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Lloyd’s Register (LR) is partnering COSCO Shipping Heavy Industry on the development of an 82,500 dwt bulk carrier design that will meet Unified Requirement (UR) E26, which governs the cyber resilience of ships. As explained, issued by the International Association of Classification Societies (IACS), the UR comes into force on 1 July 2024. The new […]
MARITIME ESG In this article, we examine the concept of ESG, which stands for environmental, social, and governance, and its application to the shipping industry. ESG is a way of measuring how well a company is doing in terms of sustainability and making a net-positive contribution to society. The shipping industry, which is responsible for almost 3% of global […]
Sustainability in Shipping Industry, ESG Performance Reporting Sustainability in Shipping Industry ESG Performance Reporting Shipping industry is required to comply with new regulatory requirements, standards and market trends around Sustainability, including the protection of the Environment and the mitigation of climate change effects. These apply to the entire value chain, from the construction of a new […]