News
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Quadrise and MSC partner on trials of low carbon fuels
POC tests and subsequent operational trials will be conducted with bioMSAR and MSAR fuels on MSC-owned commercial container ships. Quadrise has entered a framework agreement with MSC Mediterranean Shipping Company’s 100% subsidiary, MSC Shipmanagement Limited of Cyprus, for the testing of lower-carbon fuels on one or more container vessels. As part…
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The Back to Blue team participated in the 2022 Ocean Conference in Portugal
The Back to Blue team participated in the 2022 Ocean Conference in Portugal, a global event putting ocean sustainability on the radar of policymakers and businesses. The conference was a chance for us to test our findings from The Invisible Wave, a research initiative of Back to Blue conducted by…
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Smart Green Shipping announces £5m investment into FastRig wing sail technology
A three-year project backed by the Scottish Government and industry will develop and test fully automated, emission-reduction sail technology that can be retrofitted to merchant ships A collaborative three-year R&D project brings together major industry players including Malin, Drax, Peel Ports, and Lloyd’s Register The wind technology project will deliver…
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Xeneta container rates alert: long-term shipping rates finally peak, but now stand 112% up year-on-year
Oslo, Norway – Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing – and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI®), which crowd-sources real-time data from…
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Fairline 46 ModelPhantom Designed by Bernard Olesinski
Designed by Bernard Olesinski and the Fairline design team, this Fairline Phantom 46 Flybridge motor yacht, is a fine example of a 46-footer offering 3 cabins layout. Maintained in very good condition, she is powered by Volvo Penta 2 X 480HP Justin Olesinski has become the second naval architect known…
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Europe is seeing a hiring boom in ship industry fintech roles
Some parts of the world are investing more heavily in fintech roles than others. Europe was the fastest growing region for fintech hiring among ship industry companies in the three months ending May. The number of roles in Europe made up 27.8% of total fintech jobs – up from 9.9%…
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Visual Capitalist : Visualizing the World’s Largest Container Shipping Companies
Did you know that 80% of the global goods trade is transported over the sea? Given the scale of human consumption, this requires an enormous number of shipping containers, as well as ships to carry them. At an industry level, container shipping is dominated by several very large firms. This…
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NYK and Shin-Nippon Kaiyosha Start Japan’s First 100% Biofuel Supply Trial for Ships
Nippon Yusen Kabushiki Kaisha (hereinafter, NYK) and NYK Group company Shin-Nippon Kaiyosha Corporation (hereinafter, Shin-Nippon Kaiyosha) have started test navigation using Neste Renewable Diesel (hereinafter, NesteRD) supplied by Itochu Enex Co. Ltd. (hereinafter, Itochu Enex) in tugboats operated by Shin-Nippon Kaiyosha. This is the first case in Japan of a…
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