Project cargo carriers are on the verge of a windfall as the growing push to decarbonize creates opportunities to haul materials and equipment needed for billions of dollars in green energy projects, according to an industry expert quoted in a JOC.Com report. That windfall could be driven by as much as $50 billion annually […]
Massive spending anticipated in hydrogen-related projects Read More »
Ocean carriers bringing the greenest ships to the Port of Long Beach can earn the world’s most generous sustainable vessel financial incentives, beginning July 1, 2021, the large U.S. West Coast port announced. The Long Beach Board of Harbor Commissioners recently approved changes centered around incorporating the international Environmental Ship Index (ESI) into the
Port of Long Beach offers world’s biggest green ship incentives Read More »
GASPÉ, QC – Chantier Naval Forillon today announced the delivery of the fifth search and rescue vessel it has built for the Canadian Coast Guard, the CCGS Hare Bay, as part of a major contract, the first having been delivered in 2017. The contract calls for the yard to supply the Coast Guard with
Make it five for the Forillon Shipyard Read More »
PARIS – Ministers of transport from the 63 member countries, including Canada and the United States, of the International Transport Forum at the Paris-based OECD have agreed to use recovery from the Covid-19 pandemic to transform transport. The ministers noted that “the recovery from this pandemic offers new opportunities to reshape transport systems and
OECD countries underline support to “greener” transport solutions Read More »
Hundreds of Chinese boats drop anchor near Ulleung Island in South Korean waters. (September, 2016) OFF THE COAST OF SOUTH KOREA — The battered wooden “ghost boats” drift through the Sea of Japan for months, their only cargo the corpses of starved North Korean fishermen whose bodies have been reduced to skeletons. In 2019,
Chinese illegal fishing plagues Korean waters Read More »
St Catharines, ON – Algoma Central Corporation announced today that it has entered into a contract with Yangzijiang Shipyard in Taicang City, China to build a new Seaway-Max self-unloading vessel for its domestic dry-bulk fleet. The as-yet unnamed vessel will be the first of the new Equinox 2.0 Class, a design that builds on
Algoma orders first new Equinox 2.O Class vessel Read More »
An impact study by BIMCO and several key stakeholders to identify the commercial and contractual implications of impending International Maritime Organization (IMO) carbon regulations has highlighted a raft of contractual challenges. BIMCO’s documentary experts have begun preparing charter party clauses to assist owners and charterers comply with the new regime. Charter parties that extend
BIMCO faces carbon challenge with new charter party clauses Read More »
By Leo Ryan, Editor As an event bringing together government and industry representatives to engage in dialogue on how to map the future, the first Assises Québécoises du Secteur Maritime, held today in the virtual format due to the global pandemic, was clearly a big success. After being kicked off via a video message
Big success of the first-ever ‘Assises’ devoted to Québec Maritime Sector Read More »
Eco Marine Power announced that it has recently received Approval in Principle (AiP) from ClassNK of Japan (Nippon Kaiji Kyokai) for its Renewable Energy System for Ships – “Aquarius Marine Renewable Energy with EnergySail”. The Japanese company considers this is a significant step towards the realization of a zero-emission power and propulsion solution for
ClassNK delivers AiP for the Aquarius Marine Renewable Energy solution Read More »
Stolt Tankers and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping signed a Partnership Agreement that formalizes their joint working. With this agreement, Stolt Tankers become an official partner to the Center, committing to long-term collaboration around the development of zero carbon solutions for the maritime industry. Through this partnership the two organizations commit