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UCL Framework Scores Vessel Climate Risk for Shipping Investors

UCL Framework Scores Vessel Climate Risk for Shipping Investors

Researchers at University College London have developed a framework to help vessel investors assess how a ship may be affected by different regulatory and market outcomes during shipping's transition to cleaner fuels. Th…

Thu Jul 02 20266 min
Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton Partners is in exclusive negotiations to acquire Bureau Veritas' global fuel testing and inspection business, in a deal built on an enterprise value of 536 million dollars. The proposed sale of the Oil and Petroch…

Tue Jun 30 20264 min
$125 Billion in Cargo Trapped Behind Strait of Hormuz as 1,150 Ships Remain Stranded in Persian Gulf

$125 Billion in Cargo Trapped Behind Strait of Hormuz as 1,150 Ships Remain Stranded in Persian Gulf

A new report by Allianz Commercial estimates that cargoes valued at approximately US$125 billion remain trapped in the Persian Gulf, with around 1,150 cargo-carrying vessels unable to transit the Strait of Hormuz despite…

Wed Jun 24 20265 min
Ocean-Climate Philanthropy at 0.05% of Global Giving Leaves Asia's Offshore Wind and Shipping Transition Chronically Underfunded

Ocean-Climate Philanthropy at 0.05% of Global Giving Leaves Asia's Offshore Wind and Shipping Transition Chronically Underfunded

At the Philanthropy Asia Summit's Sea Change panel on ocean-climate solutions, speakers highlighted a stark funding mismatch: less than 0.05 percent of global philanthropic giving sits at the intersection of ocean and cl…

Mon May 25 20265 min
Ocean Philanthropy Hits $1.2 Billion Annually But Falls Far Short of $15.8 Billion 30 by 30 Need

Ocean Philanthropy Hits $1.2 Billion Annually But Falls Far Short of $15.8 Billion 30 by 30 Need

Ocean-focused philanthropic funding has grown to approximately $1.2 billion in annual foundation contributions in recent years, up from around $430 million in 2010, but the sector still accounts for well under 1 percent…

Mon May 11 20264 min

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