Record draft at Port of Felixstowe

The Mumbai Maersk has set a new record for the deepest draft vessel to call at Hutchison Ports Port of Felixstowe. The 20,568 TEU capacity ship arrived on 11 November from Bremerhaven with a draft of 16.8 metres and sailed 24 hours later with a draft of 17.0 metres. The record was set just four […]

High-income countries must reach net zero way before 2050 says latest DNV report

According to DNV’s Pathway to Net Zero Emissions report, published ahead of the COP28 climate summit, limiting global warming to 1.5°C remains a possibility – but is highly improbable. Drastic measures, and permanent cuts in emissions are necessary to reach net zero in 2050. Every region needs to do more and act faster, says the […]

LR awards Type Approval to BeHydro for hydrogen dual-fuel engine

Lloyd’s Register (LR) has awarded Type Approval to ‘BeHydro’, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC), for its hydrogen-powered dual-fuel engine. It is the first Type Approval for a dual-fuel hydrogen engine. The new engine, which has a capacity of up to 2.7 megawatts (MW), offers shipowners the potential to reduce CO2 […]

Baltic Exchange welcomes Jin Yu Cheong as new head of Baltic Asia

The Baltic Exchange is pleased to announce that Jin Yu Cheong has been named the new head of Baltic Exchange Asia out of Singapore, replacing Su Ling Lu following nearly five years in the role. Jin joins the Baltic Exchange from SGX where he held the position of Director of Commodity Derivatives for the past […]

International Windship Association and Micronesian Center for Sustainable Transport establish Pacific Wind Propulsion Hub

The Micronesian Center for Sustainable Transport (MCST) and the International Windship Association (IWSA) have signed a Memorandum of Understanding (MoU) to jointly mobilise regional and international resources and collaborate on actions to support the use of wind propulsion technology to reduce Greenhouse Gas (GHG) emissions from ships in the Pacific region through the establishment of […]

Recognise that sales terms may have crucial safety implications warns TT Club

The intricacies of responsibilities during the transfer of goods internationally are standardly defined by the INCOTERMS that may govern the sale and purchase of the goods. This has a crucial bearing on who has responsibility for certain risks relating to the cargo in transit. TT Club indicates that a substantial 65% of cargo damage claims […]

ABS Chairman and CEO appointed Visiting Professor at National University of Singapore

An innovative program from Seatrium to promote the energy transition and develop next-generation skills in Singapore has selected Christopher J. Wiernicki, ABS Chairman and CEO, to be its first Visiting Professor. Seatrium Professorships at the National University of Singapore College of Design and Engineering (NUS CDE) seek to attract top talents from the energy transition […]

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