SHIPPINGInsight ended its three-day conference facing the benefits of innovation, along with the reality of…
Decade of Decisions
Suez Canal Authority slashes Ever Given compensation claims by $300m
2021-05-10– The Suez Canal Authority has slashed its Ever Given compensation claims by nearly a third. The Egyptian body is now seeking $600m. . . READ MORE


Green bonds and loans exceed the value of fossil financing
2021-05-20- Green bonds and loans from the worldwide banking sector have exceeded the value of fossil financing so far this year for the first time since records began. . . READ MORE


Sabrina Chao becomes president of BIMCO
2021-05-21- Sabrina Chao from Hong Kong’s Wah Kwong Maritime Transport Holdings has taken over from Şadan Kaptanoğlu, managing director. . . READ MORE


Volume of ship orders at highest levels seen since 2014
2021-05-24- Ship orders in the year to date are at the highest volumes seen since 2014 despite many owners having severe reservations about future propulsion. . . READ MORE


Regulatory purgatory is heaven for rates
2021-04-29- The waiting for confirmation of the next stage of environmental regulations has put an incredible clamp on ordering new ships. . . READ MORE


GLOBAL: TRAFIGURA CLOSES ITS FIRST SUSTAINABILITY-LINKED CAPITAL MARKETS TRANSACTION
2021-04-28- Commodity trader Trafigura has closed a new $203.5 million US Private Placement – which was its first sustainability-linked capital markets transaction and also. . . READ MORE
Source: BUNKERSPOT
Source: BUNKERSPOT
BW Group: Andreas Sohmen-Pao on the characteristics tomorrow’s shipowner must possess
2021-04-28- With the accelerating pace of change, businesses have a lot of things to consider. Few have been so proactive to ensure they’re in charge of their own destiny as BW. . . READ MORE


How 100 Giant Companies Dominate the Ocean Economy
2021-04-25- One hundred companies control 60 percent of the ocean economy. Can they work with policymakers, scientists and civil society. . . READ MORE


The winners of 2021 GREEN4SEA Awards announced
2021-04-21-SAFETY4SEA announced the winners of the 2021 GREEN4SEA Virtual Awards on April 21st, recognizing industry’s outstanding practices for Sustainability, Clean Shipping, Initiative, Technology, Tanker Operator, Dry Bulk Operator and Personality. . . READ MORE


White House Nominates USCG’s First Female Four-Star Admiral
2021-04-21- The White House has nominated Vice Adm. Linda L. Fagan to be the next Vice Commandant of the U.S. Coast Guard, marking the first time that a woman. . . READ MORE


Euronav seals $95m green financing deal
2021-04-12- Belgian tanker giant Euronav has inked a deal for a €80m ($95m) unsecured sustainability linked revolving credit facility, taking its overall. . . READ MORE


U-Ming secures its First Sustainability-Linked Loan
2021-04-13- U-Ming Marine Transport Corporation (“U-Ming”) (TSEC code: 2606), Taiwan’s largest publicly listed bulk carrier company, has secured its first. . . READ MORE
Source: SHIP MANAGEMENT INTERNATIONAL
Source: SHIP MANAGEMENT INTERNATIONAL
First Carbon-Offset Condensate Shipment Leads to New Carbon Business
2021-03-15- The use of carbon offsetting is increasingly catching on in segments of the maritime and fuel industries as companies look to enhance their environmental positioning. . . READ MORE


GLOBAL: KPMG REPORT FOCUSES ON GREEN SHIPPING
2021-03-18- The new study looks at the current regulatory framework for shipping in terms of emissions reduction and also considers the importance. . . READ MORES
Source: BUNKERSPOT
Source: BUNKERSPOT
Clarksons predicts seaborne trade volumes will surpass 2019 levels this year
2021-03-08– While conceding that major uncertainties remain, Clarkson Research Services is projecting global seaborne trade estimates for full year. . . READ MORE


GLOBAL: NEW WFW REPORT LOOKS AT IMPACT OF ESG ON SHIPPING AND FINANCE
2021-02-24– A report from law firm Watson Farley & Williams says that reducing shipping’s carbon footprint tops the list of the industry’s key. . . READ MORE
Source: BUNKERSPOT
Source: BUNKERSPOT
What’s in store in the Year of the Ox?
2021-02-11– On February 12, we will put the Year of the Rat behind us. In what is probably the most widely celebrated festival on the planet, the incoming Year of the Ox will. . . READ MORE


With Oil Past Peak, Shell Sharpens 2050 Zero Emissions Goal
2021-02-11 – Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition. . . READ MORE


Hapag-Lloyd Joins Shipping Industry Move to Green Financing
2021-02-08– Hapag-Lloyd has become the latest company in the shipping industry to turn to “green financing,” for its future growth. . . READ MORE


ESG: Can shipping step up to the plate?
2021-01-13– Investors are increasingly piling the pressure on companies to meet tough environmental, social and governance (ESG) standards. . . READ MORE
Source: ship.energy
Source: ship.energy
Korean yards rank number one in new orders for 2020
2021-01-19- Korean shipbuilders won orders of 8.19m compensate gross tonnage (cgt) for 187 vessels in 2020, taking up 43% of the world’s total of 19.24 cgt on 738 vessels, according to data from Clarkson Research. . . READ MORE
Source: Seatrade Maritime News
Source: Seatrade Maritime News
Shipbuilding orderbook falls to 31-year low against existing fleet
2021-01-08 – In a review of 2020 Clarksons Research managing director Steven Gordon noted the volume of newbuildings orders was down 29% last year with 53.9m dwt. . . READ MORE
Source: Seatrade Maritime News
Source: Seatrade Maritime News