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MARITIME TRANSPORT

Maritime Transport and Climate Policy at a Critical Juncture: UNCTAD Report

Image: Marine Vectors

 ​As the global community commits to the new Sustainable Development Goals and gears up for a new international climate policy agreement, the UNCTAD Review of Maritime Transport 2015 highlights the role of freight transport, including maritime transport, in addressing the global sustainability and resilience agenda.   With more than 80 per cent of world merchandise trade by volume being carried by sea, maritime transport remains the backbone of international trade and globalization, the report says. Equally, the sector is a key enabling factor for other sectors and economic activities.   The Review of Maritime Transport 2015 underlines that maritime transport is facing the dual challenge of climate change mitigation and adaptation. While curbing greenhouse gas emissions remains urgent to ensure manageable global warming levels, the effects of climate variability and change – irrespective of the causes – are already being felt in different parts of the world, often in the poorest countries which are less able to cope.   Seaports, acting as key nodes in international transport networks across supply chains, are particularly vulnerable to climate change due to their location in coastal and low-lying areas. They are likely to be affected directly and indirectly by climatic factors such as rising sea levels, extreme weather events and rising temperatures.  


Aries Maritime Transport Provides Update on the Bora

Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing


OECD Issues Report on Ownership and Control

The Maritime Transport Committee of the Organization for Economic Cooperation and Development (OECD) issued a report entitled Ownership and Control of Ships


Libya Acquires New Tankers

Libya Wednesday took delivery of three new oil tankers at its port hosting the Refining Company in Zaouia, as part of ceremonies marking the 37th anniversary of the country`s September 1969 Revolution. Baghdadi Mahmoudi, Secretary of the Libyan People`s General Committee took delivery of the three tankers - Ibn Batouta, Gardhabia and Intissar - new additions to the Libyan Maritime Transport Company`s fleet. The tankers built in South Korea by Samaho Hundai


Multiport Mourns a Loss

Multiport, the network of independent ship agents, is sad to announce the death of Mr Hylton Clarke, managing director of its Jamaican member, Maritime & Transport Services Ltd. Clarke was a leading member of the Jamaican shipping community, and the longest serving member on the managing committee of the Shipping Association of Jamaica. "He was a man of the greatest integrity, with a great sense of humour and enjoyment of life," said Multiport secretary-general Peter


State of Green Markets Green Blue Denmark

Blue Denmark is also green

  Blue Denmark is also green. Therefore, Denmark’s official green brand, State of Green, is now launching a new theme on its website focusing on green maritime solutions. As a nation, Denmark has become well-known internationally in the green maritime field and now we intend to become even better at getting this across by means of State of Green’s new initiative that focuses on sustainable, green maritime transport and technological solutions.


U.K. Financial Assistance to Move Freight to Waterways

The UK Department for Transport issued its Consultation Document entitled Financial Assistance for Moving Freight from Road to Inland Waterway and Maritime Transport. The post-consultation response indicates broad support for grants to encourage increased use of waterways in lieu of roadways to transport freight in the U.K. Differences remain, however, with regard to detailed implementation.


Economic Effects of U.S. Import Restraints

The U.S. International Trade Commission issued a lengthy report entitled -The Economic Effects of Significant U.S. Import Restraints Third Update 2002 .The report reviews a variety of import restraints including the maritime cabotage laws. It concludes that eliminating the restriction on maritime transport and liberalization of the U.S. build requirement for vessels engaged in the coastwise trade would provide an economic benefit of $917


Container Weighing a Task for Shippers Not Terminals: ESPO

File photo

European Sea Ports Organisation (ESPO) says it welcomes the recent decision of IMO’s Maritime Safety Committee (MSC) that containers must be weighed before being stowed on board ship; however it  stresses that the weighing of containers should not burden port handling activities. ESPO explains that the verification of a containers’ weight can indeed play an important role in enhancing safety in maritime transport and the whole transport chain


GloMEEP Energy Efficiency Project Gets Underway

GloMEEP Georgia workshop Courtesy IMO

  The first national workshop under the Global Maritime Energy Efficiency Partnerships GloMEEP), Project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping, has been held in Georgia.    Georgia is one of the Lead Pilot Countries for the project, which aims to build understanding and knowledge of technical and operational energy-efficiency measures to lead maritime transport into a low-carbon future.  


MarineTraffic Boards Equasis

Courtesy Equasis

  MarineTraffic, the world’s most trusted AIS vessel tracking service has started supplying geographical positioning data to the Equasis project, a European Commission initiative started in 2000 to make ship safety information more widely available.


