Supply of core components for renewable energy projects could become a major obstacle to the global energy transition and the availability of green fuels for shipping, according to recent analyses.
23 October 2023
News
The European Commission's (EC) decision to end the Consortia Block Exemption Regulation (CBER) for shipping in April 2024 will not put an end to Vessel Sharing Agreements (VSAs) but industry figures raise uncertainties over costs and administrative complications, which could reshape how VSAs are undertaken.
23 October 2023
News
UNCTAD’s latest Review of Maritime Transport predicted a 2.4% growth in maritime trade volume in 2023, recovering from a 0.4% contraction in 2022.
23 October 2023
News
Denmark’s planned creation of an artificial island around 100 km off its coast, which will be surrounded by 10 offshore wind farms, has hit a stumbling block after forecast construction costs significantly exceeded the Danish Government political threshold for profitability.
15 September 2023
News
Demand for shipping is benefiting from a global trend in international relations where nations increase trade with allies, a shift known as friend-shoring.
15 September 2023
News
Shipping must not ignore the “vast potential” nuclear power poses for emissions reductions and operational efficiencies, according to ABS CEO and Chairman Christopher J. Wiernicki.
28 July 2023
News
A spate of recent cyberattacks on maritime-related companies has highlighted the ongoing risks inherent to an increasingly digitally connected industry.
26 July 2023
News
IMO’s Marine Environment Protection Committee (MEPC) adopted its revised greenhouse gas (GHG) emissions strategy on July 7, agreeing to target net-zero emissions “by or around” 2050.
26 July 2023
News
The government of Barbados is preparing to pour an extra US$50 million into ocean conservation efforts over the next fifteen years after replacing conventional debt with a Blue Bond.
28 June 2023
News
Massive layoffs in the technology sector after a boom in pandemic growth has created a pool of talent for savvy companies to hire from.
24 June 2023
News