Why P&I rate increases are in the works
Shipowners are steeling themselves for steep increases in the cost of P&I (protection & indemnity) insurance. The latest leading P&I mutual to send a signal of what is ahead is the North
Shipowners are steeling themselves for steep increases in the cost of P&I (protection & indemnity) insurance. The latest leading P&I mutual to send a signal of what is ahead is the North
If shipping is to achieve the kinds of getting-to-zero targets being talked about at COP26, converting existing ships to burn new green fuels will be essential. And the sooner those conversions can
The Port of Los Angeles and the Port of Long Beach are to delay consideration of the “Container Dwell Fee,” to be slapped on ocean carriers for boxes lingering too long at
By Noah Silberschmidt, CEO and Founder, Silverstream Technologies Shipping’s clean technology market is growing more complicated in the rush to decarbonize, says Noah Silberschmidt, CEO and Founder of Silverstream Technologies. Proof of
The U.S. Environmental Protection Agency (EPA) has assessed penalties totaling $81,474 against two commercial ships over inspection, monitoring, and reporting violations in California and Louisiana. According to the agency, the 13,052 TEU
Summarizing the latest trends in green technology uptake and fleet renewal from the Clarksons’ Fueling Transition report and monthly data series, Steve Gordon, Clarksons Research managing director, comments that the uptake of
Australia’s Fortescue Metals Group plans to have a vessel operating on green ammonia at sea by next year. The news was announced yesterday in an address at the COP26 Transport Day by
Green corridors – specific trade routes between major port hubs where zero-emission solutions are demonstrated and supported – could help speed shipping’s transition away from fossil fuels. At COP26 yesterday, the concept
A project backed with Japanese government funding aims to develop what will be the he world’s first low-speed, two-stroke hydrogen-fueled marine engine. Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk, Ltd., and Japan
Canada may not be Dubai, but two Federal Maritime Commissioners, Carl Bentzel and Louis E. Sola, have concerns about the planned acquisition of Ports America, the largest marine terminal operator and stevedore