Russia pulls out of Black Sea Grain Initiative
Wheat, corn and soybean prices all rose today on the news that Russia has not extended its participation in the UN sponsored Black Sea Grain Initiative. With Russia no longer on board,
Wheat, corn and soybean prices all rose today on the news that Russia has not extended its participation in the UN sponsored Black Sea Grain Initiative. With Russia no longer on board,
In a move that positions it to displace Hapag-LLoyd as the world’s fifth largest box ship operator Taiwan’s Evergreen Marine Corporation is betting billions on methanol-fueling, placing orders for 24 methanol dual
While IMO has announced an enhanced common ambition to reach net-zero GHG emissions from international shipping by “close to 2050,” some influential cargo shippers don’t want to wait that long. They’re set
As the International Maritime Organization’s Marine Environmental Protection Committee started a crucial session on GHG reduction targets (MEPC 80), United Nations Secretary Secretary-General António Guterres called for meaningful action and said measures
Japan’s Mitsubishi Shipbuilding and NYK Line have obtained an Approval in Principle (AiP) from ClassNK for a vessel designed to carry ammonia on one leg of a voyage and captured carbon on
Compliance with U.S. Environmental Protection Agency (EPA) Vessel General Permit regulations under the Clean Water Act can get complicated. Failure to comply can get expensive. The EPA has settled with two shipping
Faced with a shortage of Canadian seafarers, on June 25 Canada signed agreements with Georgia, the Philippines, and the United Kingdom to allow their certified seafarers to work onboard Canadian vessels. This
The move to methanol continues. Yesterday, Maersk announced it had placed an order for six mid-sized containerships with dual-fuel engines able to operate on green methanol. Today, Wärtsilä announced that it has
A new study sees significant potential advantages for short-sea shipping services between southern Ontario, Canada, and the U.S. Great Lakes region. The study was carried out by Fluid Intelligence, a data-analysis partnership
Canada’s Algoma Central Corporation continues to move towards methanol. It has placed a CAD 127 million (about USD 96 million) order with Hyundai Mipo Shipyard in South Korea to build two 37,000