The Maldives has received $10m as compensation from Navios Maritime Partners whose ship ran aground on a local reef in August. The Panama-flagged bulk carrier, , had been detained since the accident pending a payout. The 58,700 dwt ship was travelling from India to South Africa when it crashed into...
https://splash247.com/navios-cops-10m-fine-over-maldives-reef-grounding/
MC’s coronavirus stats show improvement…
Good Morning Monaco – Tuesday, December 7, 2021
Monaco’s coronavirus stats show improvement
While there is no doubt that the pandemic has not gone away and great vigilance is needed, a number of indicators published on Monday show a slightly improved scenario.
France puts trust in face masks
As the Omicron variant spreads its tentacles, and alarm, the French government has said that vaccination will no longer be enough to stop its spread.
https://allaboutshipping.co.uk/2021/12/07/mcs-coronavirus-stats-show-improvement/
To judge by the headlines, the shipping industry is already set on ammonia as its future fuel of choice. Not so fast, says Gregory Dolan, chief executive of the Methanol Institute. Post-COP26, post-MEPC 77, shipping faces an inevitable but uncomfortable truth; the journey to a low carbon future has...
https://splash247.com/the-headline-says-ammonia-the-detail-says-methanol/
Dutch dredging company Royal Boskalis says it is part of a consortium that has been awarded a EUR 24 million research grant to advance green methanol as an alternative fuel…
Lloyd’s List Greek Shipping Awards 2021 – The Winners
Konstantakopoulos, Vafias, Pittas and Aponte win awards at dinner event held in Athens
– Seanergy Maritime, Arcadia Shipmanagement, Alpha Lines, Hellaschart and National Bank of Greece among companies honoured –
Costamare chairman and chief executive Konstantinos V. Konstantakopoulos was named Greek Shipping Personality of the Year for 2021 as the Lloyd’s List Greek Shipping Awards made a return as an in-person dinner event after the 2020...
https://allaboutshipping.co.uk/2021/12/06/lloyds-list-greek-shipping-awards-2021-the-winners/
Bureau Veritas and MolyWorks partner on Green Solutions for Maritime
Strategic partnership to promote Additive Manufacturing, sustainable metal powders, and green services for the maritime industry
Singapore, 6 December 2021 – Bureau Veritas Marine & Offshore Singapore (BV M&O) and MolyWorks Materials Corporation have...
Brazil’s federal police have completed a two-year investigation into a major oil spill off the country’s coast in the summer of 2019, and have recommended in a report submitted to the Federal Judicial Power of Rio Grande do Norte that charges be laid against a Greek oil tanker – which has so far...
By Siyabonga Sishi PORT EDWARD, South Africa, Dec 5 (Reuters) – South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic…
https://gcaptain.com/south-africans-protest-shell-oil-exploration-in-pristine-wild-coast/
Sembcorp Marine reports that its Bergen, Norway-based subsidiary, LMG Marin AS is to design the world’s first tanker to be both fueled by green ammonia and carry it as fuel.
The tanker, the MS Green Ammonia, is being built for Grieg Edge, the dedicated innovation unit of the Grieg Maritime Group. Powered by green ammonia, the zero-emission vessel will transport and distribute green ammonia fuel from a production facility in Berlevåg, Norway, to one of the world’s northernmost inhabited areas,...
Openness critical for future development of green bond market
Friday 3 December 2021 – Vol.12 Ed.48.5
Commentary: Investors seek ‘transparency, engagement and open dialogue’ in green bond issuance
By Taylor Pearce in London
Green, social and sustainable bond issuance has skyrocketed, increasing to $750bn in 2021 from $77bn in 2017. At a 30 November workshop, a panel of investors, all major buyers of green bonds, spoke about their appetite for GSS bonds. They were outspoken about their frustration...