Trade woes for South Asian nations
A series of ‘once in a lifetime’ shocks destabilised South Asian economies last year. Can growing participation in global trade provide a lifeline?
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Kenneth Lim: Heavy hitter
The Port of Singapore has cemented its position as a key maritime hub, leading the charge on decarbonisation, digitalisation and supply chain resilience. Kenneth Lim, Assistant CEO, Maritime and Port Authority of Singapore (MPA) tells ICS about the factors contributing to its ongoing success.
Disaster management for shipping and ports
Resilience is a core requirement of the supply chain, making unpredictable, large-scale natural disasters, such as the earthquake that hit Turkey and Syria in February, particularly problematic.
Climate law poses emerging challenge for shipowners
The increasing trend and scope of climate litigation could herald new legal risk for shipping companies and directors, legal experts have warned.
Shipping’s hard-to-abate peers face decarbonisation hurdles
Although transport and resource sectors show progress on decarbonisation and emission targets, they still face challenges on the road to 2050 targets.
Flip the script: dancing with data
Data is playing an increasing role in efforts to streamline maritime operations, lower the use of fossil fuels and harness the benefits of artificial intelligence (AI).
Pankaj Khanna: Staying nimble amid growth and change
Since acquiring former tanker pool specialist Heidmar from TMS Group in November 2020, CEO Pankaj Khanna has grown the company’s commercial management business from six to nearly 60 vessels. He talks to ICS about what it takes to succeed and grow in an evolving shipping market.
Energy saving claims scrutinised as short-term measures loom
Fuel savings promised by energy efficient technologies may not lead to similar EEXI and CII improvements, experts have warned as shipowners prepare to comply with the new measures.
Inspection challenges at Black Sea Grain Corridor
The Black Sea Grain Initiative (‘the Initiative’) was recently extended by 120 days to 18 March 2023 under the original conditions, after all parties reached agreement.
LOF revamp gathering speed
The Lloyds Open Form (LOF) contract for vessel salvage is undergoing a major revamp in response to declining use by the maritime community.