Algoma Central Corporation (TSX: ALC), St. Catharines, Ontario, reports that NovaAlgoma is acquiring three cement carriers from KGJ Cement in Northern Europe and two handy-size bulk carriers from Swire Bulk Holdings Pte.
ZeroNorth AS, the software spin-off from Maersk Tankers in which agribusiness giant Cargill is an investor, says that last year its platform prevented 218,000 tonnes of CO2 from being emitted into the
Getting the new green fuels, such as e-methanol, that shipping needs to meet its climate ambitions will depend on the roll out of power-to-X facilities that can produce those fuels at scale,
As Russian aggression in Ukraine continues, more organizations are continuing to cease providing services to Russian-controlled entities. Today, classification society Lloyd’s Register (LR) said it is disengaging from provision of all services
Helen Polychronopoulou, president of HEMEXPO (Hellenic Marine Equipment Manufacturers & Exporters) gave Marine Log some insight into how the Greek shipping industry, primarily the Greek marine manufacturing sector, is addressing sustainability. HEMEXPO
The International Chamber of Shipping (ICS) has launched its inaugural Maritime Diversity and Inclusion Charter. The launch has been made in conjunction with ICS’s International Women’s Day campaign #ThisIsWhataSeafarerLooksLike, celebrating and showcasing
Niels Rasmussen, chief shipping analyst at BIMCO, is warning that the negative impacts of Russia’s actions in Ukraine will have consequences for all sectors of shipping. Though much uncertainty remains, the immediate
Norwegian ship operator Solvang ASA sees on-board carbon capture and storage (CCS) as potentially “the big game changer” in meeting shipping’s decarbonization goals. Currently there is no working technology for shipboard CCS,
The U.S. Treasury’s Office of Foreign Asset Controls (OFAC) has issued an extensive list of Russian entities and individuals subject to economic sanctions imposed in response to Russian actions in Ukraine. Among
Back in November, the White House sent a clear signal that the nine carriers and three alliances that dominate the global container shipping market were going to face increasing U.S. scrutiny. At