Tighter Vessel Space and Political Tensions to Impact European Shipping Industry

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The shipping market may see a more positive year in 2019 amid changes in fleet size and shifts in demand for methanol, although ongoing political tensions, growing participation from Russia and looming regulatory change for 2020 could prompt an uncertain couple of years.


Magnetic Sponge for Oil Spill Clean-up

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A team of researchers at the University of Calgary, Canada, developed a sponge for soaking up aquatic oil spills that is composed of magnetic boron nitride.


An Environmental Bomb: Greece to Haul 27 Abandoned Ships

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The Gulf of Elefsina, the chief industrial shipyard area in Greece is home to dozens of abandoned cargo ships and passenger ships. Now, the Greek Government plans to haul these hulking remains of a cargo ship which rise up through the water, says a report published in The National Post.


News from the members

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On October 29th, VSS EPE and EXXON MOBIL successfully conducted Oil Spill Response training and drill, at the area of Zygi, in Cyprus.  The event took place in the context of the project that VSS EPE, a company of Polyecogroup based in Cyprus and VTS Tug Services, have undertaken upon an agreement with EXXON MOBIL. The companies will provide their services during EXXON MOBIL’s operations in Cyprus.


Ship Recycling Transparency Initiative launches platform to drive responsible ship recycling

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Industry leaders and the non-profit Sustainable Shipping Initiative launched the Ship Recycling Transparency Initiative’s (SRTI) online platform, a tool for sharing information on ship recycling to drive responsible practice.