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The second event in the ZESTAs ShipZERO series is just one week away!
ShipZERO brings together change-makers and innovators from across the entire maritime value chain, from shipowners and manufacturers to financiers and regulators. At ShipZERO26.5, we will examine unmitigatedly disruptive projects and collaboration tools, demonstrating concrete examples that will propel us to True Zero. With world-leading innovators and industry leaders convening in…
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Reuters : Russia says two Ukrainian ports ready to ship grain
Russia says that two major Ukrainian ports on the Sea of Azov seized by Russian forces were ready to resume grain shipments, but the Kremlin said Kyiv still needed to demine the approaches to its ports for exports to take place. Reuters reported Russia has seized large parts of Ukraine’s…
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Lebanon urges US envoy to end maritime dispute with Israel
The Lebanese government invited a U.S. envoy mediating between Lebanon and Israel over their disputed maritime border to return to Beirut as soon as possible to work out an agreement amid rising tensions along the border. The invitation for Amos Hochstein, a senior adviser for energy security at the U.S.…
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Eyes are heading toward the floating palace Alba largest yacht in the world
Alba, those who own the most luxurious mansions on land carry this penchant for palaces to the high seas as well. This is what Lürssen did when it was commissioned by the late President of the United Arab Emirates, Sheikh Khalifa bin Zayed, to build this floating palace, which is…
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Type of boat would you choose to sail around the world
The unique format of the Global Solo Challenge opens to the opportunity of sailing around the world in an organized event on a wide range of boats, with the little limitation imposed by the rules. Up until now, a single-handed race around the world, non-stop and without assistance, by the…
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Optiwise HORIZON Project launches with the aim to holistically improve design control of commercial ships
MARIN, joined by the consortium outlined below, has successfully initiated the project Optiwise, an EU-funded research and innovation project aiming to improve and demonstrate energy savings using wind propulsion and hydrodynamic improvements in propulsion. Objectives The EU call requested solutions for energy savings of at least 10% for single measures…
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World Bank : Stagflation Risk Rises Amid Sharp Slowdown in Growth PDF
Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown in global growth. One key risk to the outlook is the possibility of high global inflation accompanied by tepid growth, reminiscent of the stagflation of the 1970s. World Bank reported…
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ABS, Daewoo Shipbuilding and Marine Engineering and GasLog Agree to Develop Carbon Capture Onboard Technology
Pioneering JDP to Lead Development of Sustainable Shipping Technology (ATHENS) ABS, Daewoo Shipbuilding and Marine Engineering (DSME), and GasLog are joining forces to lead the development of carbon-neutral shipping. The three companies have committed to working together to develop an onboard CO2 capture and storage system (OCCS) by signing a…
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Mitsubishi secures AiP for LCO₂ carriers’ spherical cargo tank system
Mitsubishi’s spherical cargo tank system is anticipated to improve the economic performance of LCO₂ carriers. French classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to Mitsubishi Shipbuilding for a spherical cargo tank system, designed to serve liquefied CO₂ (LCO₂) carriers. These carriers are used for the shipment…
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