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,
While Donald Trump’s talk of taking back the Panama Canal has been keeping Secretary of State Marco Rubio busy, tonnage through the waterway has recently been falling, says BIMCO. “Between September 2024
Tugboat, towboat, and barge operators should be paying close attention to changes to the Jones Act because it directly impacts their operations, competitiveness, and long-term viability. To dig more into this, Sabrina
The highly anticipated Marine Log TTB (Tugs, Towboats & Barges) 2025 Conference will return to Mobile, Ala., on March 25-26, bringing together industry leaders to discuss the latest developments and challenges in
Newport, R.I.-based Pangaea Logistics Solutions Ltd. [Nasdaq: PANL] reports that it has completed its previously announced combination of its existing dry-bulk fleet with 15 handy-size dry bulk vessels owned by privately-held Strategic