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Fourteen countries propose tougher climate goal for shipping at COP26 summit

Fourteen countries, led by Denmark and including the United States, have supported a goal to achieve zero emission shipping by 2050. Announced Monday on the sidelines of the UN COP26 climate summit in Glasgow, the maritime sector declaration seeks to develop momentum for a major objective of the International Maritime Organization (IMO). New emission-reducing measures

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Ocean Group wins Best Practices award

Ocean Group was named the recipient of the RH-Meilleures pratiques presented at the Fidéides evening of the Chambre de commerce et d’industrie de Québec (CCIQ). The Fidéides evening, held on October 27, is a recognized event in the business community of the Québec and Chaudière-Appalaches regions. It rewards companies that have distinguished themselves during the year by their business performance and the

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On our Forum

The shipping industry needs to set ambitious targets to help prevent global climate catastrophe, the International Transport Workers’ Federation (ITF) cautions in a new position paper launched today. There are currently more than 50,000 cargo ships on the world’s oceans, the majority of which run on low-grade, heavy ‘bunker’ fuel. Together, the ships emit as

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New emission-free propulsion system for commercial vessels from Torqeedo and Italdraghe

Gilching, Germany – Torqeedo and Italdraghe today announced the joint development of an outboard, retractable electric propulsion system for commercial vessels in inland and urban waterways. The system combines Torqeedo’s Deep Blue high-voltage electric power system and Italdraghe’s proven and extensively field-tested steerable azimuth thrusters. It is designed to provide emission-free power and directional thrust ideal

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K Line looks to artificial intelligence to keep ship machinery operational

Kawasaki Kisen Kaisha, Ltd. (“K” Line) and compatriot Kawasaki Heavy Industries, Ltd. (KHI) as well as Preferred Networks announced that they have concluded a co-development contract for “AI (Artificial Intelligence)-based Marine Machinery Operation Support System that is expected to be part of the core technology to achieve autonomous vessel operation in the future. The system

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New Maritime Magazine now online

This autumn issue of Maritime Magazine (#102) has exceptional content as the global economy unevenly pursues post-pandemic recovery. Our annual feature on North Atlantic trade contains a revelation: Germany is showing signs of overtaking BREXIT-struck UK as Canada’s leading merchandise trading partner in Europe, a development that few would have ever dared predict! The special

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Cosco Shipping increases ownership stake in Greece’s Port of Piraeus

Dalian, China — State-owned Cosco Shipping, has boosted its stake in Greece’s largest port from 51% to 67%. This reinforces its control over an important link in China’s Belt and Road initiative. “The company aims to help the port of Piraeus strengthen its position as a major port in the Mediterranean and become an important

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