EC Funding Gives Green Light to IMO Energy-Efficiency Project

​​The aim of the Maritime Technology Cooperation Centres project will be to help beneficiary countries limit and reduce greenhouse gas (GHG) emissions from their shipping sectors through technical assistance and capacity building. Pic:IMO

 Network of regional maritime technology cooperation centres to be established through €10 million funding contribution.   An ambitious IMO project to establish a global network of Maritime Technology Cooperation Centres (MTCCs) in developing countries is to go ahead thanks to a


European Shipowners Welcome EP TiSA Recommendations

Photo: European Community Shipowners’ Associations (ECSA)

 European shipowners welcome the European Parliament’s INTA Committee recommendations to the European Commission on the ongoing negotiations of the Trade in Services Agreement between some of the world’s leading economies.  


Colombo Port Boosts Volumes

Photo: Colombo International Container Terminals Ltd.

 The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs, according to local media.   The Terminal has set a record in 2015 with handling 1


Spotlight on Links Between Maritime Transport and Sustainability

Photo: World Bank

 The 2015 Review of Maritime Transport, published by the United Nations Conference on Trade and Development (UNCTAD), underscored the role of maritime transport in helping implement a workable international sustainable development agenda.  


Shipping Fleet Grew at Lowest Rate, says UN

Image: Maersk Line

 The world's commercial fleet grew by 3.5 percent during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference on Trade and Development (UNCTAD) reveals on Wednesday in its Review of Maritime Transport 2015.  


Gloomy Outlook for Box Shipping?

Graph: Drewry Shipping Consultants

 As carriers withdraw from unprofitable routes, is there really too little competition in container shipping?   A new report from UNCTAD highlights risks to competition in the container sector, specifically for smaller nations, says Drewry.  


Singapore to Develop Maritime Ports in Egypt

Image: PSA Singapore

 The Maritime Sector of the Egyptian Ministry of Transportation signed a Memorandum of Understanding (MoU) with the Port of Singapore Authority (PSA) as Singapore will operate and develop the Egyptian maritime ports, reports the Cairo Post.  


Verifavia to Monitor Shipping Firms for EU MRV Requirements

Image: Verifavia Shipping

 Verifavia, the world’s leading emissions verification company for the transport sector, has been tasked by five shipping companies with performing a pre-verification gap analysis against the European Commission’s (EC) Monitoring, Reporting and Verification (MRV) rules. 


IMO Assembly Elects New 40-Member Council

Photo: International Maritime Organization (IMO)

 The Assembly of the International Maritime Organization has elected the following States to be Members of its Council for the 2014-2015 biennium:    Category (a) 10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway


EU Needs IMO Leadership to Reduce Shipping Emissions

Photo: European Community Shipowners’ Associations (ECSA)

 The European Community Shipowners’ Association (ECSA) has reiterated their support for International Maritime Organisation (IMO) as the proper leader of efforts to reduce shipping’ s greenhouse gas emissions at the start of the COP 21 Climate Change Conference in Paris. 


Shipping Consolidation in Asian Shores

Pic: NOL and CMA CGM

 The global shipping industry consolidation appears to be picking up, with much of the activity centering on Asia, reports Nikkei. The overcapacity and weaker global trade have fueled talk of a shakeout in the industry.   CMA CGM is in “exclusive” talks with Neptune Orient


Ecoslops to Implement Recycling Unit in the Romanian Port of Constanta

Image: Ecoslops

 Ecoslops has signed a Letter of Intent (LOI) with Grup Servicii Petroliere (GSP), a leading offshore drilling and construction company, to conduct a feasibility study for the development of an oil residues processing plant in the Romanian Port of Constanta, on the Black Sea.  


EC Warns Greece on Tonnage Tax

Logo: European Commission

 The European Commission has sent to Greece a set of proposals to ensure that state support to the maritime sector in Greece complies with EU state aid rules.   In particular, the Commission found that current provisions may breach EU state aid rules by allowing shareholders of


India Bullish on Maritime Industry

Nitin Gadkari, Minister of Shipping. Pic: nitingadkari.org

 For the development of maritime sector in the country, India has rolled out some important projects and signed MoUs, asscording to the Ministry of Shipping.   India signed an MoU with Iran for developing Chahbahar Port. An SPV, Indian Ports Global Ltd has been formed with equity






 
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