By Stuart Nicholls With COVID-19, shipping—like the rest of the world—is facing an unprecedented upheaval and a once-in-a-lifetime crisis. The sector’s adoption of digitalization has been fragmented to date, but this black-swan event can be the catalyst to drive the industry to make the most out of its data and reap the rewards of digitalization. The coronavirus pandemic has challenged
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A new COVID-19 Tracking Tool developed by global marine insurer North has been made available as a shared resource to the International Group of P&I Clubs. The online tool, first released by North in February, was formally launched via the IG website. It details the extent of COVID-19 and the numerous response measures that have been introduced in a single
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SEA-LNG, the multisector industry coalition, has released the latest in its series of independently conducted reports: The CE Delft study analyzes the availability and costs of liquefied bio methane (LBM) and liquefied synthetic methane (LSM) and concludes that both could become available in sufficient quantities to make a contribution toward future decarbonization for the shipping industry, and that the costs
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MISC Berhad, Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions have announced that they will work together on a joint development project (JDP) for an ammonia-fueled tanker to support shipping’s drive towards a decarbonized future. The creation of the alliance has been motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration
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FinCo Fuel Group, active in the downstream energy market with a broad portfolio of fuel products, has expanded its network with the acquisition of a majority stake in GoodNRG, holding company of renewable fuels pioneer GoodFuels. The acquisition will enable GoodFuels to tap into the complementary sourcing, supply management and logistics expertise of the wider FinCo Fuel Group. Both parties expect to
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Chelsea Technologies has appointed Elizabeth Paull as its new managing director. She joins the company from Sonardyne International. Chelsea’s recent acquisition by Sonardyne has enabled the company to strengthen its presence in the maritime, ocean science and water quality sectors. Paull will further develop Chelsea Technologies as a market leader in environmental sensing technology across a variety of industry sectors
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