Described at the time as the “biggest change in oil market history,” the International Maritime Organization (IMO) enforced new standards on Jan. 1, 2020, to cut their fuel sulfur content to 0.5%, down from 3.5%. […]
The Tutor, a Greek-owned kamsarmax, has become the second constructive total loss from the seven-month campaign by the Houthis to disrupt merchant shipping in the Middle East. The vessel sustained damage and water ingress in […]
Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward […]
A Greek-owned bulker was hit by multiple attacks by the Houthi while sailing south in the Red Sea bound for India earlier today. The vessel is reporting that it is “not under command,” awaiting assistance […]
A new report from The Sea Cargo Charter (SCC) revealed the sector fell short of the minimum international climate goals set by the IMO by an average of 17% in 2023, equivalent to 165m metric […]
The Houthis have displayed greater sophistication in their attacks on merchant shipping this week, hitting targets both by sea and air for the first time, causing severe concern for seafarers tasked with heading towards the […]
A trio of Japanese companies has teamed up to commercialise rigid sails as a new energy-saving device for shipping. Hiroshima-based shipbuilder Tsuneishi Shipbuilding, in partnership with Mitsui E&S Shipbuilding and Akishima Laboratories, will be developing […]
The prospect of a strike this autumn by dockworkers along the US east and Gulf coasts has leapt with news that the International Longshoremen’s Association (ILA) has halted negotiations with employers, citing concerns over APM […]
Three ships caught on fire after being hit by projectiles off Yemen over the weekend. An Antigua-flagged general cargo ship called Noorderney was struck by a missile 83 nautical miles southeast of Aden and caught […]
The US witnessed an increase in solar panel manufacturing capacity during the first quarter of 2024, according to a report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. An 11GW of new solar […]
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