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While shipping has, and is, responding to environmental challenges, the industry also needs to turn its attention to social governance
Qatar’s vision of a diversified economy combined with environmental protection will form the backdrop to the most significant maritime event to be held in the Gulf state for many years.
The move will require owners of ships that are worth more than $100m to buy higher value cover on their first layer of war risk insurance
‘The risk of explosion increases by the day, and if that were to happen, not only would it damage or sink any ships in the vicinity, but it would create an environmental crisis roughly four and a half times the size of the Exxon Valdez oil spill,’ the report says
BV’s commitment to a maritime energy transition coalition is just one of the partnerships the class society has joined as it seeks to advise shipowner clients on the decisions they have to make.
The US and EU states have backed Ukraine’s previous appeals, but the IMO says the dispute belongs elsewhere
The crew of a Greek-owned tanker have been released after being held hostage for three weeks in the west of Africa
As a result of the recent Phase One trade agreement between Washington and Beijing, the Long Beach port supremo expects that ‘more markets’ will open up as China eases tariffs on US goods. Farm and energy exports in particular can expect an increase in volumes
Both the state conglomerate’s boxship and tanker units see net profits jump sharply in 2019 compared to the previous year
Incidents have been increasing in the area, with three boardings in the Singapore Strait in January so far
Dismal final quarter leads to first decline in full-year eastbound transpacific volumes since 2009
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