Tag: sm

It is currently estimated that operators will be faced with an additional $11 billion fuel bill related to the switchover to low-sulphur fuel oil (LSFO) next year, according to the latest container market outlook of Drewry. Moreover, there is still no clear guidance on just how much additional cost it will cause on the industry and the recent oil-price spikes due to the drone attacks on Saudi oil facilities further complicate the scenario.

The US Coast Guard Marine Safety Center issued the 22nd USCG Ballast Water Management System Type Approval Certificate to Hyundai Heavy Industries Co., Ltd., after a detailed review of the manufacturer’s type approval application determined the system met the requirements of 46 CFR 162.060.

ABS launched the 'Shuttle Tanker Advisory' report, explaining what the shuttle tankers are, where do they operate, the challenges that they could face in different regions, their design, other machinery equipment, while also focuses on safety and human factors.

Autonomous shipping is making headlines in recent years for its promising potential advantages in the complex maritime environment. A Finnish collaboration, established in 2016, seeks to pave the way for autonomous shipping as early as 2025, validating Nordic countries as the front-runners in the field of automation. 

Chevron Corporation has established new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. The company aims to cut upstream oil net GHG emission intensity by 5-10% and upstream natural gas net GHG emission intensity by 2-5% from 2016 to 2023. 

K Line, Japan’s shipping major, has jointly agreed with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology and Marubeni Corporation to work on the research and analysis of maritime logistics and shipping market conditions using artificial intelligence (AI).

The Phoenix Reisen river cruise ship Prinzessin Isabella collided with an unidentified Panama-flagged cargo ship in Tulcea waters, Romania, Danube, in the early morning of Saturday, 5 October. The cargo vessel which was proceeding upstream en route to Galati, severely damaged the cruise ship with 165 passengers on board and was sailing downstream to Tulcea at the time of the collision.

The maritime industry in New Zealand is committed to working to empower women in the industry. For this reason, Maritime NZ Board commemorated this year’s World Maritime Day “Empowering women in the maritime community.”

The IMO's GHG targets for 2030 and 2050 may seem unachievable, but Dr Elizabeth Lindstad, Chief Scientist, Energy and Transport, at SINTEF, Norway, believes that a substantial reduction is achievable, even with today’s existing technologies.

The World LPG Association (WLPGA) issued a Guide for LPG Marine Fuel Supply, which is dedicated to the use of LPG in the marine sector and its benefits. The report,  presents an overview of key LPG bunkering developments and how this potential infrastructure relates to major global shipping routes.