Shipping

  • Tristar Group highlights the need for shipping...

    At the 3rd Annual Maritime Standard Ship Finance & Trade conference that took place in Abu Dhabi, Chris Peters, CEO of Emirates Ship Investment Company (Eships), part of Tristar Group, spoke about the economic factors changing the face of shipping finance. He was one of the speakers at the session on Shipping and Ports – How will politico-economic factors shape future opportunities and challenges?

  • Ekofish Group builds twin-rigger at Damen...

    Dutch fishing company Ekofish Group has contracted Damen Maaskant Shipyards Stellendam to build a new twin-rig fishing trawler. The design and on-board equipment of the new vessel will all be in line with Ekofish’s dedication to sustainable fishing methods.

  • Maersk Calls for Ambitious CO2 Cuts

    In a letter released this week, Maersk head of sustainability strategy John Kornerup Bang called for a concerted effort from shipping to reduce its carbon dioxide emissions. 

  • Dry bulk shipping charter rates to rise in 2018

    Global shipping consultancy Drewry expects dry bulk shipping charter rates to recover from the second quarter of 2018 on the back of strengthening Asian iron ore demand, according to its latest edition of the Dry Bulk Forecaster.

  • Unsafe mixed migration by sea – an ongoing...

    Unsafe mixed migration by sea continues to claim many lives, despite the strenuous efforts made by Governmental and naval rescue services, often supported by merchant vessels, abiding by the long-standing tradition and legal obligation to go to the rescue of persons in distress at sea. 

  • Regulating ship speed could cut emissions by a...

    Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced by a third, on average, by reducing their speed, according to a new independent study that will be presented to the International Maritime Organisation (IMO) next week. The cumulative savings 1. from reducing the speed of these ships alone could, by 2030, be as much as 12% of shipping’s total remaining carbon budget 2. if the world is to stay under the 1.5ºC global temperature rise, the CE Delft study for NGOs Seas At Risk and Transport & Environment, founding members of the Clean Shipping Coalition (CSC), found.

  • Dubai Maritime Cluster Office Signs MoU with...

    The Dubai Maritime Cluster Office of the Dubai Maritime City Authority has signed a memorandum of understanding (MoU) with both Germany’s Maritimes Cluster Norddeutschland and Canada’s Vancouver International Maritime Cluster.

  • Shipping industry robust because ignored by...

    Shipping is the unsung hero of the Cyprus economy. The big success story that seeks no attention or publicity and demands no assistance from the state as it grows and flourishes. It is an object lesson of what could be achieved by capable and committed professionals when there is no interference in their work by politicians, state bureaucrats and trade unions as is the case in all other major sectors of the economy, the growth of which is stalled by these meddling, self-serving groups.

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Maritime and energy

The changing dynamics of society, coupled with new technologies, both in terms of digital solutions and industrial capabilities, are opening up a new maritime world. Shipping is not lone on the seas, and the companies that have the expertise and skills to support the shipping and maritime sectors may soon be able to find new growing markets in the opening ocean space. This is the second of three initial examinations of new opportunities emerging in ocean economics.

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BBVA Launching Blockchain Shipping Solution

Banco Bilbao Vizcaya Argentaria (BBVA) has partnered with Blockchain company Waves to create a distributed ledger technology (DLT) platform for processing and handling shipping document submissions. The system, already being tested, was able to reduce the processing and handling times from 7-10 days, to just 2.5 hours.

English

Tristar Group highlights the need for shipping industry to work in partnership with banks to adapt to changing economic scenario

At the 3rd Annual Maritime Standard Ship Finance & Trade conference that took place in Abu Dhabi, Chris Peters, CEO of Emirates Ship Investment Company (Eships), part of Tristar Group, spoke about the economic factors changing the face of shipping finance. He was one of the speakers at the session on Shipping and Ports – How will politico-economic factors shape future opportunities and challenges?

English

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