Shipping
Latest news and issues affecting the shipping industry.
Reefer shipping remains resilient despite 2022 trade contraction, says Drewry
Reefer container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in reefer seaborne trade last year, and this divergence is
bound4blue secures further funding to pioneer wind propulsion systems
bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a €15.9M Series A funding round
Lithium-ion batteries present multiple risks beside fire
TT Club, the specialist international freight insurance provider, is seeking greater emphasis on the critical dangers of toxic gas emissions associated with lithium-ion battery fires. The
Competition decreases financing margins for shipowners, says ship finance platform
The outlook for shipping finance remains positive, with a great number of lenders from banks to funds and leasing houses
Korean Register grants approval to Samsung’s ammonia-powered ship
KR (Korean Register) granted an Approval in Principle (AiP) for a 200K CBM Class Ultra-Large Ammonia Carrier using ammonia fuel.
Maritime insurers join initiative to improve cargo safety
Major UK maritime insurers, the UK P&I Club and TT Club have signed up for Safetytech Accelerator’s Cargo Fire &
As key to ocean health, NGOs urge underwater noise cuts for shipping
As a workshop exploring the relationship between energy efficiency and underwater radiated noise from shipping closes September 19 at the
Korean Register gives approval to Samsung’s ship cyber resilience
KR (Korean Register) has awarded an Approval in Principle (AIP) to Samsung Heavy Industries (SHI) for “design and test procedures for implementing cyber resilience of
IUMI reports positivity for marine underwriters but uncertainty for future sustainability remains
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Edinburgh, Scotland, September
Shipping 101: Practical guide to shipping contracts and documents
Shipping moves International Trade and the Global Economy. The events post 2020 saw how critical shipping was to trade and the daily life of consumers
Marine insurance market: “Strength and stability in turbulent seas”, says IUMI president
Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Edinburgh, Scotland, President Frédéric Denèfle expands and explains the conference common theme of
EC president names world’s first methanol-enabled container vessel
Rotor sails expected to save 10% of fuel, emissions annually
Chemical tanker has world’s first suction sails
Maersk, Amazon finalize eco-friendly ocean shipping deal
Asian LNG buyers face volatile market until 2026
Is end-of-life ship recycling policy catalyst or threat to ESG?
DNV develops new shore power class rules for tankers
DNV, Damen and NAPA use 3D model-based ship design approval
Damen, DNV and NAPA are taking a step forward in ship design processes by using the new Open Class 3D Exchange (OCX) standard to streamline
Green steel: Decarbonizing across ship lifecycle
According to the new Green Steel and Shipping Report by the Sustainable Shipping Initiative (SSI), addressing steel emissions is critical to decarbonizing across the ship
Governments adopt initiative to scale low-carbon fuel production
The Clean Energy Ministerial (CEM) has July 21 adopted the Clean Energy Marine Hubs Initiative (CEM-Hub) at a summit in Goa, India. The platform brings
Ship arrested to force owner to settle unpaid debts
The International Transport Intermediaries Club (ITIC), a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation
Liquefaction remains greatest contributor to deaths in dry bulk sector, warns INTERCARGO
Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses,
Guide to managing risks and claims in shipping
Shipping is an endeavor fraught with risks. Where there are risks, there will be claims. The shipping professional must know how to prepare for risks
Australia, Indonesia collaborate on maritime safety and ship inspection
The governments of Australia and Indonesia on June 14 announced the completion of two facilities in Jakarta, Indonesia, to improve safety measures across the maritime
Open hatch ship operator joins ICHCA as part of commitment to safety
Global cargo handling association ICHCA announces a new member from the key ship-owning community. Gearbulk and Grieg Maritime joint venture, G2 Ocean is seeking to share
CMA CGM partners with football club Olympique de Marseille
ITIC alerts industry to costs of bill of lading errors
Chinese-installed floating barrier heats up tension in West Philippine Sea
Rozul Reef and Escoda Shoal, two features in the West Philippines Sea, appeared lifeless, with almost no signs of life.
Fashion that hurts. A look at China’s fragile hearts
Emotional offenses may soon be outlawed in Communist China. In September 2023, the legislature of the Chinese Communist Party (CCP)
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