Tag: shipping industry

DNV, in its latest white paper “Biofuels in shipping" has reported that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonization while maintaining operational efficiency. However, current limitations in production capacity, may impact short-term supply and create stiff competition with other sectors.

To minimize the high cost of pure car, truck carriers' (PCTCs) rates, Renault Korea will be transporting vehicles to Europe in 40-foot containers.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of the supply/demand balance, liner operators have been able to keep rates higher than pre-pandemic levels.

Daewoo Shipbuilding & Marine Engineering (DSME), South Korea's second-largest shipbuilder, is rebranded as Hanwha Ocean, dropping the nearly 50-year-old Daewoo name following Hanwha Group's takeover.

In this week’s BIMCO Shipping Number of the Week, Niels Rasmussen, Chief Shipping Analyst, examines an expected spike in the number of ships that will be recycled over the next 10 years, partly due to the shipping industry facing tighter Greenhouse Gas emissions regulation.  

Liquid Wind published a White Paper on the economic implications of e-fuel Well-to-Wake (WTW) emissions, concluding that eMethanol is the best alternative to fossil fuels.

GTT announced last week the creation of a new brand, Ascenz Marorka, which results from the collaboration of its two subsidiaries in the digitalization of the maritime industry: Ascenz, a Singaporean company in Electronic Fuel Management, and Marorka, an Icelandic company in vessel performance management.

Daniel Saunders, Christina Howard and Mark Tooke of Watson Farley & Williams examine the findings of The Sustainability Imperative Part 2, an investigation into the impact of environmental, social and governance (ESG) considerations on the shipping industry.

European Community Shipowners' Associations (ECSA) welcomes EU’s proposed Net-Zero Industry Act and highlights that it needs to properly recognize the strategic role of shipping for Europe’s security.

According to International Labour Organization (ILO), countries need to improve the working conditions and earnings of key workers – who were essential during the COVID-19 crisis – to fully reflect their contribution to society and their importance in the daily functioning of economies.