Tag: sustainability

The King Abdullah University of Science and Technology (KAUST) and the Saudi Red Sea Authority (SRSA) have signed a Memorandum of Understanding (MoU) to collaborate on biodiversity sustainability, marine environment protection, and assessing the impact of coastal tourism on the Red Sea.

Wallem Group has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices across its ship management, ship agency and crewing businesses.

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) is set to become a transformative force in the global maritime industry, highlights Rohith Agarwal, Managing Partner at GUIDESHIP CONSULTING SERVICES LLP.

Thai authorities are working urgently to prevent around 100 shipping containers allegedly containing hazardous industrial waste from Albania from reaching the country, Bloomberg reports.

The findings of the HyPNoS (Hydrodynamic Propeller Noise Monitoring System) research project indicate that significant reductions in Underwater Radiated Noise (URN) are achievable through enhanced propeller design and real-time monitoring systems.

BIMCO has released a Best Practice Guide aimed at helping shipowners reduce their single-use plastic (SUP) footprint by installing advanced drinking water systems onboard.

Sjoerd de Jager, CEO & Co-Founder of PortXchange, stated that through research, innovative products, and sustainable practices, the maritime industry will become more environmentally responsible and sustainable.

Gunvor Singapore Pte. Ltd., a wholly-owned subsidiary of Gunvor Group, has closed a US $1.2 billion sustainability-linked, syndicated revolving credit facility. 

Regulation is a key driver when it comes to decarbonising the shipping industry and data is integral to upholding that regulation, writes Helen Barden, Senior Solicitor – External Affairs, NorthStandard.

Mitsui O.S.K. Lines, Ltd announced that as part of the MOL Group's environmental strategy, its group company MOL Chemical Tankers Pte. Ltd. signed Japan's first sustainability-linked lease agreement with Tokyo Century Corporation for the chemical tanker BONITA ANA.