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TEN Ltd. Reports Reduction of Its Fleet’s Average Carbon Intensity By 19.60% Compared To 2008

TEN Ltd. Reports Reduction of Its Fleet’s Average Carbon Intensity By 19.60% Compared To 2008
TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that it has published its third annual 2023 Environmental, Social, and Governance (‘ESG’) Report. The report emphasizes TEN’s robust sustainability platform, industry expertise, and...
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Revised RightShip Inspection Age Trigger: What It Means for Owners, Managers, and Charterers

Revised RightShip Inspection Age Trigger: What It Means for Owners, Managers, and Charterers
What changes has RightShip made regarding vessel inspection age triggers, and why? RightShip has revised its vessel inspection age trigger, reducing the inspection threshold from 14 to 10 years through a four-phased approach. This change aims to improve safety within...
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Zero Emission Port Alliance Releases Key Findings: Demand, Design Standards, And Guidelines For Terminal Infrastructure Upgrading The Electricity Grid

The 12 members of the Zero Emission Port Alliance (ZEPA) mark a year of collaboration with the release of three pivotal reports with findings from the broad alliance of port operators, port authorities and OEMs. They provide insights into rising demand for...
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Baltic index logs fourth weekly loss on weaker rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, recorded its fourth consecutive weekly decline on Friday, dragged down by losses across all vessel segments for the week. The index, which...
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Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms
Brazil’s state-run oil company Petrobras said on Thursday it has signed a 16.5 billion real ($2.8 billion) deal to build and charter 12 new support vessels to supply its offshore platforms. Around 5.2 billion reais were earmarked for the building of the vessels by...
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lomarlabs and Mythos AI Join Forces to Innovate Maritime Navigation

lomarlabs and Mythos AI Join Forces to Innovate Maritime Navigation
Lomar’s corporate venture lab, lomarlabs, and Mythos AI, a leader in advanced autonomous systems, have announced a ground-breaking collaboration that will pave the way for a safer and smarter shipping industry. This collaboration combines Mythos AI’s cutting-edge...
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