Established time charter terms and legal frameworks require attention to accommodate methanols rise as a key alternative marine fuel, writes Scott Pilkington, Senior Solicitor (FDD), NorthStandard. Scott Pilkington Shippings need to decarbon

SSY, the worlds largest independent shipbroker has today announced the appointment of Terry Chen to the newly created role of Head of Ship Finance (China), effective immediately. Terry Chen An industry veteran with over two decades of exper

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024), that provides guidance on how to manage the risks and potentia

In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, a leading dry bulk shipping company, has decided to apply a sustainable graphene-based propeller coating, XGIT-PROP, across its entire fleet. Thi

On March 01, 2024, the government of the Peoples Republic of China issued a statement announcing the baselines of the territorial sea adjacent to the north part of the Beibu Gulf. The Coordinates of the Base Points In accordance with the Law

Many shipping companies are still striving to define their strategy for EU ETS compliance some 90 days after implementation of the complex regulation, according to OceanScore, as it leverages lessons learned from clients to date to define b

T homas Zaidman, Managing Director, Sagitta Marine Sagitta Marine Managing Director Thomas Zaidman thinks the Handysize and Supramax segments could see positive fortunes for the balance of 2024 thanks to firm demand and lingering market ris

Eni, a global energy company, Fincantieri, one of the worlds largest shipbuilding groups, the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have s

In response to media queries, the Maritime and Port Authority of Singapore (MPA), together with the National Environment Agency (NEA) and JTC Corporation (JTC), confirmed that the agencies are investigating reports of the periodic oil slick

ICS welcomes the progress made during these intensive negotiations to achieve net zero emissions from shipping, and the support received from around 60 Member States for a flat rate contribution system per tonne of GHG. The purpose of the p

A new Lloyds Register report has highlighted the need for industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel, for its adoption as part of the maritime energy transition. Fuel

Shandong Port Group (SPG), a State-owned enterprise that operates major ports in East Chinas Shandong province, recently marked the completion and readiness of its world-class port cluster in five cities with a total investment of 229.51 bi

U-Ming Marine Transport (S) Pte Ltd (U-Ming) announced today that it has signed a Memorandum of Understanding (MoU) with ITOCHU Corporation to explore discussions on jointly owning and operating ammonia dual-fuel bulk carriers. Leveraging U

New Wrtsil analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy blueprint to accelerate the global transition to sustainable fuels Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2

photo from Euronav website Euronav has sold the VLCC Nectar (2008 307,284 DWT), VLCC Newton (2009 307,208 DWT), and VLCC Noble (2008 307,284 DWT). This sale reconfirms Euronav CMB.TECHs strategy of recycling capital at a historical high poi