The Container Ship Safety Forum (CSSF) has been launched as a global business-to-business network that aims to improve safety performance and management practices in the container shipping industry. Founding members CMA CGM Group, Costamare Shipping Company S.A., E.R. Schiffahrt GmbH & Cie. KG, Hamburg Südamerikanische Dampfschiffahrts-Gesellschaft KG, Maersk Line, Rickmers Shipmanagement and Zodiac Maritime Agencies Ltd., have joined forces to improve safety performance through collaboration. The companies will be able to collectively identify common safety hotspots across the container shipping industry and ways to address the underlying causes. “We believe the time is right to increase the focus on safety in the container shipping industry,” said Aslak Ross, Head of Marine Standards and DPA, Maersk Line, and CSSF Steering Committee Member. Other segments of the shipping industry, such as the tanker and offshore industries, have already established collaborative safety forums, but CSSF marks the first time that leading containership companies have come together to drive performance improvements in safety, a representative of CSSF said. Claas-Heye Diekmann, Director Quality Assurance & HSSE, E.R. Schiffahrt GmbH & Cie. KG., and CSSF Steering Committee Member stated
The total Green House Gas emissions from global maritime transport are estimated to have been more than 20% lower in 2012 than in 2007, according to the International Chamber of Shipping (ICS), the global shipping industry’s trade association. The global shipping industry, which transports by sea around 90% of all world trade, is thought to have produced only about 2.2% of the world’s total GHG emissions during 2012 compared to 2.8% in 2007.
The Federal Maritime Commission (FMC) issued a Press Release stating that on September 21 it hosted a panel discussion by representatives of the ocean transportation intermediary (OTI) community. This was the first of a series of briefings with shipping industry representatives intended to develop a greater awareness and understanding of current issues and concerns affecting the U.S. international liner shipping industry.
SEAaT, the association promoting abatement technology and emissions trading for ships, is to host the Shipping Emissions Trading Seminar on 2nd April at the IMO in London, to discuss and develop strategies for the implementation of emissions trading for shipping. The Seminar is by invite only and is structured to provide key stakeholders in shipping, finance and regulatory bodies and is designed to give an insight to the application of emissions trading for the shipping industry - set against
The International Chamber of Shipping (ICS) – which represents all sectors and trades of the global shipping industry and more than 80% of the world merchant fleet – has produced a briefing document for government climate change negotiators, in advance of the next United Nations Climate Change Conference (COP 17), which commences in Durban at the end of November. The Document entitled ‘Shipping
The European Community Shipowners' Associations has released the results of a recent update of an Oxford Economics study on the economic value of the EU shipping industry which highlights the industry’s contribution to the European Union's economy based on new data. The study shows the the marine sector contributed an estimated EUR 147bn ($164bn) to GDP in 2013. For every EUR 1m generated directly, the industry creates another EUR 1
The European Commission has heeded industry concerns about the poor image of shipping and launched a $4.2 million program it hopes will boost seafarer recruitment and open up awareness of the industry to the general public. The program, which should be underway by the middle of next year, will last three years and will involve participation from other shipping industry players. Addressing industry leaders at a presentation of the InterManager‐supported Key Performance Indicator initiative in
Cruise ship industry lobbies Congress to relax forthcoming North America SECA exhaust gas emission restrictions The cruise-ship industry, wants an emissions-averaging plan that would allow it to burn the same heavy fuel it always has used in some areas, and it's lobbying Congress for help, according to a report in the Merced Sun-Star. Cruise Lines International Association has proposed a complicated emissions-averaging plan that would allow ships to continue to burn high-sulfur fuel
Trade association 'Shipping Australia' says it applauds the Abbott Government’s decision to return the temporary levy on shipping to its original (lower) level. The Government’s budget night announcement that it will return the Protection of the Sea Levy to its original level of 11.25 cents per net registered tonne has been enthusiastically welcomed by the shipping industry. “This decision rights a wrong that was perpetrated when the temporary levy remained in
The total Green House Gas (GHG) emissions from global maritime transport are estimated to have been over 20% lower in 2012 than in 2007, according to "London Matters – the official Maritime London Newsletter", citing the International Chamber of Shipping (ICS). ICS reports that the global shipping industry, which transports by sea around 90% of all world trade, is thought to have produced only about 2.2% of the world’s total GHG emissions during 2012 compared to 2
Britain: April 30, 1940 – Brisbane, Queensland, Australia: June 22, 2015 Family, friends and colleagues of Capt. John Foley, Master Mariner and Great Barrier Reef “Grand Pilot” gathered together at St. Augustine’s Church, Hamilton, Brisbane on June 26
Greece's shipping sector faces paying a higher tonnage tax, and a phase-out of the special tax allowances it has enjoyed, under the latest proposals presented by the country's creditors, according to documents seen by Reuters. Together with tourism
Mitsui O.S.K. Lines, Ltd. (MOL) inaugurated Junichiro Ikeda as its new president on June 23, 2015. “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic situations and the environment
Greece's international lenders are asking the debt-laden country to hike vessel tax, according to a report in the Financial Times. The shipping sector is a vital generator of income for Greece. According to an official document indicating steps Greece must take
Weathernews Inc. announced that it has established a new Voyage Planning Service operations center in Denmark. Along with reinforcing the service team for European customers adopting Optimum Ship Routeing (OSR) service that supports voyages by appropriately matching the business
The Baltic and International Maritime Council (BIMCO) informs it has continued its support for the Oceans Beyond Piracy (OBP) “The State of Maritime Piracy” report, which addresses how piracy is affecting the shipping industry – and beyond.
London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September.
A shared passion and concern brought together a diverse group of people from several segments of the maritime industry to celebrate the milestone achievements of three careers and to raise funds to support mariners served by SCI. More than 770 individuals assembled on Thursday, June 4
Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of $384 million or $96 million per unit. The vessels are due to be delivered as early as September 2015, January
The Chinese government has approved a set of technical guidelines that require all civilian shipbuilders to ensure that their new vessels are suitable for military use in an emergency, the China Classification Society has revealed, reports Reuters.
The Greek economy’s foreign currency revenues from shipping activities expanded 9.04 percent last year from 2013, reaching 13.18 billion euros, in spite of the country's financial woes, according to the annual report of the Association of Greek Shipowners (EEE).
Maersk Line has been named Global Carrier of the Year at the Containerization International Awards 2015. It also took home the Shippers’ Choice award, which is voted for by the global container shipping industry. Maersk Line was named Global Carrier of the Year after one of
Ship scrapping subsidy program originally due to run to end-2015; show of government support amid continuing industry downturn. China on Tuesday extended by two years a subsidy programme that encourages shipping companies to scrap old vessels in a bid to support an industry struggling to emerge
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry. Discounted Cash Flow vs Market Valuations Discounted Cash Flow Valuations is the amount a vessel would be expected to earn as a
The international shipping industry will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, according to the latest manning report published by global shipping consultancy Drewry.