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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Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter.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


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.


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


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


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.  


Liberia to Receive Preferential Flag Status with Respect to Chinese Tonnage Dues

Image: Liberian Registry Maritime Publications Department

 Pursuant to the Maritime Transport Agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added to the preferential list of countries when determining the tonnage dues for vessels calling Chinese ports effective as from 14 February 2016.   The Agreement serves to further develop friendly relations between the two governments and strengthen their cooperation in the field of maritime transport on the basis of


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


Promoting National Maritime Transport Policy in Saint Lucia

Photo: International Maritime Organization (IMO)

 A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.    The workshop is aimed at highlighting the promotion and development of such a policy


Liberian Registry Implements Cost-saving Measures

Scott Bergeron (Photo: Liberian International Ship & Corporate Registry)

The Liberian Registry announced the introduction of a range of cost-saving provisions which it said will help mitigate the burden and financial strain currently being placed on owners and operators of Liberian-flag vessels during the sustained economic downturn in the maritime and offshore sectors


Oman Shipping Makes Profit

Photo: OmanShipping Company SAOC

 Oman Shipping Company (OSC) reported a $180 million profit in 2015. Tariq bin Mohammed Al Junaidi, chief executive officer of OSC has been quoted by  Oman News Agency saying that  achieving significant profit came as a result of the good performance of the operations of the


Soon, the Vessel FEODORA II Can Call at Danish Ports

FEODORA II. Photo: Danish Maritime Authority

 Soon, the vessel FEODORA II can call at Danish ports in Flensborg Fjord, the Danish Maritime Authority says a press release.   At a follow-up inspection on board FEODORA II, the Danish Maritime Authority has verified that the vessel is fitted with lifejackets


Shipping Sector Emissions: LNG, Methanol Lead the Pack

Greenhouse gas emissions of EUs shipping sector are substantial, representing 4% of the EU’s total GHG emissions in 2013.  Photo: Joint Research Centre (JRC), European Commission.

A recent JRC report finds that fuels like liquefied natural gas (LNG) and methanol are the most promising alternatives to drive decarbonisation of the shipping sector and ultimately contribute to the fight against climate change.   


Shipping, Key Ingredient of EU’s Africa Agenda

Photo: European Community Shipowners Associations

 The African economy has become one of the most promising global growth markets. Shipping is taking care of the largest part of international trade and in Africa this is even more the case due to less developed land infrastructure.   


China Eyes Faster Arctic Routes Opened by Global Warming

China will encourage ships flying its flag to take the Northwest Passage via the Arctic Ocean, a route opened up by global warming, to cut travel times between the Atlantic and Pacific oceans, a state-run newspaper said on Wednesday.  


iShip Index Records 7% Increase

Graph: iShip Index by Irish Maritime Development Office

 Ireland’s maritime industry grew strongly in 2015, says the Irish Maritime Transport Economist (IMTE), an annual publication issued by the Irish Maritime Development Office (IMDO).   The iShip Index, which measures the total volume of traffic moving through our national ports


India Can Become Engine of Maritime Growth: PM

PM Narendra Modi inaugurating the Korean exhibition at Maritime India Summit 2016. Photo: Ministry of Information and Broadcasting, Government of India.

 Prime Minister Narendra Modi has inaugurated the India's first ever Maritime Summit and said that the country's vast coast line of 7500 km offers vast investment opportunities.    “Our maritime agenda will complement this ambitious infrastructure plan for the hinterland


Fines Imposed for Dolphin-watching Boat Mishap

A dolphin-watching charter vessel company and several company representatives have incurred fines totaling more than $16,000 after the vessel Dreamweaver became damaged by heavy seas on Auckland Harbour in February 2014, and more than 30 passengers had to be transferred to rescue boats.  


GE Provides DP Sea Time Reduction Course

GEs Marine DP Training Center in Houston (Photo: GE)

GE’s continuous efforts to help increase marine industry safety standards for operators recently resulted in the endorsement of The Nautical Institute’s (NI) accreditation for GE to conduct a dynamic positioning (DP) sea time reduction (STR) course in its modern DP training center in


Mandatory e-data Exchange to be Adopted by Facilitation Committee

Facilitation Committee session Photo IMO

The Facilitation Committee, meeting this week (4-8 April), is expected to adopt mandatory requirements for the electronic exchange of information on cargo, crew and passengers as part of a revised and modernized annex to the 1965 Convention on Facilitation of International Maritime Traffic (FAL)


UNCTAD Launches Novel Maritime Country Profiles

Example of the nationally flagged fleet for Marshall Islands. The Marshall Islands are one of the fastest growing open registries. A large share of its fleet are oil tankers and dry bulk carriers. Image: United Nations Conference on Trade and Development

 A maritime country profile provides a basic snapshot of a country's situation regarding maritime transport and international trade, facilitating convenient cross-country comparisons. The Maritime Country Profiles will be updated regularly as new data becomes available.  


Piraeus Port Posts 24% Increase In 2015 Profit

Photo: Piraeus Port Authority

 The Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent.     Earnings before taxes amounted to € 9.772.290,19 for the year ended 31.12.2015 against €8.891


Mega Ships Menace for Shippers

Photo: Benjamin Franklin by CMA CGM

 The Global Shippers’ Forum (GSF) says that the use of mega ships and alliances remain the main problems within the shipping sector.   The popular belief is that larger ships and alliances are good for competition because of the benefits they give






 
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