The Institute for Human Rights and Business (IHRB) and the Sustainable Shipping Initiative (SSI), published "The Delivering on Seafarers’ Rights 2023 Progress Report", which presents how the situation has changed in the past twelve months and how the Code of Conduct has assisted companies in their due diligence work.

A consortium of four Scottish renewable and maritime companies have been awarded a UK Government Department for Transport grant of over £535,000 to develop an innovative UK-first approach that will use clean, green hydrogen energy to reduce carbon emissions from vessels when berthed in port.

Chiyoda Corporation, Nippon Yusen Kabushiki Kaisha (NYK), and its affiliate Knutsen NYK Carbon Carriers AS (KNCC) have conducted a joint study to quantitatively evaluate and verify the feasibility of the CCUS (carbon capture, utilization, and storage) value chain.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines last year’s fall in real estate investments in China and how the liquidation of Evergrande could affect the dry bulk market. 

The Britannia P&I Club issued a circular which describes the arrangements which have been made, in order to provide a special cover for war and terrorism risks and cover in respect of biological and bio-chemical weapons for the 2024 policy year. 

Britannia Club emphasizes the indispensable role of cranes in shipboard activities, facilitating efficient cargo handling and supporting diverse maritime functions.

Two incidents of piracy and armed robbery against ships (one CAT 1 and one CAT 4) in Asia were reported to ReCAAP ISC, between 23rd and 29th January 2024. 

The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honored, Xeneta highlights. 

On 28th January, a bulk carrier ship named "EN MAY" collided with a support pillar of a crucial road bridge linking Buenos Aires with Argentina's northern Entre Rios province.

Companies engaged in trading commodities like iron ore and grain are resorting to legal threats and contract modifications to influence shipowners to opt for the Suez Canal route, despite its increased danger, in exchange for cost savings and quicker transit times.