility for mastering the weather to more individuals within shipping companies and amplify the influence that voyage planning has on […]

October 11, 2021

Mediterranean Shipping Co (MSC) and the China Waterborne Transport Research Institute have signed a memorandum of understanding to jointly promote decarbonisation and sustainable development of the shipping industry. This is the first time MSC is partnering with a major institution […]

June 18, 2021

The regulations that support the process of decarbonizing the shipping industry will do far more than reduce carbon dioxide emissions; they will create unprecedented transparency on which are the most efficient and which the least efficient vessels. With the focus […]

August 18, 2020

“COVID-19 has proven that our systems work, as we’re still able to move 85% of global value although 50% work from home”, Jensen said in a pre-interview for the Digital Container Summit set to be held online on September 3. […]

October 9, 2019

Yet owners, charterers and managers were more confident than they were at the time of the previous survey in May 2019. The average confidence level recorded by the survey in the three months to end-August 2019 was 5.8 out of […]

January 16, 2019

Specifically, the report entitled “Transport 2040: Automation Technology Employment – the Future of Work” says that autonomous ships will not replace conventional cargo ships which could result in the loss of seafarer jobs. The task of seafarers will change to […]

March 19, 2018

Hong Kong-based blockchain solution provider 300cubits has completed the first trial shipment in its smart contract deployed on the Ethereum blockchain, the company said. Malaysia’s liner company West Port and, LPR, a Brazilian textile importer participated in the trial. 300cubits […]

January 4, 2018

The shipping industry went through a number of changes in 2017, much for the better, but a cautious approach is still needed for 2018 to maintain the progress already achieved, BIMCO said. Economic growth has accelerated in Europe, Asia and […]

November 27, 2017

The shipping industry needs to design ships differently and be more technologically innovative to reach world climate goals and counter cybersecurity risks, it was agreed at the annual Tripartite Shipbuilding Forum. At the meeting in Nantong, China, held on November […]

November 10, 2017

Israeli cyber security specialist Naval Dome and UK’s Lloyd’s Register (LR) have signed a Memorandum of Understanding (MoU) aimed at establishing standards and guidelines for maritime cyber defence. As part of the collaboration agreement, LR will carry out a series […]

June 8, 2017

The oversupply of tonnage in the shipping industry should be left to sort out itself, it was concluded at a panel debate on Ship Oversupply and Accelerating Sustainable Recycling, held on June 6 in London, UK. Over the past eight […]

February 16, 2017

The global shipping industry has urged the European Union to drop the sector’s inclusion in proposals adopted Feb. 15 to reform the bloc’s carbon market, saying it risks distorting trade and international efforts to cut the sector’s emissions. About 90% […]

November 8, 2016

Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea’s Hanjin Shipping Co., top shipping executives said. Robbert van Trooijen, Asia Pacific CEO of […]

September 30, 2016

The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major player South Korea’s Hanjin Shipping Co. slowly is waking up to the redeeming potential of technology. While sensor-laden containers, smart ships and 3D printing have […]