Challenges ahead: The issues facing by shipping industry
Sustainable Solutions: Challenges in Cold Ironing
Energy management in the maritime industry targets reduced fuel consumption and emissions. Cold ironing allows vessels to use shore-side power, lowering harmful emissions. Key U.S. ports practice this to alleviate operational costs while complying with regulations. However, challenges include infrastructure needs, varying vessel power requirements, and contractual ambiguities regarding compliance responsibilities.
A decisive decade-EU climate neutrality policies
Regulations are consistently prevalent in the shipping industry. However, in the coming decade, the shipping industry will experience waves of regulatory changes, as de-carbonisation and climate neutrality will be at the forefront of regulatory bodies, especially the EU. Shipping industry still getting used to the EU-ETS (Emissions Trading Scheme), the most recent major piece of…
Maritime Economics – A review of seaborne trade from 2000 ~2018 and Potential future development
Maritime Economic and Corporate Driving Forces in maritime transport Maritime trade is considered as a cornerstone of International trade. With the change in the economic policies of the countries and willingness to open boarder for trade resulted in exponential growth in global trade and hence further resulted in growth in shipping trade. Growth of Seaborne…
Challenges ahead: The issues facing by shipping industry
Since the very beginning of shipping wherein the ships as single logs used for territorial transport of cargo to medieval ‘ Qaribs’ and finally to present day cargo ships, the evolution of shipping industry has come a long way but that was possible as the one constant i.e.”demand” for tonnage was always there irrespective of…
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