A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute explores the role ship financiers can play in shipping’s transition to zero emission fuels. Using a novel theoretical framework which categorises financiers into five enabling or disabling categories, it finds that most expressed an ambition …
In the ever-evolving landscape of ship financing, the maritime industry has witnessed significant transformations over the past decade, particularly in relation to sustainability and environmentally conscious projects. This shift has been notably driven by the Poseidon Principles banks, the coalition of financial institutions that collectively manage a substantial 70% of the world’s shipping loans. As …
Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, today announced its earnings results for the three months and nine months ended September 30, 2023. Financial Highlights for the Three Months Ended September 30, 2023 •Revenues of $112.5 million •Gross profit of $4.2 million •Loss for the period …
Grindrod Shipping Reports Third Quarter Revenues of $112.5 Million Read More »
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels. Global temperatures are breaching critical levels, …
ABS is working with Edison Chouest Offshore (ECO), a leading offshore support vessel (OSV) operator with nearly 300 vessels, on its decarbonization journey with greenhouse gas inventory and sustainability reporting services. ABS specialists have been working with the ECO team since 2022 providing a gap analysis for the ECO Environmental, Social, and Governance (ESG) report …
ABS Supports Edison Chouest’s Decarbonization Journey with Sustainability Reporting Read More »
The United States on Friday imposed additional sanctions related to the price cap on Russian oil, targeting three entities and three oil tankers as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine. The U.S. Treasury Department accused those targeted on Friday of using Western maritime services …
US imposes fresh sanctions over shipment of Russian oil above price cap Read More »
Asia’s high-sulphur fuel oil (HSFO) market softened on Friday after flipping into premiums in the last session, although sentiment remained positive over hopes of recovery in China’s buying activity. The cash differential for 380-cst HSFO fell to a premium of 20 cents a metric ton from 70 cents a ton a day earlier. Similarly, cash …
TotalEnergies Marine Fuels is proud to announce it has won the Marine Fuels 360 Supply Chain & Logistics Excellence of the Year Award for the establishment of its commercial marine biofuels supply chain in Singapore. The award recognised the swift professionalism and level of safety, quality and operational excellence with which TotalEnergies Marine Fuels built …
Personal de los centros oceanográficos de Canarias, Murcia, Santander y Vigo llevará a cabo actividades de divulgación para acercar la investigación acuícola a la sociedad Los centros oceanográficos de Canarias, Murcia, Santander y Vigo del Instituto Español de Oceanografía (IEO, CSIC) se suman, un año más, a la celebración del Día de la Acuicultura, para …
Analizar el presente y el futuro de los puertos españoles en el ámbito de los puertos inteligentes es el principal objetivo de la I Jornada Cátedra Smart Ports que, con el título de ‘Smart Ports: avances y horizontes’, se celebrará el 13 de diciembre, en la Sala El Grau, Muelle de Costa, del puerto de Castellón. El encuentro, …
