News
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ONE announces signing of Ship Building Contracts for Ten Very Large Container Ships
Booking acceptance to and from Odesa, Ukraine, and Novorossiysk, Russia, is to be suspended with immediate effect until further notice. Ocean Network Express Pte. Ltd. has signed shipbuilding contracts with both Hyundai Heavy Industries Co. Ltd. and Nihon Shipyard Co., Ltd. to construct 5 vessels each, adding a total of…
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Lloyd’s Register and partners launch green corridor cluster
A diverse group of organizations will work together to accelerate the maritime decarbonization push. Lloyd’s Register (LR) Maritime Decarbonisation Hub and its partners have formed ‘The Silk Alliance’ for the development of a Green Corridor Cluster. This green corridor project will start with intra-Asia container trade. The hub is collaborating…
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Leaders of Greek Shipping Join Greece’s Leading Class to Discuss ABS Advances in Technology, Sustainability and the Future of Classification
(ATHENS) ABS, the largest Class in Greek shipping, brought together the leaders of the industry to discuss the latest advances in sustainability and digital classification. Shipowners, ship managers, charterers, and brokers at the ABS Hellenic National Committee Meeting heard how the ABS-classed fleet had grown to 279 million gross tons…
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S&P Global : Japan targets more renewables in power sector heavily reliant on fossil fuels
Japan’s power generation sector totals about 250 GW of operating capacity, with about half fueled by natural gas or coal, according to S&P Global Market Intelligence data. Nuclear resources make up about 10% of the country’s generating capacity. Prior to the Fukushima disaster in 2011, when an earthquake and subsequent…
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Middle East Container Ports Are the Most Efficient in the World
World Bank and S&P Global Market Intelligence container port performance index shows ports in the Middle East and East Asia responded best to the heavy volume growth and service volatility caused by the impacts of the global pandemic Saudi Arabia’s King Abdullah Port tops the ranking in 2021, with regional…
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World Bank : Global Carbon Pricing Generates Record $84 Billion in Revenue
Global carbon pricing revenues increased by 60% over last year, according to the latest World Bank report WASHINGTON,—Global carbon pricing revenue in 2021 increased by almost 60 percent from 2020 levels to around $84 billion, providing an important source of funds to help support a sustainable economic recovery, finance broader…
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CARNIVAL cruise ship funnel fire, Grand Turk VIDEO
Cruise ship CARNIVAL FREEDOM suffered funnel fire early in the morning on May 26 while being berthed at Grand Turk, Turks, and Caicos, Caribbean. Nobody was injured though as a precaution, passengers were mustered at safety stations and had to put on life jackets. The crew extinguished the fire by…
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Enauta’s FPSO Atlanta to be Operated to ABS Class
ABS Maintains FPSO Class Leadership in Brazil (DUBAI) The FPSO Atlanta, contracted by Enauta to Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class. The Atlanta, which is being converted in Dubai Drydocks World, including structural upgrades, refurbishment, and enhancement of equipment, will…
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CONTAINER DWELL fees are on hold through today MAY 27.
San Pedro Bay Ports Continue to Monitor Cargo Flow The San Pedro Bay ports of Los Angeles and Long Beach will once again delay consideration of the “Container Dwell Fee” for another week, this time until May 27. Since the program was announced on Oct. 25, the two ports have…
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Valenciaport receives international recognition for its commitments and investments in environmental sustainability
The Port Authority of Valencia (PAV) has received an award at the World Sustainability Awards, the “port Oscars” in environmental matters, granted by the International Association of Ports and Harbors (IAPH), for the PASSport project which aims to improve the protection in European ports The initiative pays particular attention to…
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