A survey has found that shipping sees a vast potential reduction in fuel consumption. Responding to a survey by NAPA and BLUE Insight, owners, managers, operators and charterers felt that on average, it was possible to reduce 28% of their fuel consumpt…
Survey: Owners and charterers believe that voyage efficiency savings of 28% are possible Read More »
The maritime industry brings solutions through regulation and not innovation. The industry is traditional and reluctant to embrace change. It is, however, more complex than that. Regulation is an obvious hurdle caused by the cross-border aspect of the …
Top 10 Maritime Startups to Watch in 2020 Read More »
On 5th February 2020, The Bahamas continued its long-held tradition of making its annual assessment payment to the International Maritime Organisation (IMO) in full and in advance of the payment the deadline. The contribution for 2020 was followed up b…
In 2019 the Baltic Exchange partnered with GeoSpock, a geospatial big data company, to look at building a digital platform for maritime industry emissions management. The partnership aims to work with the Exchange membership and broader industry to pro…
The dawn of the data age in maritime: Baltic Exchange and GeoSpock white paper Read More »
The technology group Wärtsilä and classification society DNV GL have signed a Memorandum of Understanding (MoU) in which they agree to work together to contribute to the marine industry’s ongoing digital transformation. In particular, the two companies…