Tag: future of shipping

Korean Register (KR) has signed a Memorandum of Understanding (MOU) with Microsoft Korea on 28 March to collaborate on digital transformation and enhance their technological capabilities, with the aim of leading the digital transformation of the shipbuilding and maritime industry by leveraging fourth industrial revolution technologies

The period of 2020 to 2022 saw a historical spike in container freight rates. At its peak, the Shanghai Comprehensive Container Freight Rate Index was five times higher than the pre-covid average. Container ship earnings surged even more, to almost nine times the pre-covid average, explains Mr. Jan Hoffmann, Head, Trade Logistics at UNCTAD.

Ammonia, hydrogen, ethane and Dimethyl Ether (DME) are among the “alternative” marine fuels which may need future regulatory work, IMO said following a recent assessment which is the result of a regulatory mapping exercise conducted by Low Carbon GIA, with inputs and contributions from the International Chamber of Shipping (ICS).  

In an exclusive interview to SAFETY4SEA, Mr. Fan Qiang, Vice President of China Classification Society (CCS), refers to key priorities of the CCS agenda for a more sustainable future of shipping.

In an exclusive interview to SAFETY4SEA, Susanne Justesen who is leading the Human Sustainability team in the Global Maritime Forum, explains why industry needs to focus on human sustainability to move forward.  

Today, container ships at all of California’s major ports use shore power, thanks to technology developed at the Port of Long Beach.

The geopolitical uncertainty brought by the Ukrainian war, the continuous disruption post-COVID, and the escalation of climate change effects have pushed business leaders to put a greater focus on their sustainability agendas, according to the 12th UN Global Compact-Accenture CEO Study.

While nuclear power has the potential to offer a decarbonization alternative for shipping, the technical, economic, and regulatory challenges associated with its use have limited its widespread adoption.

Martha Selwyn who is currently Manager at the United Nations Global Compact and leads work on the social-climate nexus with the Maritime Just Transition Task Force, explains why this initiative represents an unprecedented international collaboration, creating a framework underpinned by social dialogue and stakeholder engagement.

Anita Gajadhar, Proman’s Managing Director Marketing, Logistics and Shipping urges for a level playing field for alternative fuels through global alignment of regulations and incentives.