As development of nuclear reactors for shipping continues, an opportunity arises on the world stage for a leader in regulation for nuclear commercial vessels.
Maritime wind propulsion has moved from a concept to actual sail installation aboard an estimated 60 vessels, and some of these projects were in focus at CMA Shipping.
NorthStandard P&I and Orca AI, which has developed a digital situational awareness platform called SeaPod, have set up an exclusive partnership in which the Club will encourage its members to adopt the Orca AI technology.
Nuclear power as a potential alternative fuel for shipping has gathered considerable attention, however, it does also have many safety, regulatory and business model hurdles to overcome.
Union Maritime, a UK headquartered vessel operator has ordered two LR2 tankers from the Shanghai Waigaoqiao Shipbuilding (SWS) yard in China, with three WindWings sails on each vessel.
Bergen-based chemical tanker company, Odfjell Tankers, is continuing its take-up of MarineLine, a tank protection product from Ohio-based Advanced Polymer Coatings (APC), with three more vessels due to dock in China in the weeks ahead.
Euronav and CMB Chief Executive, Alexander Saverys, has taken aim at Wall Street financial community unimpressed by their plans to transform the listed tanker company into an innovator of alternative fuels.
As another round of critical discussions on shipping regulation get underway at the IMO, environmental organisations have called for action on fuel standards, an emissions levy, and CII improvements.
Shipbroker Braemar has reported a 46% increase in its container charter market index, Boxi, as carriers scramble to deploy tonnage on the diverted Asia to Europe trades which are now navigating around the Cape of Good Hope.
