Policy

Decoding the Maritime Mishap The catastrophe involving the grounding of Wakashio Newcastlemax, one of the most conspicuous accidents in recent maritime history, has been examined by the Japan Transport Safety Board (JTSB) in a new report. Much as preceding investigations suggested, the crew’s quest for a telephone signal prompted the ill-fated decision that ended in […]

Accelleron has recently penned a fresh triple-year contracts with Starlite Ferries Inc., one of the Philippines’ pa fresh triple-year contract-expanded agreements that will not only last longer but deliver broader services, including turbocharger services for an extra vessel. This addition brings the total number of included crafts to eight. All these vessels will bank on

Accelleron Secures Extended Collaboration with Starlite Ferries Accelleron has triumphantly materialized a fresh triennial pact to provision Starlite Ferries Inc., a prominent passenger ferry organization based in the Philippines, with exceptional turbocharger services. Interestingly, this new Turbo LifecycleCare contract is not merely an extension in terms of tenure but also widens its scope by incorporating

Russia Adjusts Fuel Export Restrictions The Russian authority recently approved certain relaxations regarding fuel largely utilized as bunkering for a variety of vessels, as well as high-sulfur diesel, a governmental document disclosed to Reuters revealed. What this signifies is a modification in the established norms that had previously restricted the circulation of such fuel types.

Goh’s Prominent Status in Singapore’s Business Scene Goh Jin Hian, a significant figure in Singapore’s corporate landscape, finds himself mired in controversy. Goh’s professional background includes important roles such as the ex-CEO of investment giant New Silkroutes Group and the former director of bunker provider Inter-Pacific Petroleum. He made headlines for being not just an

Outsmarted by Justice: Devious Maritime Act Unveiled A Liberian-registered cargo ship engineer found himself in hot water last week, receiving a one-year jail sentence from a U.S. court. His crime? Conceiving a plan to outsmart the U.S. Coast Guard amid an investigation into a violation of the International Convention for the Prevention of Pollution from

The oil and gas transport arm of the global shipping giant, COSCO Shipping Group, dubbed COSCO Shipping Energy Transportation (CSET), has entered into a groundbreaking deal. This venture involves the first-ever shipping loan syndicated in China with a direct and crucial link to Environmental, Social, and Corporate Governance (ESG) performance.  The Sustainability Strategy This pioneering

Unveiling a Strategic Partnership A wave of disbelief rolled through the Hanseatic port community as Germany’s grand annual maritime summit kicked off in Bremen. In the spotlight is the recent revelation of Swiss-based Mediterranean Shipping Co, the world’s premier container line, planning to purchase a near-majority stake in Hamburg’s principal port operator. In a strategic

Houlder, an independent design and consultancy company, in collaboration with an Indonesian strategic ally, BTI Defence, is all set to unveil a groundbreaking Submarine Rescue System (SRS) that will be hosted on a custom-built mothership. This venture is designed to strengthen Indonesia’s defense proficiency and expand its submarine rescue capabilities. Embarking On A New Age

In the historic 80th session of the International Maritime Organization (IMO) Marine Environment Protection Committee, which took place in July 2023, significant progress was made with the endorsement of interim guidance on the incorporation of biofuels. This epochal step pertains to assigning a CO2 Emission Conversion Factor under the Carbon Intensity Indicator regulations and relatedly,