CMB.TECH NV [NYSE: CMBT] and Golden Ocean Group Limited [NASDAQ: GOGL] are set to merge, creating one of the largest diversified listed maritime groups in the world with a combined fleet of
The International Labor Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting of the Subcommittee on Wages of Seafarers of ILO’s Joint Maritime Commission
The IMO (International Maritime Organization) 2023 strategy on the reduction of GHG emissions from ships calls for shipping to reach net-zero GHG emissions by or around, i.e. close to, 2050. “The IMO
Container shipping firm Hapag-Lloyd published its new annual report yesterday, March 20. According to the report, a slight increase in the operating result was achieved in 2024 while lower results are expected
UPDATE: In a statement released yesterday, Crowley said that third-party salvage experts with SMIT Salvage have boarded the Stena Immaculate for assessment. “The salvage process is ongoing and will take time to
How much closer are we to IMO GHG reduction regulations that include putting a price on ships’ GHG emissions? Following a week of discussions by an IMO working group, Guy Platten, secretary
“New nuclear technology is a global decarbonization solution and a commercial shipping disruptor. There is no net zero by 2050 without nuclear.” That was the view from ABS chairman and CEO Christopher
With the Hong Kong Convention (HKC) on ship recycling set to take effect this year, shipowners looking to scrap old tonnage will need to ensure compliance with stricter regulatory controls and inspection
By Taisuke Inui, CEO, MarFlex Driven by regulatory pressure and the pursuit of more efficient, sustainable operations, the maritime industry is rapidly evolving. From alternative fuels to vessel propulsion, technological advancements are
The Round Table of International Shipping Organizations is increasingly concerned about a rise in the unjust treatment and criminalization of seafarers. The chairpersons of the Round Table’s four member organizations — BIMCO,
