Niels Rasmussen, chief shipping analyst at BIMCO, is warning that the negative impacts of Russia’s actions in Ukraine will have consequences for all sectors of shipping. Though much uncertainty remains, the immediate
As Russia’s invasion of Ukraine continues, there are increasing reports of missile attacks on merchant ships. Now the NATO Shipping Center is warning that risks to shipping also include mine danger areas.
As we continue to explore sustainability issues and solutions for the marine industry, we bring another edition of “10 Minutes With …” to get a new or different perspective on the topic.
The Joint Negotiating Group (JNG) of maritime employers and the International Transport Workers’ Federation (ITF) have designated areas in the Black Sea and the Sea of Azov as “Warlike Operations Areas,” triggering
Converting existing containerships to LNG fueling can be expensive. Could adding in a new revenue-earning ship section ease the financial pain? Bureau Veritas (BV) has given its Approval in Principle (AiP) to
MOL Ship Management (Singapore) reported today that the car carrier Felicity Ace sank at around 9 a.m. local time, some 200 nautical miles off the Azores. The vessel had been in trouble
Lloyd’s Register (LR) has awarded its Approval in Principle (AiP) to Norwegian ship owner Egil Ulvan Rederi AS for its zero-emission self-discharging hydrogen-fueled bulk carrier, With Orca. As we have reported earlier,
Here’s another indication that ocean shipping, and in particular the nine carriers and three alliances that dominate the global container shipping market, are facing increasing U.S. scrutiny—and could potentially lose their antitrust
As Russia continues its invasion of Ukraine, reports of Russian attacks on merchant ships are growing. Video posted on YouTube shows the Moldovan flagged, bunker vessel Millennial Spirit (IMO7392610) in flames after
Norwegian ship operator Solvang ASA sees on-board carbon capture and storage (CCS) as potentially “the big game changer” in meeting shipping’s decarbonization goals. Currently there is no working technology for shipboard CCS,