Maritime Industry Adopts Wind Power Innovations
💨 Maritime Industry Adopts Wind Power Innovations.
The maritime industry is increasingly turning to wind power as an eco-friendly alternative for its vessels. Cargill's new vessel, Pyxis Ocean, employs "wing turbines" to partially harness wind power, reducing daily fuel consumption by 3 tons and cutting emissions significantly. Additionally, Airseas, a French company, has developed a kite-like system that, when flown at 1,000 feet, has the potential to save up to 40% on fuel consumption for commercial shipping vessels.
An international coalition of countries, including the United States, the United Kingdom, and others, has launched "Operation Prosperity Guardian" to counter Houthi rebels targeting commercial ships in the Red Sea.
BP has decided to halt all shipments through the Red Sea due to recent attacks on trade vessels by Houthi rebels in Yemen.
The maritime industry is increasingly turning to wind power as an eco-friendly alternative for its vessels.
A growing number of ships are manipulating their reported locations for illicit activities, potentially involving goods worth billions of dollars.
Bed Bath & Beyond (BBB) has filed a complaint with the Federal Maritime Commission (FMC) accusing Taiwan-based container line Yang Ming of unfairly exploiting its customers during the COVID-19 pandemic.
A recent survey conducted by Mission to Seafarers reveals a notable decline in the happiness of the world's seafarers in the second quarter, with working and living conditions lagging below pre-pandemic standards.
A ship fire off the Dutch coast that lasted almost a week originated in the upper decks where cars were stored, as stated by the CEO of the salvage company involved.
CJ Logistics, South Korea's largest parcel delivery service, has entered into a strategic partnership with Japan's Ocean Network Express (ONE), a global container shipping company.
Pertamina International Shipping (PIS) achieved a major milestone by signing four business cooperation agreements with global players through its branch office, PIS Middle East (PIS ME), based in Dubai.
The U.S. Department of Defense has announced plans to deploy additional forces to the U.S. Central Command (Centcom) area of responsibility in response to Iran's attacks and seizures of commercial ships in the Persian Gulf and Gulf of Oman.
FuelTrust, a start-up based in Houston, has conducted research exposing the lack of transparency and ethical issues in the maritime fuel market.
Ever Given's grounding in the Suez Canal in March 2021 brought the maritime shipping industry to a standstill, impacting global trade.
The International Maritime Organization (IMO) has reached a unanimous agreement on updated rules to reduce greenhouse gas emissions from shipping vessels.
The number of blank sailings in the global container shipping market has reached its lowest point since the pandemic began, indicating a path toward normalization, according to Sea-Intelligence.
According to a recent study published in the journal Nature of Ocean Sustainability, deep-sea mining operations pose a significant threat to the $5.5 billion tuna industry.
Environmentalists express disappointment with the outcome of the 80th session of the Marine Environment Protection Committee (MEPC) held by the International Maritime Organisation (IMO), as revised targets for reducing greenhouse gas (GHG) emissions fall short of what is deemed necessary to combat climate change.
A massive search effort is currently underway in the remote North Atlantic to locate the missing Titan submersible, which carried five individuals.
The expansion of the port in Nome, Alaska, is set to transform the region, accommodating larger cruise ships, cargo vessels, and military ships, and making it the nation's first deep-water Arctic port.
Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU) have announced a tentative agreement on a six-year contract for workers at 29 West Coast ports.
Ocean Network Express (ONE) has announced the successful delivery and deployment of their inaugural 24,000-TEU class vessel, the ONE Innovation.
The Federal Maritime Commission (FMC) has imposed fines on carriers Ocean Network Express (ONE) and Wan Hai Lines, totaling $2.65 million, for violating the Ocean Shipping Reform Act of 2022 through unreasonable pricing practices related to demurrage and empty container returns.
Recent data indicate a decrease in cross-ocean shipping over the past nine months, suggesting a decline in global demand for goods originating from Asia.
Shipping companies are increasing their rates to ship containers from Asia to the US as they attempt to offset a fall in rates ahead of the importing season.
One-third of shipping companies do not know the type of fuel their vessels will run on in future decades, according to a survey by the Global Centre for Maritime Decarbonisation, the Global Maritime Forum, and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, with analysis by McKinsey.
Companies interested in mining the ocean floor can now submit applications to the International Seabed Authority starting in July, following approval of the controversial practice despite significant pushback.
The France-based maritime carrier CMA CGM has already penetrated the air cargo and logistics market with profit, and now they are looking to expand again.
Container lines have historically been able to withstand increases in vessel capacity, but a massive increase in capacity could potentially pose challenges for the industry.
Four tugboats worked hard over the weekend to move the MSC INSTANBUL from being stranded in the middle of the canal, allowing traffic to flow through the vital waterway once again.
The shipping industry is exploring alternative fuels such as hydrogen, biofuels, and ammonia as a way to reduce greenhouse gas emissions.
Ammonia has emerged as a potential marine fuel in the quest for decarbonization, but a study from Chalmers University of Technology in Sweden reveals that this alternative may create new environmental challenges.