IMO Secretary General: We must support the rise of digitalization around the world
Digitalization is very important and has a big and significant impact on the shipping industry, said Kitack Lim, Secretary General of IMO
European Shipyards, Equipment Manufacturers Call for EU Protection from Covid-19 Crisis
European shipyards and maritime equipment manufacturers are urging the European Union to protect the sector from the impact of the coronavirus pandemic amid looming demand drop for specific ship types, including passenger ships, dredgers, and offshore supply vessels.
Carnival to Put Majority of Its Ships in Prolonged Layups
Carnival Corporation expects to put a vast majority of its ships in prolonged layups during the global pause of its cruise operations resulting from the coronavirus pandemic.
Construction of World’s Largest LNG-Fueled RoRo Ship Begins
China-based Yantai CIMC Raffles Shipyard has cut the first steel for a new LNG-powered roll-on/roll-off (RoRo) vessel ordered by Swedish shipping company Wallenius SOL.
UAE to Ease Restrictions on Crew Changes
The United Arab Emirates (UAE) has decided to gradually lift the restrictions on crew changes enabling seafarers stuck in UAE to return to their homes.
Golar Power to Develop LNG Import Terminal in Port of Suape, Brazil
Golar Power Limited, a joint venture between Golar LNG and Stonepeak, has signed a Protocol of Intentions with the State Government of Pernambuco, a state of Brazil, to develop an LNG import terminal in the Port of Suape, located in the northeast of Brazil.
BIMCO: Low-Sulfur Fuel Sales Rise as Shipping Industry Responds to IMO 2020
The final quarter of 2019 marked a massive decline of high-sulfur fuel oil (HSFO) sales as the industry transitioned into compliance with the IMO 2020 sulphur cap, according to international shipping association BIMCO.
Maritime Unions Urge Government to Save Australian Shipping
International maritime unions have urged the Australian government to reverse the decline of the domestic shipping industry.
Wartsila to Equip Finnlines’ Ferries with Hybrid Systems
Finland-based technology group Wärtsilä will supply its hybrid power conversion system for three new RoRo ferries being built at the Nanjing Jinling shipyard in China for Finnlines, a part of the Italian Grimaldi Group.
APM Terminals Eyes Deepwater Port Development in Georgia
Terminal operator APM Terminals Poti has presented its plans to the Government of Georgia for the creation of a deepwater port.
NGO Shipbreaking Platform: Shipping Companies Still Favor the Worst Scrapyards
A total of 674 ocean-going commercial ships and offshore units were sold to the scrapyards in 2019, according to new data released by NGO Shipbreaking Platform.
European Shipowners Want Fluidity of Trade despite Brexit
As the United Kingdom stopped being a member of the European Union on January 31, 2020, European shipowners have called on both UK and EU regulators to continue their close alignment when it comes to shipping issues.
EU Okays CMA CGM-CIMC Joint Venture
The European Commission has approved the formation of a new joint venture between French shipping major CMA CGM and Chinese logistics company China International Marine Containers Neocontainer (CIMC Neocontainer), part of CIMC Group.
Study: LNG as Marine Fuel not Such a Cool Choice?
Although liquefied natural gas (LNG) contains 25 pct less carbon per unit of energy than conventional marine fuels, its use might not reduce greenhouse gas (GHG) emissions on a life-cycle basis, according to a study published by the International Council on Clean Transportation (ICCT).
Seafarer Happiness Down amid Stress over New Regulations
Workload stress caused by changes in regulations has been one of the three main factors impacting the seafarers’ happiness level in the fourth quarter of 2019, just months before the IMO 2020 sulphur cap entered into force.
Clean Arctic Alliance: How Did Super Pollutant ‘Frankenstein’ Fuels Come to Market?
The Clean Arctic Alliance, a coalition of non-governmental organisations working for a ban on heavy fuel oil from Arctic shipping, is calling for action on discovering how did new blended low sulphur shipping fuels that have high black carbon emissions end up on the market.
Tanker Revenues Boost Performance Shipping’s Earnings
Athens-based shipowner Performance Shipping reported revenue growth in the fourth quarter of 2019, which was mainly driven by earnings of the first two tankers in the company’s fleet.
Port of Hamburg Will Not Lose Cargo due to Liner Service Changes
Germany’s Port of Hamburg said it is not expecting a reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.
World’s 1st Ammonia-Powered Fuel Cell to Be Installed on a Vessel
A consortium co-ordinated by the Norwegian cluster organization NCE Maritime CleanTech which wants to install an ammonia-powered fuel cell on a vessel has won EUR 10 million funding from the European Union.
Maersk Line Partners Up with Hamburg’s Software Company
Danish container shipping giant Maersk Line is partnering with Portrix Logistic Software GmbH (PLS), part of Hamburg-based IT solutions provider Portrix Group, to integrate spot pricing into PLS’ Global Price Management (GPM) software solution.