(Bloomberg) — The container shipping industry’s year-long slump shows preliminary signs of turning the corner, though it’s not clear yet if a rebound is sustainable, the chief of Europe’s fourth-biggest…
https://gcaptain.com/shipping-ceo-sees-green-shoots-says-container-rates-must-rise/
(Bloomberg) — The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising cycles of boom…
https://gcaptain.com/a-record-90-billion-in-ship-orders-loom-over-the-shipping-industry/
A Maritime Informed news source speaks about Establishment of the ‘Promotion Council for Zero Emission Chargers for Ships’.
Standardised shore-to-ship power stationse5 Lab Inc. (President: Michihiko Nakano), Marindows Inc. (President: Yasumasa Suetsugu), e-Mobility Power Inc. (President: Naoko Yotsuyanagi), CHAdeMO Association (President: Takafumi Anegawa), The Japan Ship Technology Research Association (Chairman: Seiichi Tanaka), Mitsubishi Shipbuilding Co., Ltd....
https://mfame.guru/promotion-council-for-zero-emission-chargers-for-ships/
Last Chance To Prevent Shipping’s Breach Of Paris Agreement’s 1.5°C Temperature Limit, reveals a Maritime Fair Trade news source.
IMO climate negotiations this weekCivil society groups are deeply concerned about developments at the UN’s International Maritime Organization (IMO) climate negotiations this week (ISWG-GHG-15), in particular regarding the 2030 and 2040 climate targets that are necessary to put global shipping on a...
https://mfame.guru/final-chances-to-avert-shippings-breach-of-paris-agreement/
(Bloomberg) — Shipping’s global regulator is closing in on a new target of net zero emissions by 2050, inching the industry closer to alignment with the Paris Agreement on climate….
https://gcaptain.com/shipping-industry-faces-net-zero-emissions-target-draft-plan-reveals/
Jitendra Bhonsle, writes for Marine Insight on Differences And Correlation Between Spot Rates And Contract Rates in Shipping.
Focus in the shipping industry and amongst exportersEver since the start of Covid, there has been a lot of focus in the shipping industry and amongst exporters on the relative developments in spot rates and contract rates.
What has given rise to these discussions is the steep increase in spot rates in the months succeeding the spread of the...
https://mfame.guru/differences-and-correlation-spot-rates-and-contract-rates-in-shipping/
A Standard Media news source intrigues Why maritime decarbonization is an urgent global challenge – according to blue economy envoy Nancy Karigithu.
Africa’s economic developmentThe shipping industry is crucial to Africa’s economic development and international trade, but it also emits 2.2 per cent of global carbon emissions.
Therefore, maritime decarbonization is an urgent global challenge that requires innovative and sustainable technologies to reduce emissions while...
https://mfame.guru/maritime-decarbonization-is-an-urgent-global-challenge/
Wartsila Sees Role For Ethanol In Fragmented Bunker Fuel Landscape, reveals a Maritime Gateway.
Wartsila is seeing a potential role for ethanolWartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, with shipowners struggling to find suitable future fuels to reduce greenhouse gas emissions.
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, with shipowners struggling to find...
https://mfame.guru/wartsila-foresees-ethanols-role-in-fragmented-bunker-fuel-landscape/
Did you know that landfills and other areas of our ecosystem still contain 79% of all the plastic debris that has ever been created on a global scale? By 2050, there will be more plastic in the water than fish because they will all finally make their way to the ocean, the last sink, as reported by First Post.
Marine pollutionAn international environmental problem, marine pollution is also a problem in Indian cities. India is the world’s second-largest...
https://mfame.guru/to-combat-marine-pollution-use-the-circular-economy/
What Is the Port Side and Why Is it Called That?, explains a Cruise Hive news source.
Port sideIf you’ve been on a cruise, you’ve probably heard the term port side. But what is the port side? Find out in this article.
Nautical terms can almost be considered a foreign language. Standardized language at sea is necessary for the safety and efficiency of the crew operating any ship, including a cruise ship. But as a passenger, you may be curious about what these...