By Dr Stelios Kyriacou, Chief Technology Officer, ERMA FIRST Next year marks a crucial milestone for the International Maritime Organizations (IMO) Ballast Water Management (BWM) Convention, with all ships required to meet the D2 standard f

London, 7 July 2023 At MEPC 80, IMO member nations met the shipping industrys call for action on climate, setting a target of net-zero GHG emissions by 2050 and interim targets for 2030 and 2040. Most importantly, the updated GHG strategy n

Friday 7 July, London: Industry re-asserts that a global levy on ships GHG emissions must now be adopted rapidly if the ambitious goals agreed are to remain plausible. Speaking at the close of the intensive two-week session of the UN Intern

First half 2023 statistics for the international shipping industry have been released by Clarksons Research. Reviewing the data,Steve Gordon, Managing Director of Clarksons Research commented: Most shipping sectors remain in positive territ

Indian Register of Shipping (IRS), a leading ship classification society is proud to announce that it will provide classification services and certify six Next Generation Missile Vessels (NGMVs) to be constructed at Cochin Shipyard Limited

The oil transport fundamentals continued to rise, and COSCO Shipping EnergyTransportations net profit increased significantly in the first half of 2023. On July 6, COSCO Shipping Energy Transportation announced the expected increase in perf

In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service and enhancing the existing PS3, PS6, and PS7 service as of August and

For further enhancing the mutual benefits of both the Suez Canal Authority and its clients, as well as to promote transits via the Suez Canal, kindly be informed that we have issued a new circular (attached) for Chemical Other Liquid Bulk t

Copenhagen, 06 July 2023.Coach Solutions, a leading provider of maritime data solutions, has released a calculator to enable vessel operators to calculate sailing costs under the EU Emissions Trading System (EU ETS). Integrated into the Coa

Multi-purposeHeavy Lift Photo: COSCO Shipping Specialized Carriers Co., Ltd. COSCO Shipping Specialized Carriers Co., Ltd. saw a 0.9% increase YoY in their revenue to RMB 5.87 billion and a 91.66% increase YoY in net profit attributable to

Photo: OOCL COSCO-owned Orient Overseas Container Line (OOCL) has released its semi-annual financial report, concluding the first half year with a 60.2% decrease in revenue to USD 4,154.7 million YoY and the second quarter with a 62.6% drop

Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26. More specifically, rising 3.2% from the previous week, the composite index increased for the first t

Orient Overseas Containers second quarter update released yesterday (5 July) revealed a 62.6% fall in total revenues to US$1.98bn, compared to the same period in 2022. The dramatic turnaround occurred even as liftings increased 1.3%. Loadab

The Rhine River, a vital lifeline of transportation and trade in Europe, is currently grappling with the pressing challenge of falling water levels. Barge transports passing through the measuring point at Kaub are particularly impacted due

Kiel. Starting signal for series production: Sauer Compressors offers a new series of high-pressure compressors for industrial applications. The SAUER Orkan series is now available in the first four standard types. They are suitable for the