Shipping Industry Facing Identity CrisisAligning with Public Facing Stakeholders a Commercial NecessitySINGAPORE, 15 January 2019 – Increased regulatory requirements. Public demand for reducing environmental impacts. Transparency provided by the internet and social networks. All these factors are contributing to the…
Economist Sustainability Summit – Chicago - June 5, 2018This summit brought together stakeholders spanning the production cycle to discuss the viability of sustainability through a circular economy where all waste is re-used in the industrial process. The overarching idea is…
The newly released book The Business of Shipping (2018, 9th edition), written by SUNY Maritime College Professor Ira Breskin, is a timely and comprehensive analysis of a dynamic industry that enables global markets.
Cargill Inc., known for its land-based agriculture, is also a dominant presence on the world’s waterways and is hoping to use its power position to clean up the ocean-shipping industry. The Minnetonka-based conglomerate recently committed to reducing its greenhouse-gas emissions at sea by 15 percent in the next two years, but it’s going to need help from its partners to achieve this.
As a result of a recent partnership between the two organizations, the American Salvage Association (ASA) and the Association of Diving Contractors International (ADCI) are pleased to announce a joint event to be held in Panama from August 1-2nd. This event will be held in tandem with the Conferencia Annual Martima de Panama. The ASA-ADCI event will bring together hemispheric members from both organizations to develop collaborations on related work, as well as to pursue opportunities to further their aligned missions.
Liquefied natural gas (LNG) is the most recent step towards lessening environmental impacts in the fueling industry. LNG occurs when natural gas is taken from a gaseous form and turned into liquid form. The benefit of using LNG is that it is non-pressurized, and is therefore easier and safer to transport. LNG is only 1/600ths the volume of natural gas in the gaseous state, so more can be shipped at a time. It is win-win for ships as LNG is easier to transport, more fuel efficient, and better for the environment because burning LNG results in less carbon emissions that other forms of fuel. Burning LNG releases 50-60% less carbon than coal. LNG is still a fossil fuel and does have impacts on the environment, but the impacts are less than traditional forms of fuel.
In an effort to protect whales and cut ship emissions, California continues its Protecting Blue Whales and Blue Skies Program and establishes voluntary vessel speed reduction zones in the Santa Barbara Channel region and San Francisco Bay area between 1 July 2018 and 15 November 2018.
Single-use disposable plastic bags are causing more harm than good for the environment. Even though they are convenient to carry groceries, they are anything but convenient for the planet. When improperly disposed of, a plastic bag can easily be carried by the wind to our oceans. Due to their lightweight design, even if it was thrown out far from water, it can still end up in the sea.
Ballast water is one of the most prominent topics in the maritime industry today. It spans the shipping industry, the environmental community, and the actions of maritime industry policymakers. Because it is so far reaching, it is important to understand not only what ballast water is, but how it affects the marine environment and maritime industry.
American Caribbean Maritime Foundation Honors Shipping Industry Stalwarts The prestigious annual Anchor Awards, upcoming this fall in New York, will honor three top leaders in the global maritime industry—Michael Bayley, President and Chief Executive Officer of Royal Caribbean International; Roland Malins-Smith, Founder and Retired President of Seafreight Line Ltd; and Rick Murrell, SVP Managing Director, Saltchuk Resources and Chairman Tropical Shipping.