News

HOUSTON – Such is the scale of industry disruption from decarbonization that a decarbonization strategy likely is now the best business strategy for shipowners. That was the message for the industry from Christopher J. Wiernicki, ABS Chairman, President, and CEO in a keynote speech to open North American Shipping Week. He also stressed that governments

UN Secretary General Antonio Guterres has issued blunt words on the shipping industry’s progress on decarbonisation and has urged the International Maritime Organization to establish more “ambitious and credible targets.” Addressing the UN Global Sustainable Transport Conference in Beijing, he declared: “Let’s be honest. While member states have made some initial steps through the International

The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of any year since 1994. IMB’s latest global piracy report recorded 97 incidents of piracy and armed robbery for the first nine months of 2021 – the lowest level of reported incidents

Houston – Two of the maritime industry’s most advanced digital service providers have joined forces through the product integration of Kongsberg Digital’s Vessel Insight and the ABS My Digital Fleet™ platform. The alliance brings together data acquisition capabilities from Kongsberg Digital and ABS’ business intelligence capabilities to offer shipowners, ship managers and charterers seamless access

 Following the successful installation of the Norsepower Rotor Sail on the hybrid ferry M/V Copenhagen in 2020, and a year of demonstrated results, Scandlines has prepared the sister ferry M/V Berlin for its own Rotor Sail installation.  When Scandlines decided to install a Rotor Sail on the hybrid ferry M/V Copenhagen in 2019, the decision

Maersk Growth, the corporate venture arm of A.P. Moller – Maersk, invests in Vertoro – a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. Copenhagen, Denmark, and Geleen, Netherlands – Maersk’s investment will be used to further develop and commercialise Vertoro’s patented liquid lignin technology, and it

New legislation introduced to the U.S. Senate would create a new diplomatic position for the Arctic at the Department of State, the ArcticToday daily newsletter reported. The bill would establish the Assistant Secretary of State for Arctic Affairs, in order to centralize U.S. Arctic leadership from the agency. Unlike other Arctic nations, the United States

Abu Dhabi, UAE – A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds. Renewable fuels should contribute at least 70% of