Shipping
New Alternative Fuel Bunkering MOU
(Posted on 04/07/24)Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding (MOU) to accelerate towards the introduction of more bunkering ships capable of handling alternative fuels.Singapore-based Consort Bunkers placed an order with COSCO SHIPPING...
INTERCARGO members achieving fewer deficiencies and detentions
(Posted on 28/06/24)INTERCARGO-registered dry bulk ships continue to outperform the industry average in both deficiencies and detentions, as highlighted in the latest INTERCARGO Benchmarking Report on Bulk Carriers.INTERCARGO unites and promotes quality dry bulk shipping, bringing together 250 forward thinking companies from 30 countries. INTERCARGO...
Owners face significant emission bills under EU-ETS without proper management
(Posted on 28/06/24)The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) marks a pivotal step towards a more sustainable and decarbonised maritime industry. However, this new regulation brings substantial costs and compliance challenges for ship owners. Oceanly, a leading provider of fleet performance solutions...
Western Bulk appoints new Head of North Atlantic
(Posted on 28/06/24)Joachim Frantsen has been appointed as the new Head of the North Atlantic desk, effective 1 September. He succeeds Torbjørn Gjervik who has been promoted to Group CEO.“I´m pleased that we have so much internal talent willing to take on exciting opportunities as we are growing our company. With more than 20 years...
New Nuclear for Maritime takes centrestage with record attendance
(Posted on 19/06/24)Over 350 delegates registered for CORE POWER's landmark New Nuclear for Maritime Summit held in London on June 13th. With only standing room left at the back, the event was at capacity as over 40 speakers and panellists from across nuclear and maritime sectors, as well as finance professionals and regulators, powered through a packed...
AI tools key to the 'urgent action' needed to meet IMO climate targets
(Posted on 19/06/24)Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI, is championing the rapid, but responsible, deployment of smart, cost-effective digital tools to tackle climate challenges in the shipping industry. Leveraging machine learning and data insights, AI solutions are a vital front line in reducing fuel consumption...
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