News
UK expected to extend ETS to smaller vessels
4+ hour, 41+ min ago (123+ words) Maritime Journal UK expected to extend ETS to smaller vessels The UK is expected to press ahead with extending its Emissions Trading Scheme (UK ETS) to vessels below 5, 000 GT, with policy makers set to examine the move in September. A…...
UCL launches ship-level climate risk tool for financiers
4+ hour, 59+ min ago (348+ words) Researchers at UCL's Shipping and Oceans Research Group have developed a new framework to help shipowners, charterers, banks and investors assess which ships are most exposed to climate transition risk. The Climate Resilience Framework is designed to fill a gap…...
UCL Climate Resilience Framework: Evaluating Vessel Transition Risk in Shipping - News and Statistics
4+ hour, 37+ min ago (729+ words) Index Box Search across reports, market insights, and blog stories. UCL Climate Resilience Framework Assesses Shipping Transition Risk A team from UCL's Shipping and Oceans Research Group has created a novel method for shipowners, charterers, financial institutions, and investors to…...
Maritime expert warns of interconnected chain of global shipping crises
4+ hour, 38+ min ago (876+ words) Commercial shipping is no longer dealing with isolated danger zones, but with a chain of crises that are increasingly feeding into one another, Nikolas-Alketas Drosos, Maritime Commercial Manager & Country Representative for Greece and Cyprus at EOS Risk Group, has warned....
STAX Secures $150 Million for Ship Emissions Capture Expansion
5+ hour, 44+ min ago (258+ words) US-based STAX Engineering has secured a $150 million financing commitment from Bain Capital to expand its emission capture technology for shipping. The funding will support contracted fleet builds through 2027 and strengthen STAX's deployment of barge-based emissions capture systems at ports across…...
IMO Legal Committee to tackle criminalisation
6+ hour, 7+ min ago (246+ words) Nautilus works with members, the maritime community, national governments and international agencies to create change, which improves the lives of maritime professionals. Keep up to date with everything happening at Nautilus and read our views on maritime issues. If you…...
Guide2 Inspections App: Transforming Onboard Inspections and Mentoring for Seafarers - News and Statistics
7+ hour, 46+ min ago (431+ words) Captain Debashis Basu, as reported by Splash247, has observed that the shipping industry has long provided seafarers with an increasing number of checklists, circulars, and manuals without addressing a more fundamental question: what crews actually need at their point of work....
Strait of Hormuz transit gradually accelerates, easing high shipping costs
7+ hour, 31+ min ago (567+ words) ISTANBUL, Turkiye (MNTV) " The US-Iran deal-led ship traffic in the Strait of Hormuz will gradually increase, resulting in a noticeable easing in the spot market, marking "a gradual and fluctuating normalization," an industry representative told Anadolu. Bilgehan Engin, president of…...
Hormuz Shipping Rebounds Gradually as US-Iran Deal Eases Freight Costs
9+ hour, 23+ min ago (371+ words) ABU DHABI, Jul 2: Global shipping through the Strait of Hormuz is gradually recovering following the US-Iran de-escalation agreement, with industry experts expecting freight rates and insurance costs to ease steadily rather than collapse. Bilgehan Engin, president of the Turkish Forwarding…...
Navguide Solutions: Turning ship inspections into training
8+ hour, 38+ min ago (524+ words) Captain Debashis Basu says shipping has spent years sending seafarers more checklists, circulars and manuals, while failing to answer a simpler question: what do crews actually need at the point of work? His answer is Guide2 Inspections, an app developed by…...