The Coast Guard and partner agencies located the missing barge, Dredge 200, Wednesday after it capsized and sank earlier this week in Broad Sound approximately two miles southeast of Nahant.The barge’s location was confirmed by a contracted…
Coast Guard, Agency Partners Locate Sunken Barge off Nahant Read More »
It’s been another week of lacklustre demolition activity, which doesn’t bode well for the future rebalancing of the shipping markets, despite the strides forward taken during 2018. Should world trade growth slowdown even further next year, …
“Wait-and-See” Approach Dominates Ships’ Demolition Activity Read More »
While the global IMO Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships is probably years away from becoming effective, the EU Ship Recycling Regulation (SRR) has so far* only approved recycling yards within th…
Shipowners challenged as recycling is caught in transition Read More »
Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2050. To achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovation…
Maersk sets net zero CO2 emission target by 2050 Read More »