“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level of recycli…
Product tanker recycling drops 82% year-on-year to lowest on record Read More »
With 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy. Although shipping is highly efficient in terms of CO2 emissions per cargo weight, the industry as a whole is a major contribut…
Decarbonization of shipping: An ambitious global test bed for green ships sets sail Read More »
Inmarsat’s recent Connected Future seminar encapsulated the critical roles technology and data sharing play in enabling more efficient and sustainable workboat operations, and in improving conditions for crew. Insights from leading Offshore Supply Vess…
Offshore Supply Vessel owners reap the rewards of data sharing Read More »
Clarksons Research have released a review of the global shipbuilding market in 2003. Summarising the review, Steve Gordon, Managing Director of Clarksons Research, commented: “2023 was a year of recovering output, increasing prices and a good flow of o…
Every rule or regulation brings positive and negative implications to the industry, and the new UAE Ship Recycling Regulations are no exception. To fully understand the impact of this regulation on the maritime sector, it is important to take a broader…
The down sides of the UAE Ship Recycling Regulations Read More »