The International Chamber of Shipping (ICS) Chairman Emanuele Grimaldi met with Mr Feng Bo, the Executive Vice President of COSCO Shipping, who received the ICS delegation on behalf of China Shipowners’ Association (CSA), to pave the way forward for a closer working relationship between the ICS and China. On Monday 3 April, Emanuele Grimaldi met […]
Leaders in innovation, the ship management arm of the Columbia Group, Columbia Shipmanagement (CSM), is conducting a trial of the new Starlink satellite internet service on a number of vessels. The Starlink service, provided by a constellation of low-earth orbit (LEO) satellites operated by SpaceX, is designed to deliver reliable and high-speed internet connectivity to […]
Leading maritime sustainability specialist Grow Sustainability Consulting has welcomed the new EU ‘Fit for 55’ initiative which has been developed to ensure shipping meets the industry’s decarbonisation targets. The company praised the move by the European Commission to put forward a package of legislative proposals to revise and update EU legislations to align with the […]
Drydocks World, a DP World Company, has announced the successful completion of a major refurbishment and conversion project for the floating production storage and offloading vessel (FPSO) Firenze, which is set to be redeployed off Côte d’Ivoire in West Africa. The fast-tracked project was carried out within 15 months for Saipem S.p.A, the multinational oilfield […]
The dangerous practice of ship-to-ship transfers in the open ocean, as well as the methods used to obscure ship identities and turning off AIS transponders, were discussed by the Legal Committee of the International Maritime Organization (IMO) at its latest meeting at end March. The Committee considered a document submitted to the session which raised […]
Onyx Power plans to build a hydrogen production plant at its existing site in the port of Rotterdam to produce low carbon blue hydrogen. With a capacity of 1,200 MW the plant could produce some 300 kiloton per annum blue hydrogen, to decarbonize industry and meet national decarbonisation targets. The CO2 produced while making the […]
Terminal and logistics operator PSA Italy announced today the launch of its Stuttgart Express rail service, which will connect PSA Genova Pra’ terminal with Stuttgart in Southern Germany twice weekly. To run for the first time on May 4th 2023, the service will provide a fast, reliable, cost effective and sustainable alternative to transporting containers […]
For the first quarter ended 31st March 2023, OOCL”s total revenues decreased by 57.8% to USD 2,175.5 million, as compared to the same period in 2022. Total liftings decreased by 3.2% but the loadable capacity increased slightly by 0.7%. Overall load factor was 3.3% lower than the same period in 2022. Overall average revenue per […]
Under the ‘Zero-Emission Accelerating Ship Finance’ programme jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, the Japanese class society evaluated the LNG dual-fuelled chemical tanker FAIRCHEM PIONEER jointly developed by Fukuoka Shipbuilding and Fairfield Japan Ltd. (FJL), currently under construction for charter to FJL. Fukuoka Shipbuilding, which has shipbuilding yards in Fukuoka […]
