shipping

Climate Change
Global News
News

Shipping Industry Could Lose $10 Billion a Year Battling Climate Change by 2050

Severe drought has caused water levels in the Mississippi River to drop so low that ships have been running aground. To keep commerce flowing, the U.S. Army Corps of Engineers is now using a dredge ship to push out silt in the river near Vicksburg, Mississippi. The chief of navigation for the corps told local […]

Read More
Environment
Featured

Growing ‘Shadow’ Tanker Fleet Poses Safety and Environment Danger: Report

The growth of the shadow tanker fleet, estimated at almost 600 vessels, is likely to pose safety and environmental concerns, Allianz Global Corporate & Specialty SE (AGCS) said in its Safety & Shipping Review 2023. The development of the shadow oil tanker fleet is the latest consequence to challenge shipowners, their crew and insurers more […]

Read More
Climate Change
Environment
Featured

Liner Shipping Reduces Sailing Speed Amid Environmental Concerns and Changing Market

As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations.  According to the world’s largest shipping association, BIMCO, liner operators increased average sailing speeds by up to 4% during the pandemic to accommodate strong demand and port congestion. In contrast, the first quarter of 2023 saw a 4% year-over-year decrease in average sailing […]

Read More
Climate Change
Environment
Featured

De-Risking Environmental Impacts in Latin America with Marine Assurance

Shipping’s ongoing evolution of improving its safety, security, health, environmental and operational performance makes this a defining time for the industry. MIS Marine’s Americas Executive Gonzalo Mera Truffini explains how building a better understanding of a vessel’s entire risk portfolio through Marine Assurance can act as a springboard to support the most complex situations concerning the environment […]

Read More