Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge has partnered with Scorpio Tankers to launch the shipping industry's first centrifugal carbon capture system (OCCS), implemented on the STI SPIGA oil tanker. This technology is modular, cost-effective, and significantly enhances capture efficiency, helping shipping companies gain a competitive edge in environmental sustainability and compliance.

08/07/2025 Logistics
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Ship Positioning And Tracking Technology Ensuring Safety And Efficiency At Sea

Ship Positioning And Tracking Technology Ensuring Safety And Efficiency At Sea

Ship positioning and tracking technology is crucial for modern shipping safety and efficiency. It encompasses various methods such as satellite positioning systems, AIS, and radio positioning, effectively ensuring vessel safety, enhancing transportation efficiency, and optimizing management. This technology provides significant support for the sustainable development of the shipping industry.

01/22/2025 Logistics
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Taiwan Considers Stricter Rules for Ships to China Over Flag Concerns

Taiwan Considers Stricter Rules for Ships to China Over Flag Concerns

Taiwan's transportation authorities are drafting the "Management Rules for Taiwan-Flagged (Including Flag of Convenience) Vessels Sailing to Mainland China." This aims to regulate shipping between Taiwan, mainland China, and Hong Kong, address the decline in Taiwan-flagged vessels, and strengthen the supervision of flag of convenience ships to prevent potential risks. This initiative is crucial for the development of Taiwan's shipping industry and the safety of cross-strait navigation. The rules are expected to provide a clearer framework for shipping operations and enhance regulatory oversight.

Key SWIFT Code Tips for Hasslefree International Transfers

Key SWIFT Code Tips for Hasslefree International Transfers

The accurate use of SWIFT/BIC codes is crucial for international remittances. This article provides a detailed analysis of the structure of the LNCBLYLT056 code and emphasizes key points to confirm before making a remittance. It recommends using Xe for efficient and low-fee international remittance services to achieve better exchange rates and user experience.

Bank of Montreal SWIFT Code Guide for Global Transfers

Bank of Montreal SWIFT Code Guide for Global Transfers

This article discusses the SWIFT/BIC code BOFMCAM2XXX of the Bank of Montreal in Canada, highlighting its important role in international remittances and the associated fee implications. A case of remittance to France illustrates the need for caution when confirming the transfer amount and timing to ensure the safe and efficient flow of funds.