K-Sail Service Launched for Optimizing Wind-Assist Technology in Shipping

Kongsberg Maritime has launched K-Sail, a service to help vessel owners integrate wind-assist technology, addressing the need for reduced fuel consumption and emissions. By optimizing existing systems and focusing on collaboration, K-Sail aims to enhance operational efficiency, with pilot projects already underway, promising significant fuel savings for customers.

Continue reading

SeaBreeze Financing Launched to Boost Wind-Assisted Propulsion in Shipping

Union Maritime has launched SeaBreeze, a new lease financing program aimed at encouraging the adoption of wind-assisted propulsion systems in the maritime industry. Offering 100% financing, the initiative addresses the challenges of traditional bank financing, making sustainable technologies more accessible for shipowners working towards emissions targets.

Continue reading

Next-Gen Small Nuclear Reactors Unveiled for Sustainable Energy in Shipping

Italian start-up Newcleo, in collaboration with Fincantieri and Pininfarina, has unveiled concepts for innovative small fission power plants. Aiming to transform energy for shipping, this fourth-generation nuclear reactor emphasizes safety and sustainability. Displayed at a design fair, it seeks to reshape public perceptions of nuclear energy with advanced technology.

Continue reading

GMF Impact Report Highlights Sustainability and Seafarer Well-Being

The Global Maritime Forum’s inaugural Impact Report highlights efforts to create a greener, fairer maritime industry in 2024. Key achievements include promoting green shipping corridors and engaging industry leaders in decarbonization strategies. The report also emphasizes seafarer well-being and maritime transparency, showcasing a commitment to sustainability in global trade.

Continue reading
DG Shipping Release Standard Operating Procedures (SOP) for the safety of Indian mechanized sailing ships - 2025

DG Shipping Releases SOP for Security of Indian Mechanized Sailing Ships

The Directorate General Shipping has introduced the Standard Operating Process (SOP) for the security of mechanized sailing ships, also known as Dhows, in 2025. This SOP includes new measures such as Isro-NotAlarms transmitters and AIS class transponders to enhance tracking and surveillance. The aim is to uphold maritime traditions while addressing modern security challenges.

Continue reading

SMF Collaborative Launched in Pacific Northwest for Zero-Emission Shipping by 2050

The Sustainable Maritime Fuels Collaborative (SMF Collaborative) has been launched in the Pacific Northwest to promote sustainable maritime fuels and zero-emission technologies. With support from key organizations, the initiative aims to achieve net-zero emissions by 2050, aligning with international climate goals to enhance the region’s competitiveness in the global shipping industry.

Continue reading

Decarbonizing Shipping: Upskilling Seafarers for a Sustainable Future

The decarbonization of the shipping industry requires not just vessel modifications but also crew training. Dimitris Fafalios stressed the need to prioritize seafarers in this transition, urging collaboration among stakeholders to provide upskilling opportunities. Training must address cybersecurity risks and complement technological advancements to ensure a competitive and sustainable maritime sector.

Continue reading
Financiers Report Better Alignment With Net Zero Goals

Key Challenges and Solutions for Shipping’s Net-Zero Transition

Lloyd’s Register’s Global Maritime Trends 2025 Barometer highlights the challenges facing the global shipping industry in achieving net-zero and digital transformation goals. Fragmented regulation hinders decarbonization progress and limits investment. Without global regulatory support, the industry may fall short of its ambitions. The report emphasizes the need for coordinated regulation and workforce development for successful transitions.

Continue reading
AP aims to become an important global maritime center by 2047: Minister

Andhra Pradesh Minister Reddy Advocates for Maritime Development at NSAC Meeting

At the fourth National Sagarmala Apex Committee meeting in Delhi, Andhra Pradesh Minister BC Janardhan Reddy emphasized the state’s commitment to maritime growth. He outlined plans to develop an Indian Maritime Center, enhance GDP, and establish a harbor in Bapatla, seeking central support for these initiatives to strengthen India’s maritime prowess.

Continue reading
EU ETS Not Being Circumvented

Stability in Shipping Market Under Emissions Trading System

The European Commission’s report on the EU Emissions Trading System for shipping found no evidence of major market changes or circumvention. The inclusion of maritime transport in the ETS did not lead to significant shifts in shipping activities. Assessing small ships for monitoring GHG emissions showed a less favorable balance between costs and emission savings.

Continue reading
Advertisements