A crew change fund from Singapore received a significant financial boost as the International Transport Workers’ Federation (ITF) and the International Maritime Employers’ Council (IMEC) have come together to contribute $500,000 to the Singapore Shipping Tripartite Alliance Resilience (SG-STAR), in order to reward countries that adopt ideal crew change …
Read More »Demand for Eastern European seafarers rises amidst Asia lockdown
Demand for Eastern European crew has been rising during the COVID-19 pandemic, likely due to Asian countries still being under lockdown. Shipowners and managers are looking towards Eastern Europe for seafarers, since countries that supply a large number of them, such as India and the Philippines, are still under lockdown. …
Read More »Crew change on the mind of Chinese shipowners
Despite the maritime industry showing signs of recovery from the COVID-19 pandemic, with many Chinese shipowners seeing an uptick in business, many of them are still concerned over the issue of crew changes. Speaking at the Capital Link International Shipping Forum China, Ding Lei, vice president of China Merchants Energy …
Read More »European Union to include shipping industry in carbon market
European Union – Shipping appears to be transitioning towards a more environmentally friendly future, with more authorities mandating the use of cleaner fuels, as well as penalising shipowners for pollution from their vessels. The latest authority to do so, the European Parliament, has come to a consensus with regard to …
Read More »ExxonMobil to introduce low-emission marine biofuel
The International Maritime Organisation (IMO) has introduced restrictions for marine fuels as part of its attempt to reduce carbon emissions from the shipping industry by 2050. Therefore, shipping companies will have to begin sourcing for alternative, less harmful sources of fuel for their vessels that meet the IMO’s requirements. A recent …
Read More »Shipping alliances and why they matter: Reasons to join the Global Shipowner Alliance (GSA)
The Global Shipowner Alliance (GSA), operated by Marine Online, aims to bring together shipowners in order to lower the costs of ownership and provides a multitude of benefits for members. As an integrated supply chain, the GSA aims to provide supplies and services to members and it has been estimated …
Read More »Why should shipping companies choose Marine Online?
Singapore’s maritime B2B platform Marine Online offers a plethora of services for shipping companies. By integrating digital technology, big data and artificial intelligence into the maritime industry, Marine Online is able to improve efficiency and reduce costs, and these savings will in turn be passed on to the consumer. Marine …
Read More »CMA CGM anticipates improvement in container trade
French container shipping company CMA CGM has predicted a recovery for shipping, especially for transpacific routes, as the maritime industry continues to bounce back from the COVID-19 pandemic, which hindered growth at the start of 2020. CMA CGM announced a net income of $136 million in the second quarter …
Read More »Oman bans open-loop scrubbers
Oman has become the latest country to ban open-loop scrubbers in its territorial waters, joining a list of nations including China, Malaysia and Singapore, some of whom have chosen to ban open-loop scrubbers as a result of their potential impact on the marine environment. Scrubbers are used to remove harmful …
Read More »Why companies choose us for Port Agency / Shipping Agency services?
Cost-effectiveness and transparency in rates! That’s the main reason why shipping companies choose us for Port Agency / Shipping Agency services. Marine Online helps companies to focus on their primary objective, which is driving revenue and profit. Our local experts work closely on the ground with the stakeholders to ensure …
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