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The IMO, which met in London this week to discuss how the shipping industry can continue to decarbonize, has agreed that a mandatory goal-setting approach is the best way to reduce carbon emissions in the short-term. Full details of the approach will be discussed next year. States and NGOs discussed the details and the complexities of the […]

Geneva, Switzerland – MSC Mediterranean Shipping Company officially announced today that former Maersk COO Soren Toft will join as Chief Executive Officer for container shipping and logistics. MSC said in a statement that it is delighted that Mr. Toft will be supporting the Aponte family at the helm to ensure that the company remains a

Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution. The first complete hydrogen fuelled prospect has been put together by Ulstein Design & Solutions BV and Nedstack fuel cell technology BV with the intent of reducing the environmental footprint of offshore projects. The ULSTEIN SX190

VICTORIA – BC Ferries has awarded Damen Shipyards Group of the Netherlands contracts to build four more battery electric-hybrid Island Class vessels scheduled to go into service in 2022. In the spring of 2017, BC Ferries awarded Damen contracts to build two “first in class” of these battery electric-hybrid vessels. These vessels have successfully completed

French carrier CMA CGM today became the third global shipping line to announce a low-sulfur charge effective December 1 for cargo moving on short-term contracts of up to three months. It joins Maersk Line and Hapag-Lloyd who sent similar “Environmental fuel fee” notifications last week to cover an increase in fuel-related costs determined by the

The latest Seafarers Happiness Index report has shown a marked improvement in happiness levels amongst seafarers across all sectors of the industry Undertaken by The Mission to Seafarers and supported by leading P&I insurer the Shipowners’ Club, the index is a gauge for measuring the feelings and experiences of seafarers across the global maritime industry. Conducted every

A United Nations agency has warned that a “new normal” has taken hold in world maritime trade, characterized by moderate growth, protectionist-impacted trade flows, and an accelerated sustainability agenda. World maritime trade lost momentum in 2018 as heightened uncertainty, escalating tariff tensions between the US and China and mounting concerns over other trade policy and

Washington, DC – Nike and Ocean Conservancy, a non-profit environmental advocacy group based in Washington, have launched the Arctic Shipping Corporate Pledge, inviting businesses and industry to join them in the commitment to not ship through the Arctic Ocean routes. The Arctic Shipping Corporate Pledge invites companies to commit to not intentionally send ships through this fragile