Shipping Industry

Wednesday, 06 December 2023

Latest News for: Shipping industry

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China reveals design for world's largest nuclear-powered container ship

ECNS 06 Dec 2023

The Jiangnan Shipyard under the China State Shipbuilding Corporation Limited officially released the ship type design of the 24000TEU-class nuclear-powered container ship at Marintec China 2023, a premier maritime exhibition being held in Shanghai from Tuesday to Friday, industry ...

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China Offshore inks cooperation deals with DNV, BV and Fujian Shipbuilding

Seatrade Maritime News 06 Dec 2023

China Offshore Engineering & Technology has signed a batch of strategic cooperation agreements with DNV, Fujian Shipbuilding Industry Corporation and Bureau Veritas (BV) ... Cosco Shipping Heavy Industry forging ahead with alternative fuel vessel designs.

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W�rtsil� Expands Methanol Engine Offering to Accelerate Sustainability

The Maritime Executive 06 Dec 2023

“We recognize that it is vital for ship owners to have maximum flexibility and to keep options open as the industry navigates the uncertain pathway to net zero, and we are working hard to deliver this operational flexibility,” said Stefan Nysjö, Vice President of Power Supply, Wärtsilä Marine Power.

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Virgin Voyages: Inside the adults-only cruise offering five-star dining, world-class entertainment...

The Daily Mail 06 Dec 2023

The newest cruise ship to take Australia's shores by storm has finally arrived ahead of its maiden voyage Down Under ... British billionaire tycoon Sir Richard Branson hopes to disrupt the local $5billion industry by creating a luxury experience that feels like more like a private yacht than a cruise ship.

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Want the maritime technology market to thrive? Stop glorifying raising money

Splash24/7 06 Dec 2023

You are a wide-eyed entrepreneur looking to make a major impact on the industry you know and love ... There’s nothing unique to the maritime industry about this. It’s a fairly common cycle that repeats itself across every industry ... It may also be bad for the industry ... This is where the maritime industry’s quirks and complexities come in.

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DNV awards AiPs to DSIC for two liquefied CO2 design concepts

Seatrade Maritime News 06 Dec 2023

DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for a floating CO2 storage unit and a CO2 carrier ... Cosco Shipping Heavy Industry forging ahead with alternative fuel vessel designs ... CCS value chain with shipping as its focal point.

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UN climate talks near end of first week with progress on some fronts, but fossil ...

Longview News-Journal 06 Dec 2023

And it's a sector that includes hard-to-decarbonize industries like aviation and shipping, where cutting emissions will require big ramp-ups in production of sustainable aviation fuel, for airplanes, and alternative fuels like hydrogen for ships.

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Net Zero and the Law of Diminishing Returns

Quillette 06 Dec 2023

It was also essential to military defence since it was used to build the ships that allowed the Empire to quickly mobilise its vast armies ... Rome’s timber-dependent glass and brick industries were forced to relocate further away from urban centres, which resulted in exorbitant shipping costs.

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North Korean defector plans new life after high-risk escape by sea

Urdu Point 06 Dec 2023

Kim, who spent years working in North Korea's fishing industry, said he had long dreamed of being a ship navigator -- something that was impossible in his former home. North Korea's shipping industry is tightly controlled, with access to jobs very restricted, and dependent on having the right background and connections ... ....

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Marina launches digital initiatives to modernize shipping industry

The Manila Times 05 Dec 2023

THE Maritime Industry Authority (Marina) is set to launch ... This initiative aims to digitalize the shipping industry, allowing shipping companies to input operational data into a database, and facilitating comprehensive reporting for ships with franchise or authority to operate.

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Supply constraints are key theme for shipping industry going forward: Genco CEO

CNBC 05 Dec 2023

John Wobensmith, chief executive of Genco Shipping, talks about the outlook for the shipping industry, including supply constraints and environmental regulation ... .

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Shipping industry faces supply chain risks and disruptions

The Manila Times 05 Dec 2023

THE shipping industry is facing various challenges, including supply chain risks tied to Suez Canal, according to S&P Global Market Intelligence. Israeli-linked shipping is encountering obstacles related to the Israel-Hamas conflict, with reported incidents involving a chemical tanker and a container ship linked to CMA CGM SA.

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Cosco Shipping Heavy Industry forging ahead with alternative fuel vessel designs

Seatrade Maritime News 05 Dec 2023

Cosco Shipping Heavy Industry is pushing ahead with developing more green vessel designs using methanol and ammonia as a fuel. Cosco Shipping Heavy Industry is the shipbuilding unit of the world’s largest integrated fleet owner Cosco Shipping, which has ordered 24,000 teu methanol dual-fuel newbuilds from the group’s yards.

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International Windship Association Issues Wind-Powered Ship Wish List

The Maritime Executive 05 Dec 2023

This is an energy source that could deliver savings of up to 1% of global GHG emissions alone but would also lower the total cost of the energy transition in the shipping industry by effectively saving enough in fuel costs over the next 25 years to meet that transition price tag ...

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2024 will be shipping’s decarbonisation reality check

Splash24/7 05 Dec 2023

If 2023 was a year of reckoning on the urgency to reduce greenhouse gas emissions from shipping, 2024 is when the true test begins, writes Mikko Kuosa, CEO of NAPA ... Now shipping must prepare for the next phase ... The industry will have to find its feet under EU ETS and vessels will soon receive their first ever CII ratings.