Stolt-Nielsen: Customers Should Bear Sulphur Cap Costs to Save the Industry from Going Bust
Stolt-Nielsen’s CEO, Niels Stolt-Nielsen, believes the costs stemming from the industry’s switch to compliant fuels as of January 2020, should be met by customers.
Port of Rotterdam Tests Autonomous Navigation
The Port of Rotterdam Authority has started testing autonomous navigation with a floating lab in preparation for the next step in autonomy.
Ship collision in the Mediterranean causes a 4km oil slick
Two merchant ships collided north of the French island of Corsica today, causing a four-kilometre fuel spill in the Mediterranean Sea that French and Italian authorities are working to contain.
SEA\LNG Coalition Welcomes MPA Singapore
The Maritime and Port Authority of Singapore has joined SEA\LNG, a multi-sector industry coalition aiming to accelerate the adoption of liquefied natural gas (LNG) as a marine fuel
Panama Canal to Welcome 234 Cruise Ships in Upcoming Season
The Panama Canal expects to receive approximately 234 cruise ships through the Panamax and Neopanamax locks during the upcoming 2018-2019 cruise season.
Shipping Must Rise to the Biggest Technology Challenge in 100 Years
The shipping industry must rise to the biggest technology challenge in 100 years in order to meet its decarbonization ambitions, a group of 34 maritime CEOs and industry leaders stressed in a call for action towards a new decarbonized future.
EIB Approves USD 224 Mn for Port Projects in Italy
The European Investment Bank (EIB) has approved the financing of EUR 195 million (USD 224 million) for the expansion of the port of Civitavecchia and the construction of a new terminal at the port of Fiumicino.
Ocean Cleanup Cleared to Head for Great Pacific Garbage Patch
After two weeks of final tests in the Pacific, the Ocean Cleanup has received the green light to proceed to the Great Pacific Garbage Patch and start cleaning plastics.
CentrePort Sees Record Cargo Volumes, Higher Profit
Strong cargo volumes have helped drive up New Zealand’s CentrePort’s underlying profit for the 2017/18 financial year.
Vinalines to Build Two Container Terminals at Lach Huyen
Vietnam National Shipping Lines (Vinalines) is looking to build two container terminals at Lach Huyen Port in northern Hai Phong City.
Environmental Organizations Appeal against Elbe Deepening Plan
German environmental organizations BUND, NABU and WWF have lodged a legal appeal against the Elbe deepening plan, shortly after all lawsuits against the project were completed.
"K" Line Adopts All-of-the-Above Strategy for Sulfur Compliance
In an annual social responsibility report released Friday, "K" Line president Eizo Murakami said that the Japanese shipping company will take an all-of-the-above strategy to comply with the IMO 2020 fuel sulfur content regulation.
Poland Builds Canal to Bypass Russian Waters
On Monday, Polish leader Jaroslaw Kaczynski promised to move forward with a plan to build a canal between the Baltic and the Vistula Lagoon, circumventing the current access route through Russian waters.
India Builds National Maritime Heritage Complex
Indian Ministry of Shipping, is closely working with Government of Gujarat state to showcase India's maritime heritage through development of a World Class Maritime Heritage Complex (NMHC)
Strong Support for Copenhagen Shipping Summit
Denmark's new major international maritime event Copenhagen Shipping Summit can already now present three strong partners who all support the event and present each of their conference programs.
When Boxes Fly
Will the paradigm of moving containers change?
Ocean Cleanup Puts Its System to Final Tests
Following the launch from the San Francisco Bay on September 8, the Ocean Cleanup’s System 001 traveled 350 nautical miles to commence the Pacific Trials.
China Moves Forward with Tariffs on USD 60 Bn of US Goods
China has added tariffs on USD 60 billion of imported US products as a counter-attack to the latest levies related to USD 200 billion worth of Chinese goods
Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap
Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020
Global Marine Premiums Up By Two Percent
The International Union of Marine Insurance (IUMI) has released its annual statistical report on the marine insurance market highlighting that global marine premiums were $28.5 billion in 2017