Author name: admin

Consolidation key to tankers meeting climate goals: International Seaways CEO

Consolidation and partnerships between companies will be crucial for the tanker sector to keep abreast of the energy transition, said Lois Zabrocky, president and CEO of tanker firm International Seaways June 16. The sector is under pressure from a cocktail of challenges, including not just an uncertain future for propulsion but also more immediate problems …

Consolidation key to tankers meeting climate goals: International Seaways CEO Read More »

Braemar Shipping Services PLC Update on the sale of Wavespec

Braemar (LSE: BMS), a leading international provider of shipbroking, financial advisory, risk management and logistics services, notes certain speculation that the purchaser of the Wavespec business, which Braemar disposed of in March 2021, has not fulfilled certain contractual obligations , with the result that Wavespec is unlikely to be able to continue to operate. If …

Braemar Shipping Services PLC Update on the sale of Wavespec Read More »

Further shipping GHG emission reduction measures adopted

International Maritime Organization (IMO) adopts key mandatory measures to reduce ships’ carbon intensity; establishes ship rating system. New mandatory measures to cut the carbon intensity of international shipping have been adopted by the International Maritime Organization (IMO), setting shipping on a course to meet greenhouse gas reduction targets established in the 2018 Initial IMO Strategy …

Further shipping GHG emission reduction measures adopted Read More »

Aiming at Net Zero GHG Emissions by 2050 – Introducing ‘MOL Group Environmental Vision 2.1’

Mitsui O.S.K. Lines, Ltd. announced yesterday the establishment of “MOL Group Environmental Vision 2.1” as a guide to achieve net zero GHG emissions by 2050 and realizing a sustainable society. MOL strives to reduce greenhouse gas (GHG) emissions generated by its business activities and by society at large, and is working closely with leading companies …

Aiming at Net Zero GHG Emissions by 2050 – Introducing ‘MOL Group Environmental Vision 2.1’ Read More »

ClassNK expands scope of Innovation Endorsement

Leading Classification Society ClassNK has expanded the scope of its Innovation Endorsement, the third-party certification service tailored to innovative technologies and initiatives. Through third-party certification, ClassNK supports innovations related to environment, safety, and labor as well as the existing service for digital. Following the update of Innovation Endorsement policy, the society has revised its “Guidelines …

ClassNK expands scope of Innovation Endorsement Read More »

SafeSTS and Trelleborg pool expertise, bring increased choice to the Pneumatic Fender market

SafeSTS Transfer Technology Limited (SafeTTL), a specialist provider of market-leading hardware and software solutions, which facilitate the secure transfer of oil and derivatives between vessels, has been appointed as a UK distributor of Trelleborg’s pneumatic fenders. This development is a logical extension of SafeSTS’ core activity as a globally-recognised pioneer in the provision of ship-to-ship …

SafeSTS and Trelleborg pool expertise, bring increased choice to the Pneumatic Fender market Read More »

China introduces facilitation measures for shipping, freight companies

China’s National Immigration Administration has rolled out 16 new measures for shipping and freight companies as part of efforts to further optimize the business environment at ports. The measures are mainly aimed at streamlining administrative procedures for foreign cargo vessels, and Chinese freight vehicles and drivers frequently crossing land borders, the administration said Friday, pledging …

China introduces facilitation measures for shipping, freight companies Read More »

Scroll to Top