USMMA Sea Year program set to resume
The U.S. Department of Transportation (DOT) and the Maritime Administration (MARAD) are planning to resume the Sea Year program at the U.S. Merchant Marine Academy, Kings Point, N.Y. The program was paused
shipping
Ammonia-fueled shipping project gets Norwegian government funding
Viridis Bulk Carriers—a joint venture between Navigare Logistics, Amon Maritime and Mosvolds Rederi—and its consortium partners in an ambitious ammonia-fueled shipping project have been awarded NOK !3.75 (about $1.53 million) in Norwegian
OP-ED: The “now” and “then” of shipping’s decarbonization journey
By Managing Director Brian Coyne, KPI OceanConnect A succession of industry initiatives, such as the COP26 “Shaping the Future of Shipping” Conference, demonstrate the shipping industry’s decarbonization ambitions and commitment, however, it
Roboship offers a path forward for Japanese coastal shipping
Tokyo-based e5 Lab Inc. and Mitsubishi Shipbuilding Co. Ltd. are to provide a “Roboship” design for a 499-tonne biomass fuel carrier being built by Honda Heavy Industries Co. Ltd. They say the
Op-Ed: Standardizing green finance for decarbonization investment
By Tuomas Riski, CEO, Norsepower The Global Maritime Fund’s Poseidon Principles has a huge number of signatories, which, together, have issued over $1.2 billion in sustainable maritime ship financing in 2020. Even
Legislation to reform ocean shipping passes House
As frustration with port delays and supply chain disruption grows, so does dissatisfaction with the nine carriers and three alliances that dominate the global container shipping market. Yesterday, the House of Representatives
VIDEO: Maersk rethinks the containership
Maersk has taken the wraps off the design of its eight 16,000 TEU methanol-fueled containership newbuilds. And the decision to opt for methanol is just the start of the innovations they incorporate.
BIMCO develops “game-changing” shipping carbon emissions clauses
In the wake of COP26, the pressure is on for the International Maritime Organization to up its greenhouse gas reduction ambitions even further. Meantime, from January 1, 2023, IMO’s current revised initial
Maritime Partners acquires J. Russell Flowers 1,000+ vessels
Maritime Partners LLC, through its managed funds, has acquired from J. Russell Flowers Inc. and its affiliates (JRF), a diversified portfolio of over 1,000 marine vessels operating on bareboat charter. JRF’s fleet
Upper Mississippi River navigation season comes to an end
The St. Paul Engineer District locked the last tow to depart St. Paul, Minn., November 23—ending the 2021 navigation season on the Upper Mississippi River. Marquette Transportation‘s M/V Jonathan Erickson, pushing five