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Technology group Wärtsilä is implementing a fleet operations solution catered to the sensitive Arctic waters for the shuttle tankers of Russia’s shipping firm Sovcomflot.

In a sign of the times the Connecticut Maritime Association’s annual conference this week the fuel-related sessions were not relegated a rabbit warren of meeting rooms at the back but instead took centre stage in the Grand Ballroom.

Teekay, one of the world’s largest marine energy transportation, storage and production companies, has signed up to the Ship Recycling Transparency Initiative (SRTI).

Leading accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 providing it fulfils its ESG (environmental, social and governance) responsibilities.

Digitalisation, now permeating all aspects of shipping, was central to almost every discussion and panel over Shipping Insight’s three-day span at its 2018 conference in Stamford, Connecticut in US last week.

The Maritime and Port Authority of Singapore (MPA) has introduced a new incentive that will see qualifying Singapore-listed maritime firms benefiting from a maximum of SGD50,000 ($37,000) to help with the production of a ‘Sustainability Report’.

The membership of the Sustainable Shipping Initiative (SSI), including Lloyd’s Register and Maersk Line, have signed shared commitments to set clear sustainability targets for their businesses by end 2014.



A report by the Global Ocean Commission (GOC) calling for better environmental protection regulation “merits serious consideration” according to the ICS.

NYK has seen an 18.1% reduction in its CO2 emissions per unit of cargo in FY2013, well exceeding the target it set itself in 2008 for a 10% reduction by 2013.

The Sustainable Shipping Initiative (SSI) has highlighted its progress in four work streams aimed at improving shipping sustainability, covering finance, technology uptake, material management and ratings schemes.