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A New Dawn on the Horizon: Korea Begins Bidding for HMM Privatization

Economy, News /

In the heart of South Korea, a corporate rebirth is in the cards with the commencement of the bidding process for privatizing HMM. The prime stakeholders, government-owned banks, express that they aspire to ensure the handover to a powerful South Korean conglomerate capable of fostering the ongoing renovation of the company. Earlier in the year, […]

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Powering the Future: Corio Generation’s Vision for Offshore Wind Energy in the Asia-Pacific

Energy, News /

Harnessing Regional Wind Power: Corio Explores Asia-Pacific Opportunities Speeding past the milestones in the fast-paced renewable sphere, Corio Generation, an offspring of Macquarie’s Green Investment Group, sets its sights on stepping up its offshore wind pipeline across the thriving Asia-Pacific region. In search of fresh avenues to expand, Corio now intends to propose compelling bids

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Defying Rules: Canada’s Dockworkers Strike Deemed Unlawful

News, Policy /

An Unexpected Twist in the Dockworkers Strike In a stunning turn of events, Canada’s International Longshore and Warehouse Union’s renewed strike move has been declared unlawful by the Canada Industrial Relations Board. Seamus O’Regan, the Labour Minister, revealed via a tweet that the labor regulatory authority issued a cease and desist order. The decision came

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A Leap Towards Greener Maritime Shipping: Retrofit Solutions for Marine Engines

News, Technology /

MAN Energy Solutions, in conjunction with WTZ Roßlau gGmbh and TU-Darmstadt, recently declared its intention to develop retrofit solutions for medium-speed marine engines. The unveiling of this ambitious three-year initiative symbolizes the onset of a refreshing, ecologically positive chapter in the nautical technology spectrum. The Groundbreaking ‘CliNeR-ECo’ Project Coined ‘CliNeR-ECo,’ the project is primarily financed

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The Silence of the Seas: Unraveling the Kerch Strait Standoff

Logistics, News /

The Kerch Strait, a nautical passageway that intricately binds the Black Sea and the Sea of Azov, unfolds as the ribbon of water separating the Russian coastal landmass of the Taman Peninsula in Krasnodar Krai and Crimea’s Kerch Peninsula. In this geopolitically significant region, age-old animosities are brewing, resulting in the recent halt of cargo

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Riding the Waves of the Bunker Fuel Market: Global Price Drop

Economy, News /

A Surprising Downward Trend in Bunker Fuel Market Monday witnessed a surprising pattern – the global prices of Very Low Sulfur Fuel Oil (VLSFO), an essential in ships and bunkers, took a downward plunge. This was the first drop in prices observed in four back-to-back sessions. Ship & Bunker’s G20-VLSFO Index, monitoring prices across twenty

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Fuelling the Future: The Rise of Japanese Shore-to-Ship Charging Stations

Energy, News /

Setting Sail Towards a Cleaner Future An ambitious group of individuals from Japan has joined forces with a singular objective: to pioneer the universal implementation of shore-to-ship charging units with standardized configuration. This budding alliance, currently labeled as the ‘Promotion Council for Zero Emission Chargers for Ships’ is setting its course towards a green revolution.

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Unveiling Ponant’s Revolutionary Cruise  

News, Technology /

Amid growing environmental concerns, the luxurious cruise line Ponant is making great strides in revolutionizing the cruise industry. The company has disclosed an unprecedented design for an emission-cutting cruise ship, integrating various cutting-edge propulsion technologies.  Selection of an Appropriate Shipyard Ponant is currently focusing its efforts on securing a competent shipyard to undertake the construction

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The Pulse of Progress: UK’s Offshore Energy Blueprint Towards Economic Growth and Job Expansion

Economy, News /

Paving the Path of a Prosperous Future Offshore Energies UK (OEUK) recently unrolled a comprehensive strategy – “Harnessing the Potential” – outlining how the offshore energy supply chain can contribute not just to job growth, but also economic advancement and innovation across the United Kingdom. Developed by OEUK, in association with Robert Gordon’s University, this

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Unraveling the Questionable Backdoors of the EU’s Emissions Trading Scheme

News, Policy /

Trailblazing the Path to Cleaner Waters: The EU ETS The clock is ticking on the European Union’s Emissions Trading System’s (EU ETS) decision to embrace maritime activities in 2024. Set to hold weighty vessels of over 5,000 gross tons to account, the ETS stipulates that these sea monsters monitor and divulge their carbon dioxide emissions

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