Sailing towards sustainability: Navigating maritime risks through ESG norms

Ms Smitha Shetty, Regional Director for APAC at Achilles Information Ltd.

Navigating the challenges of underwater radiated noise: A win-win for emissions and ocean health

The maritime industry’s push toward decarbonisation brings an unexpected benefit: the reduction of underwater radiated noise (URN). While the sector focuses intensively on emissions reduction and fuel efficiency, these same measures are quietly contributing to a healthier acoustic environment in our oceans. For ship owners and operators already investing in green technologies, addressing URN can

BW LNG secures e-procurement deal with Procureship for global LNG fleet

Procureship, provider of the world’s leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to

INTERCARGO expresses concern over RightShip’s decision to reduce age limit

INTERCARGO members have voiced deep concerns regarding RightShip’s recent decision to reduce the age limit of bulk carriers eligible for vetting inspections, as discussed during the Association’s Executive Committee meeting held in London on 15th October. This decision was made without prior consultation with the owners and managers of bulk carriers, the very stakeholders who

Maritime industry favours methanol-powered vessels in 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the containership sector solidifying the sector’s momentum toward

Maritime industry’s clean energy transition challenge

The volume of maritime trade is projected to triple by 2050 as demand increases. However, the reliance on carbon-emitting fuel to power shipping vessels creates a significant environmental toll with maritime shipping contributing to about 3% of total global greenhouse gas emissions. This environmental cost highlights the urgency of mitigating emissions and achieving full decarbonization

Blue ammonia expected to be available for maritime industry by 2027

Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The report titled ‘Will CO2 storage limit blue fuel availability for

Global maritime trade costs may increase with zero-emission fuels

Over 80 per cent of global trade by volume and 70 per cent by value, transported via ships, would be notably affected by these cost changes. Small island developing states (SIDs) and least developed countries (LDCs), heavily dependent on imports and exports and distanced from major trade routes, are prone to increased transport costs.

CMA CGM and MPA to collaborate on decarbonisation in maritime industry

The CMA CGM Group (CMA CGM) and the Maritime and Port Authority of Singapore (MPA) have signed agreement to promote decarbonisation, digitalisation, and innovation across the maritime industry. Both the companies have said that they will explore the use of zero and low-carbon marine fuels including e-methanol, e-methane, and biofuels for commercial shipping. The deal

UK maritime industry leaders discuss ABS advances in technology

ABS brought together UK maritime industry leaders to discuss the latest advances in sustainability and digital classification. The UK National Committee Meeting heard how the ABS-classed fleet had grown to 279 million gross tons and secured the number one position in global orderbook share. They were given a glimpse of the future of classification, with