Biofuel production limitations may impact industry uptake: DNV
LIMITATIONS to biofuel production capacity may hinder uptake in the shipping industry, a report from DNV has found. DNV’s new whitepaper Biofuels in shipping suggests biofuels can...
Ammonia release mitigation system receives AiP
DNV has issued an approval in principle for Wärtsilä Ammonia Release Mitigation Systems (WARMS), a new system from the technology company. The system is designed to mitigate the...
A collaborative approach to decarbonising shipping emerges
THE FOURTH edition of the Mapping of Zero-Emission Pilots and Demonstration Projects report has identified increased activity among industry to innovate and find collaborative...
Publication outlines updates to the ILO MLC
THE INTERNATIONAL Chamber of Shipping has published a detailed overview of new amendments to the International Labour Organization Maritime Labour Convention. This is the fourth...
Baltic Exchange weekly report
THE BALTIC Dry Index fell off a cliff last week, winding up at 919 on Friday (2 June). The index has plummeted 44% since a recent high of 1640 on 10 May. The BDI fell 18% just...
World Container Index drops slightly
DREWRY’S composite World Container Index decreased by 0.2% to US$1682.10 per 40-foot container this week. Compared with the same week last year, however, the index dropped by...
NPDL US service to expand trans-Tasman opportunities
NEPTUNE Pacific Direct Line is launching a liner service to the South Pacific from the US west coast, opening transhipment opportunities to Australia. NPDL said the new WCUSA...
Air cargo capacity passes pre-Covid levels in April
GLOBAL air cargo capacity has surpassed pre-Covid levels for the first time in three years, data from the International Air Transport Association shows. The latest monthly data...
Container Port Performance Index shows some improvement at Aussie ports
PERFORMANCE at Australian container ports mostly improved last year, according to the third edition of the global Container Port Performance Index (CPPI). The CPPI is a data-based...
A-UKFTA comes into force
THE AUSTRALIA-UK Free Trade Agreement is now in force. The Australian government says the agreement will drive increased trade and economic growth, with tariffs removed on over...
ClassNK gives maritime cybersecurity service the all-clear
CLASSNK has endorsed Inmarsat’s Fleet Secure Endpoint, a cybersecurity service for ships. The classification society issued a certification under satisfaction that the product...
BIMCO calls for uptake of ship recycling convention
BIMCO is calling for “urgent adoption” of the Hong Kong International Convention for the safe and Environmentally Sound Recycling of Ships, and for ship owners to be more...
DP World reports global 5% emissions cut in 2022
DP World claims to have cut direct carbon emissions from its global operations by 5% last year. The 2022 ESG report from DP World, published on Thursday, also indicates the...
ICS calls for better direction toward net zero
THE INTERNATIONAL Chamber of Shipping has proposed amendments to the MARPOL convention to implement a global fuel standard. Amendments to annex VI are among several proposals the...
BIMCO elects new president
SHIPPING association BIMCO has appointed Nikolaus Schües as its new president. Mr Schües is the owner and CEO of German shipping company Reederei F. Laeisz. He was elected during...
