With more than 80% of the world’s traded goods transported by sea, ocean shipping is widely considered the cornerstone of global trade. But numerous disruptions – a global pandemic, extreme weather events, geopolitical tensions, labour disputes, trade...

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Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger, not wane. The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has called on the...

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Fresh regulation has given a limited boost to maritime decarbonization as shipping grapples with high renewable fuel prices, and as key stakeholders seek ways to share the financial burden. In April, the International Maritime Organization voted for global greenhouse...

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At the 60th anniversary of the Nor-Shipping maritime trade fair, ABS issued approval in principle (AIP) to Knutsen NYK Carbon Carriers (KNCC) for its novel design for a 40,000 cbm liquefied carbon dioxide (LCO2) carrier. A first in the industry, the LCO2-EP carrier...

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DNV has awarded an Approval in Principle (AiP) to HD Hyundai Mipo for its 20,000 cbm liquefied carbon dioxide (LCO₂) carrier. This AiP is another milestone in the development of next-generation CO₂ transport solutions in this rapidly developing vessel segment. As the...

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bound4blue has taken a major step forward in simplifying the adoption of wind power worldwide, with DNV validation of its ‘wind propulsion system force matrix’ calculation method. This validation provides shipowners, designers, and yards with a trusted,...

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