Cyber risk remains as industry defences mature
A spate of recent cyberattacks on maritime-related companies has highlighted the ongoing risks inherent to an increasingly digitally connected industry.
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Market measures needed to realise MEPC net-zero consensus
IMO’s Marine Environment Protection Committee (MEPC) adopted its revised greenhouse gas (GHG) emissions strategy on July 7, agreeing to target net-zero emissions “by or around” 2050.
Barbados blue bond to support marine conservation
The government of Barbados is preparing to pour an extra US$50 million into ocean conservation efforts over the next fifteen years after replacing conventional debt with a Blue Bond.
Recycling yards face compliance costs as Hong Kong convention ratified
Liberia’s ratification of the IMO’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) was announced on 26 June and kicks off a process that will see the convention enter into force in 2025.
The Power of People
Melina Travlos, President of the Union of Greek Shipowners, discusses her leadership philosophy of putting people first
Silicon Valley mass firings pose hiring opportunities for maritime
Massive layoffs in the technology sector after a boom in pandemic growth has created a pool of talent for savvy companies to hire from.
Aviation’s alternative fuel transition requires cross-sectoral government policy
Aviation is ramping up efforts to use sustainable aviation fuel (SAF) but is calling for a greater diversification of fuel sources and more decisive government policy and incentives to achieve its decarbonisation goals, and to meet forthcoming UK and EU mandates.
Bjorn Otto Sverdrup: Oil and gas majors target transport emissions
The Oil and Gas Climate Initiative (OGCI) brings together 12 leading oil and gas operators to target net-zero emissions in their own operations. Now it has turned its sights downstream, with a lead role in the REMARCCABLE (Realizing Maritime Carbon Capture to demonstrate the Ability to Lower Emissions) Project. Bjorn Otto Sverdrup, chairman of OGCI’s executive committee, tells Leadership Insights why shipping emissions are a crucial piece of the puzzle.
Cross-industry demand for ESG reporting impacts shipping
An increased call for Environmental, Social and Governance (ESG) reporting has led to more shipping partnerships and a greater drive for data verification and standardisation.
Regulation driving harbour craft fuel changes
Specific regulation is driving the adoption of alternative-fuel harbour craft in some regions— for example, Singapore has banned new fossil fuel harbour craft from 2030, mandating full biofuel or net zero fuel compatibility by the deadline.