MARKET REPORT

INTERCARGO-registered dry bulk ships continue to outperform the industry average in both deficiencies and detentions, as highlighted in the latest INTERCARGO Benchmarking Report on Bulk Carriers.

Annual casualty figures from INTERCARGO, the International Association of Dry Cargo Shipowners, highlight continuing improvement in the safety performance of the sector.

The opportunities for the UK to become an early mover in the deployment of zero emission fuel have been highlighted in a new report published by UMAS, an independent maritime and energy decarbonisation consultancy, and Arup, a global sustainable development consultancy.

Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, has released a report which assesses the technical viability of current carbon capture & storage (CCS) technology within the marine market, and highlights the vital role that shipping can play across the entire CCS value chain.

ClassNK has released the report 'ClassNK Alternative Fuels Insight,' which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection.

While most American ports have decarbonization plans in place, a new report shows there are significant challenges to advancing emission-reduction projects, including financial constraints, low technology readiness and physical space limitations.

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024), that provides guidance on how to manage the risks and potentially serious impacts associated with the use of drugs and alcohol in relation to marine operations.

The International Maritime Rescue Federation (IMRF) released its #FutureSAR Report as part of the organisation’s ongoing campaign to raise awareness of the impacts and effects of climate change on global maritime search and rescue (SAR) operations.