A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption in October that seeks to cut marine fuel emissions, adding complications to the draft accord after U.S. opposition. Global shipping accounts for nearly 3% of the world’s carbon emissions, and the …
Top shipping players want overhaul of UN ship fuel emissions deal Read More »
“Fire in container!” Not words a shipowner or insurers want to hear from a vessel at sea. The risk of container ship fires is, however, a problem that is not going away. We have seen a number of salient, recent examples of fires and explosions posing threats to vessels, their crew, their cargo and the …
Seeking safe refuge Read More »
The Club has seen a recent spate of pollution incidents involving the discharge of grey water within territorial waters which fall outside of what is permitted by the local port state authority under national legislation. These incidents have resulted in detentions and fines from Port State Control. Grey water is defined as wastewater originating from …
Grey Water Regulation: A Growing Environmental Compliance Challenge Read More »
Mitsui O.S.K. Lines, Ltd. announced the successful completion of biodiesel-blended marine fuel (biofuel) bunkering in Singapore on September 14 on the MOL-owned capsize bulk carrier, Lambert Maru, which serves global mining company, Anglo American (Head Office: London, UK). Lambert Maru’s voyage is now underway, powered by biofuel-a viable alternative to fossil fuels. This voyage represents …
“When we pool data, we don’t lose our competitive edge — we sharpen the industry’s collective resilience,” was the key message from The Swedish Club’s Thomas Nordberg during LISW25 The industry must work together more if it is to succeed in these increasingly unstable times where geopolitical shocks can reroute trade in days he said. …
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed, through a limited partnership, a Memorandum of Agreement to sell to an unaffiliated third party, the 2016-built Ultramax dry bulk vessel m/v DSI Drammen, with delivery to the buyer latest by …
NYK showcased its stable energy supply through LNG transportation, initiatives and technological innovations aimed at realizing a sustainable society at Gastech 2025, the world’s largest energy-focused exhibition, held in Milan, Italy, from September 9 to 12. On September 11, NYK Executive Officer Tsutomu Yokoyama delivered a presentation on the company’s efforts to utilize ammonia as …
NYK Shares Initiatives for Achieving Decarbonization with the World at Gastech 2025 Read More »
Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operations)
UKMTO Weekly Piracy Report 13 – 19 September 2025 Read More »
With crude oil flows patterns still very much fluid, tanker market participants are closely monitoring oil demand and supply fundamentals. In a recent weekly report, shipbroker Xclusiv said that “Russian seaborne crude exports in August reached 3.40 million b/d, inching higher from July’s 3.35 million b/d but remaining below the 3.5–3.6 million b/d levels seen …
Tanker Market: Is an Oil Supply Glut on the Cards? Read More »
“As of end August 2025, 534 container ships are on order which will be able to use alternative fuels upon delivery. These represent 53% of ships on order and 77% of the TEU,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. In addition to these alternatively-fuelled ships, the order book also includes 321 ships that …
More than 500 alternatively-fuelled container ships now on order Read More »
