lithium-iron battery paper

Insurers release white paper on lithium-ion battery transportation risks

A number of recent ship fires have underscored the continuing safety threat created by the transportation of lithium-ion batteries. Now insurance providers TT Club and UK P&I Club (both Thomas Miller managed

Royal Caribbean logo on ship

Royal Caribbean reports a “better than expected” quarter

Cruise giant Royal Caribbean Group (NYSE: RCL) today reported third quarter results that it says were “better than expected and above guidance for the quarter mainly due to higher load factors from

Maersk CEO Søren Skou

Maersk: Record results, but “dark clouds” warning

Container shipping and logistics giant A.P. Moller – Maersk (Maersk) today again reported record results, but analysts seemed to be more focused on CEO Søren Skou’s cautionary words about dark clouds on

Black Sea Grain initiative cargp inspection

Ukraine grain shipments set to resume

Shipments of grain from Ukraine were set to resume today under Turkish and UN supervision, despite an announcement on Saturday from the Russian Foreign Ministry that Moscow was suspending the implementation of

World Energy Outlook presentation

World Energy Outlook paints scenarios with major implications for shipping

The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system,

Singapore mega merger crane shot

Singapore mega merger could be completed by year’s end

The proposed merger of Singapore’s Sembcorp Marine and Keppel O&M is being put on a faster track. The original plan, which would have seen the creation of a combined entity, has been

ammonia ready VLCC

VIDEO: Capital takes delivery of ammonia/LNG ready VLCC

Evangelos Marinakis led Capital Ship Management Corp. has take delivery of the Liberian-flagged M/T Alterego, the second of two ammonia-ready and LNG- fuel ready sister VLCCs. Built by the Hyundai Samho Heavy

Fund and reward

ICS calls for global CO2 reduction fund to reward green fuel first users

The International Chamber of Shipping (ICS), which represents 80% of the world’s merchant fleet, has submitted a proposal to IMO calling for a “fund and reward” system to accelerate the maritime sector’s

One Big Beautiful Bill

Mayorkas faces Congressional ire over Jones Act waivers

The bipartisan leaders of two key House panels have written Secretary of Homeland Security Alejandro Mayorkas expressing their concern over his approvals of recent Jones Act waivers. The letter, which concludes with

Keystone Shipping has chartered in a third AMSC Jones Act tankers

Keystone charters third AMSC Jones Act tanker

AMSC ASA reports that it has entered into a bareboat charter for one of its Jones Act tankers with Philadelphia-headquartered Keystone Shipping Company. The contract commences in December 2022 and has a

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