US$14b in Projected Profits for 2020
Forecasts for the liner industry estimate $14b in profit this year, marking a massive turnaround from projections in April, following...
Hydrogen Partnership Formed in Japan
Utility Kansai Electric Power, energy firm Iwatani, shipbuilder Namura Shipbuilding, the state-owned Development Bank of Japan and the Tokyo University...
Lloyd’s Leads Rotor Sail Partnership
Lloyd’s Register is partnering with rotor sail producer Anemoi Marine Technologies and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop...
Debate around Ban on Scrubbers Continues
The International Council on Clean Transportation (ICCT) has released a report urging the IMO to phase out all scrubbers - previously a...
Alternative Fuels Comprise over 25% of Ordered Vessels
A snapshot of ships both trading today and under construction which do not use bunker fuel has been provided by...
Solomon Trader Payout Still Awaited
Up to US$40m in economic loss and damage has been estimated by the Solomon Islands government from the Solomon Trader’s incident running aground...
MV Rosali Sinks in Vanuatu Waters
The sinking of the MV Rosali offshore of Ambae, Vanuatu serves as another example of the need for improved safety...
Protests Heat Up as IMO MEPC Meeting Commences
Both protestors and representatives from Pacific Island Countries have been vocally demanding international representatives reject the watered down emissions reduction proposal being put forward...
Ramifications of Biden/Harris Administration in United States turn towards Shipping
As the IMO MEPC meetings take place this week, the U.S. holds one of 10 powerful ‘Category A’ seats...
Domestic Shipping Costs Mount in Fiji
In a clear example of the need for strengthened, low emission/cost inter-island shipping, the Fijian Competition and Consumer Commission (FCCC) has...
Odfjell Sets Decarbonization Targets
Odfjell, a Norwegian ship owner, has pledged to reduce its carbon intensity by 50% by 2030 (compared to 2008 levels) and...
Progress Marked in Pacific Blue Shipping Partnership Meetings
Co-chaired by the Republic of the Marshall Islands (RMI) and the Fijian Government, the Pacific Blue Shipping Partnership (PBSP) held...