New ICS guide launched to help owners and operators navigate EEXI and CII

The International Chamber of Shipping (ICS) has published the industry’s first definitive guide to the IMO GHG regulations, helping decision makers to chart their way through the major technical and operational changes they face in achieving the CO2 reduction targets for 2030 agreed by the IMO. Reducing Greenhouse Gas Emissions: A Guide to IMO Regulatory […]

ZeroNorth’s new Vessel Optimisation service delivers immediate emission reductions

Technology company ZeroNorth has today announced the launch of its new Vessel Optimisation service, which will simplify the process of identifying inefficient vessels within a fleet in real-time for ship owners and operators. The Vessel Optimisation service focuses on two of the industry’s most important performance challenges: hull fouling and auxiliary boiler consumption, ensuring vessels […]

Korean Register to support development of methanol bunkering in Ulsan

International classification society Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fuelled ships and establish the South Korean port as a low-carbon, eco-friendly energy hub. Methanol is a clean burning marine fuel which produces 99% less sulphur oxides (SOx), 80% less nitrogen oxides (NOx) and 25% less greenhouse gases […]

Report underscores importance of pilots and training to accelerate safe maritime decarbonisation

The Maritime Technologies Forum (MTF), a grouping of flag states and class societies designed to bridge the gap between technical and regulatory developments, has released a comprehensive assessment to compare the feasibility and readiness of alternative marine fuels. The assessment applied MTF’s Framework for Asssessing Decarbonization Technologies and Alternative Energy Carriers to fossil MGO, fossil […]

Bureau Veritas to certify major commercial floating wind project in Korea

Bureau Veritas in partnership with the Korean Register (KR), has been appointed to lead the project certification of Bada Energy’s Gray Whale 3, a major floating offshore wind farm project in Ulsan, Republic of Korea, that will be a key component of the country’s renewable energy strategy. Gray Whale 3 floating offshore wind farm is […]

Standard Club remains focused on sustainable underwriting in 2023

The Standard Club’s continued strategy of attracting carefully selected tonnage, whilst maintaining underwriting discipline, has seen it achieve a combined ratio of 97% for the policy year 22/23 (as of August 2022). However, with a key driver for the forecast result being an unexplained drop in large P&I claims across the International Group, the club […]