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Outlook & Strategy

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Authorities & GovernmentBusiness Developments & ProjectsEnvironmentInfrastructureRegulation & PolicyTransitionVesselsBusiness & FinanceCertification & ClassificationVisionCollaborationResearch & DevelopmentSafetyTechnologyPorts & LogisticsEquipmentInnovationOperations & MaintenanceMarket OutlooksHuman CapitalGreen Marine
Canada
Outlook & Strategy

Canada welcomes 1st zero-emission, electric ferry

Following a 20-week retrofit, Marilyn Bell I ferry is now the first electric ferry service in Canada to be powered by a zero-emission, lithium-ion power and propulsion system containing no diesel components.

about 4 years ago
Poseidon Principles
Outlook & Strategy

Poseidon Principles signatories make progress in decarbonizing shipping

11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.

about 4 years ago
ESL
Outlook & Strategy

ESL Shipping commits to net-zero emissions by 2050

In its first environmental, social, and governance (ESG) strategy, Finnish shipping company ESL Shipping has revealed its target to achieve net zero CO2 operations by 2050.

about 4 years ago
MOL
Outlook & Strategy

MOL, JRCS jointly studying AI-based watchkeeping solution

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and its compatriot maritime technology company JRCS are planning to jointly research the use of AI-based object recognition technology to support watchkeeping aboard vessels.

about 4 years ago
China
Outlook & Strategy

China: 1st locally built large cruise ship floated out

The first large cruise ship built in China has been floated out at Shanghai Waigaoqiao Shipbuilding (SWS) shipyard, part of China State Shipbuilding Corporation (CSSC).

about 4 years ago
AD Ports
Outlook & Strategy

AD Ports scores new projects in Jordan

Logistic facilitator Abu Dhabi Ports (AD Ports) has signed four strategic agreements and a Head of Terms Agreement (HoT) with Jordan’s Aqaba Development Corporation (ADC) for the development of a new cruise terminal in Aqaba.

about 4 years ago
The Wenzhou Taihan 550MW floating solar and fishing farm (Courtesy of Government of China/Photo by Xinhua)
Outlook & Strategy

China connects 550MW combined floating solar and aquaculture project to power grid

The Wenzhou Taihan 550MW project, which combines floating solar with aquaculture, has been officially connected to the grid in East China.

about 4 years ago
Port of Oakland
Outlook & Strategy

Port of Oakland surpasses air quality goals

The US Port of Oakland has exceeded all its original goals set in the master plan for the port’s long-term commitment to reducing the air quality and health risk impacts of its maritime operations, according to the results of the emissions inventory.

about 4 years ago
Echandia
Outlook & Strategy

Echandia opens UK hub to meet maritime battery systems demand

Swedish zero-emission energy systems provider Echandia has decided to open a business development hub in Aberdeen to serve the UK market.

about 4 years ago
Port of Long Beach
Outlook & Strategy

Port of Long Beach to reduce delays with free cargo data tool

The Port of Long Beach has partnered up with the US technology consulting firm UNCOMN to launch a free-to-stakeholders cargo visibility service software.

about 4 years ago
eWolf
Outlook & Strategy

1st US all-electric tug enters construction phase

The construction of eWolf, the first all-electric ship assist tug in the US regarded as a remarkable milestone for the entire US maritime industry, has begun at Master Boat Builders’ (MBB) shipyard in Coden, Alabama.

about 4 years ago
NovaAlgoma Cement Carriers
Outlook & Strategy

NovaAlgoma Cement Carriers ups stake in JT Cement

NovaAlgoma Cement Carriers (NACC), a cement shipping joint venture between Luxembourg’s Nova Marine and Canada’s Algoma Central Corporation, has doubled its investment in JT Cement by acquiring an additional 25% of its share equity from KGJ Cement Holdings AS.

about 4 years ago
Novatek changes its management board composition
Outlook & Strategy

Management board of Novatek changes in composition

Russia’s largest independent natural gas producer Novatek has passed the resolution to change the composition of its management board.

about 4 years ago
In focus: Getting to net-zero emissions and low-carbon economy
Outlook & Strategy

In focus: Getting to net-zero emissions and low-carbon economy

The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening the e

about 4 years ago
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