One of the world’s largest owner-operators within the Supramax / Ultramax dry bulk segment, Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE), has become a signatory to the Sea Cargo Charter.
As part of this year’s “Decarbonizing Shipping” initiative run by venture developer Rainmaking Innovation Limited, mobile satellite communications leader Inmarsat. Inmarsat, has fast-tracked two start-ups to Certified Application Provider (CAP) status. The
EQT Infrastructure, part of Swedish private equity firm EQT, has reached an agreement to acquire Denmark’s largest passenger ferry operator, Molslinjen, from a group of shareholders led by Copenhagen-headquartered Polaris Private Equity.
Nuclear power could be in commercial maritime’s future, not its past. Even as MARAD continues the long-running decommissioning of the world’s first nuclear merchant ship, the NS Savannah, London-based Core Power (UK)
Agribusiness giant Cargill, one of the world’s top charterers of ships, is continuing to put its considerable weight behind efforts to decarbonize shipping. In its latest move in this direction it has
An International Maritime Organization working group that met virtually last week has produced a proposed package of additional CO2 reduction measures for the existing global shipping fleet. The draft text will now
One of the world’s largest ship charterers, responsible for more than 4,000 voyages a year, is proposing that the International Maritime Organization introduce a carbon levy of between $250 and $300 per
While DNV GL’s most recent Maritime Forecast to 2050 sees a relatively limited uptake of hydrogen as a ship fuel, a report from Shell released yesterday sees things somewhat differently. The report,
The just-released fourth edition of DNV GL’s Maritime Forecast to 2050 identifies fuel choice as the essential decision facing shipping as it charts a path to decarbonization. And while there are many
In a World Maritime Day message today, International Maritime Organization Secretary-General Kitack Lim said that IMO’s theme for 2020, “Sustainable shipping for a sustainable planet,” couldn’t be more relevant now and for