Latest News for: Shipping industry

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Savannah set to be testbed for green ammonia bunkering

Splash24/7 31 Mar 2023
American Bureau of Shipping, A.P ... To achieve this we need huge amounts of green fuel for our ships. For now, green methanol is the only pathway that is certain to have material impact in this decade, and we are happy to see the momentum that is building in the shipping industry on this pathway.
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Critically endangered right whales are losing the battle against fishing boats

Popular Science 31 Mar 2023
NOAA of the changes to be about $46 million, with more than a third affecting the shipping industry ... In an email from Wagner, NOAA Fisheries told Undark “we engage our partners, including the fishing and shipping industries, as we develop regulations and management plans” and pointed to the public comment period.
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Realtimecampaign.Com Discusses Some Of The Benefits Of Shipping Container Offices

MENA FN 31 Mar 2023
(MENAFN - GetNews) The transportation industry has long relied on shipping containers to move goods over long distances safely. In recent years, various industries have begun repurposing older, ... .
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Rush for diabetes and weight-loss drug Ozempic puts cross-border sales in spotlight

Castanet 31 Mar 2023
"From a business point of view, (pharmaceutical companies) can't allow Canadians to be shipping products intended for Canadian patients across the border to Americans and undermining the American price, which is the foundation of revenues in the industry … so ...
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The inexorable potential for rise in dry bulk exports from Africa

Splash24/7 31 Mar 2023
Pappu Sastry from Arise Shipping & Logistics gives readers insights into the fast changing dry bulk scene in Africa ... This is primarily to address the dry bulk logistics, port management and shipping industries and the potential each of it has for growth in Africa.
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Nor-Shipping Launches Ocean Campus in Partnership With WMU

The Maritime Executive 30 Mar 2023
Nor-Shipping is a ... All of the rich insight and connections we gather at Nor-Shipping will provide valuable input to the further development of our academic and professional programmes, along with our research portfolio, all of which ultimately benefit the shipping industry.”.
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2023 GREEN4SEA Athens Forum: How industry navigates the complex legislative landscape towards decarbonization

SAFETY4SEA 30 Mar 2023
Tom Evensen, Regional Category Manager Hull Performance – WESCA, Jotun, highlighted that the shipping industry strives for optimum hull performance, driven by the never-ending need for performance improvement, reduced emissions and reduced the risk of transfer of aquatic invasive species.
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NGO Shipbreaking Platform urges companies to sell container ships for scrapping

SAFETY4SEA 30 Mar 2023
As explained, several container shipping companies have already been in the spotlight due to the poor management of their end-of-life vessels ... Progressive companies and recycling businesses are looking at the EU Ship Recycling Regulation as the only responsible standard regulating this industry.
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Norsepower Secures €28M Investment to Expand Rotor Sail Production

The Maritime Executive 30 Mar 2023
On a mission to decarbonise the shipping industry, Norsepower is committed to harnessing the power of the wind for large ships ... We are thrilled to support Norsepower in their journey to empower the shipping industry towards reaching the goal of zero carbon emissions, and together play an active role in the environmental transition.”.
photo: AP / Michael Dwyer, File
FILE - The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, Tuesday, March 21, 2023, in Boston.
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Are there really any limits to artificial intelligence in shipping?

Splash24/7 30 Mar 2023
I read an interesting argument this week in context of usability of artificial intelligence (AI) in the business of shipping ... What is needed is to “teach” model the language of shipping using the database of a shipping company and augment the internal training data with external data sets for industry business terms.
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Big boost to Indian navy: MoD inks acquisition worth Rs 19,600 crore for next-generation offshore patrol and missile vessels  

Financial Express 30 Mar 2023
“The delivery of the ships is scheduled to commence in September 2026,” the MoD said.Also Read ... “The construction of these ships will generate employment of 110 lakh man-days over a period of seven and half years,” MoD said ... The delivery of ships is scheduled to commence in March 2027 ... Can the private industry deliver?.
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Groups push full maritime digitization

The Manila Times 30 Mar 2023
They said digitalization will have a big impact on service efficiency, cutting bureaucratic red tape, and reducing the cost of doing business in the ports, logistics, and shipping industries ... – Modernization/upgrade/expansion of the domestic and overseas shipping industry including local shipbuilding and ship repair industry.
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New Freight Market Study: Wasted Space and Damaged Freight Overshadowed Favorable Conditions for Businesses in 2022

Eagle-Tribune 30 Mar 2023
The cost of shipping air, compounded with substantial fees, damage, and shipment delays tied to the freight industry’s traditional shipping methods — truckload (TL), partial truckload (PTL), and less-than-truckload (LTL). "Today’s $7 trillion supply-chain industry works backwards," said Oren Zaslansky, founder and CEO of Flock Freight.
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System to Prevent Boxship Parametric Rolling Receives AiP from LR

The Maritime Executive 30 Mar 2023
A new software system, developed as part of a joint project between shipbuilding Hyundai Heavy Industries, Eastern Pacific Shipping, and Lloyd’s Register, has received critical approval in the effort to prevent excessive rolls for containerships that lead to stack collapses and overboard losses.
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Dozens Dead and Hundreds Rescued as Search Efforts Continue After Philippine Ferry Fire: What to Know About the Disaster

Time 30 Mar 2023
The ship is currently moored in Baluk-Baluk ... Sea transport in the Philippines is plagued by several issues—from dangerous weather to poor maritime industry regulations to lack of ship maintenance and overcrowding—leaving ships prone to accidents.

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European Commission President Ursula von der Leyen delivers her speech at the European Parliament, Wednesday, Oct. 19, 2022 in Strasbourg
AP / Jean-Francois Badias
Russian President Vladimir Putin attends a ceremony to open new pharmaceutical production facilities in the Kaliningrad Region, Mordovia and St Petersburg via videoconference in Moscow, Russia, Thursday, March 30, 2023.
AP / Gavriil Grigorov/Sputnik, Kremlin Pool Photo
Police officers stand outside Manhattan Criminal Court in New York, Thursday, March 30, 2023.
AP / Yuki Iwamura
Wall Street Journal reporter Evan Gershkovich is escorted by officers from the Lefortovsky court to a bus, in Moscow, Russia, Thursday, March 30, 2023
AP / Alexander Zemlianichenko
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