1. OSM Thome rolls out Kaiko Systems to streamline inspections across entire fleet. OSM Thome, a global leader of technical, crew and marine services to the offshore and maritime industry, has signed an agreement with Kaiko Systems, a pioneer in mobile-first, AI-powered ship inspection technology.
3. Stakeholders across maritime value chain align to accelerate Adoption of Zero-Emission Fuels by 2030 for a Sustainable Shipping Future. More than 50 leaders across the spectrum of the shipping value chain — e-fuel producers, vessel and cargo owners, ports, and equipment manufacturers — signed a Call to Action today at COP 29 to accelerate the adoption of zero-emission fuels. Organized by RMI, the UN Climate Change High-Level Champions, the UCL Energy Institute, and the United Nations Foundation, the Call to Action demonstrates strong industry momentum to invest in decarbonization through scalable zero-emission fuel pathways.The joint statement calls for faster and bolder action to increase zero and near-zero emissions fuel uptake, investment in zero-emissions vessels, and global development of green hydrogen infrastructure, leaving no country behind.
https://cyprusshippingnews.com/2024/11/18/stakeholders-across-maritime-value-chain-align-to-accelerate-adoption-of-zero-emission-fuels-by-2030-for-a-sustainable-shipping-future/
5. ClassNK launches third-party certification service for individual green steel products. ClassNK has launched a third-party product certification service for individual green steel products. Under the service, ClassNK certifies each green steel product supplied by steel manufacturers using the mass balance approach, and affixes a certification logo*2 to its mill certificate. By improving reliability and making identification easier, the service ensures that users feel more secure when ordering and using green steel.
https://cyprusshippingnews.com/2024/11/18/classnk-launches-third-party-certification-service-for-individual-green-steel-products/
8. Singapore court hands 17-year jail term to OK Lim. Lim Oon Kuin, the founder of the defunct Singapore oil trader Hin Leong, was sentenced to 17-and-a-half years in prison for cheating top creditor HSBC and abetting forgery.The 82-year-old former oil trading and tanker tycoon, better known as OK Lim, faced three out of more than 100 charges initially presented—two for cheating HSBC and one for instigating a Hin Leong employee to forge documents for the purpose of cheating, totalling $111.7m.
https://splash247.com/singapore-court-hands-17-year-jail-term-to-ok-lim/
9. COSCO seals green methanol pact. COSCO Shipping Group is stepping up its drive in the production of green methanol.
China’s state-owned shipping behemoth has signed a memorandum of understanding with Thai conglomerate Charoen Pokphand Group (CP Group) and US trader Freepoint Commodities, described as a major milestone in accelerating the transition to sustainable fuels for the global shipping industry.
https://splash247.com/cosco-seals-green-methanol-pact/
10. Australia’s TCorp invests in Cyan Renewables. Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp.