In a world rife with cascading crises – geoeconomic fragmentation, retreating development, and climate change – maritime trade serves as a stabilizing anchor, holding fast against the turbulent currents of disruption which are reflected in the maritime transport review 2023.
Over four fifths of all trade in the world flows through the high seas. This includes the crucial trade of food, energy, and other essential goods. As recent trade disruptions, and most notably that of Black Sea food exports due to the war in Ukraine have shown, in our interconnected world, billions of people need open ports and steady ships to eat, keep their lights on, and have their hospitals well-stocked. Continue reading “Maritime transport review 2023 published by UNCTAD”
The ‘Smart Marinas Initiative’ was introduced in light of a pressing need for the marina industry to respond to the technological developments such as digital transformation processes that enhance efficiency, and seamless user experiences across the transportation and hospitality industries.
FuelTrust’s new report finds that in the past year, over 600 vessels were disabled through fuel problems, despite the fuel being ‘on-spec’, resulting in estimated global supply chain losses exceeding $5 billion. FuelTrust’s analysis found that between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their delivery paperwork. The primary issue identified was the introduction of water into the fuels during the journey from onshore storage tanks to the ship’s bunker tank. This problem typically involved an increase from 0.1% to above 0.25% water content, which, although below the regulated threshold, still resulted in average losses of $14,910 per affected delivery, FuelTrust highlights. 
For the first time, the UK Maritime and Coastguard Agency (MCA) is bringing a TV audience a behind-the-scenes documentary series. The new series, Coastguard: Every Second Counts, which rund for six episodes will air on Sunday 2 July at 9pm on Channel 5. It offers viewers the chance to see the wide breadth of work covered by the agency.
In its new report “Electric Boats & Ships 2024-2044,” technology company IDTechEx has provided granular 20-year forecasts in unit sales, battery demand and battery market value for the electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and electric recreational boats by power class. It also shared technology analysis and price information on marine Li-ion battery systems ($/kWh 2020 – 2044) and electric propulsion systems.
