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ABS chairman underlines importance of shipowner decarbonization strategy

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

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UN Secretary General castigates shipping industry progress on decarbonization

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

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IMB reports sharp decrease in piracy incidents

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

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ABS and Kongsberg join forces to power maritime digitalization and decarbonisation

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

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Maersk invests in Vertoro to develop green lignin marine fuels

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

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Proposed U.S. high-level Arctic diplomatic position

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

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