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 much-publicized environmental imperatives of today. The shipping industry, has so far been omitted from ETS plans, although the European Union has stated that it would like to see ETS for shipping in place. In December, calls for ETS for shipping gained momentum when the British Chamber of Shipping advocated an international emissions trading plan, a move fully supported by SEAaT. The Seminar has attracted a number of industry leaders from the sphere of shipping and emissions trading and will be hosted by the sponsors of SEAaT [BP, Carnival, P&O, the Norwegian Shipowners Association, Stena Line, Shell, the Swedish Shipowners Association and Teekay] as a service to the shipping industry. (www.seaat.org)
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.
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
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
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
Chairman of the International Association of Classification Societies (IACS) Roberto Cazzulo, speaking at the IMO World Maritime Day Symposium on 'Sustainable Maritime Transportation System', noted that IMO had recently supported in principle his organization's proposal for establishing an (Energy Efficient Design Index) "EEDI Database" for new ships being constructed in accordance with new IMO GHG regulations.
The Korea’s shipping industry, the world largest, is preparing itself for the future. The domestic shipping industry has been sweeping the first seven places across the world in terms of the amount of orders received and the rest amount of them. However, China is also formidable as it is running right after Japan, which is tailing Korea. Korean shipping companies are accelerating their efforts to heighten added value by developing Liquefied Natural Gas (LNG) ships and building high
The Irish Minister for Finance, McCreevy T.D announced a tonnage tax for Ireland in this years Budget. Fahey T.D., Minister for the Marine and Natural Resources, said "the government approval for this unique flat tax rate linked to tonnage will act as a catalyst to regenerate the Irish shipping industry. The industry has been stagnant in recent years and this new tax regime will ensure a more attractive and enhanced fiscal environment
The recent slide in bunker prices has allowed owners to operate their ships at more profitable levels The Shipping Industry has recently benefited from falling oil prices. Fuel has always been a major cost for shipping companies, and the recent slide in prices has allowed them to operate at more profitable levels. The United States Oil Fund (USO) this year has fallen nearly 23 percent, while the Guggenheim Shipping ETF (SEA) is up over 6 percent over the same period according to a
The global shipping industry – represented by the International Chamber of Shipping (ICS), BIMCO, Intercargo, Intertanko, World Shipping Council (WSC), CLIA and IPTA – has voiced continuing concern about serious implementation problems associated with the IMO Ballast Water Management (BWM) Convention. At last week’s IMO Marine Environment Protection Committee (MEPC), governments decided neither to discuss in full nor to resolve these pivotal issues on which industry had
Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann served as Chief Executive Officer for Shipping.dk. He also served on the board of the Danish Shipbrokers Association.
The companies have signed a number of agreements for construction and long-term operation of the vessels for Sakhalin-2 project. At an official ceremony in Moscow, Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) and Sovcomflot Shelf (SCF Shelf) on behalf of Sovcomflot Group have
Although US refined products exports largely underpin medium-range (MR) product tanker demand in the Atlantic Basin, there is little evidence of similar stability in US Gulf – UK Continent (TC14) freight rates, find shipping industry advisors Poten & Partners in a recent study
Louise M. DuVall, the first woman to serve on the Long Beach Board of Harbor Commissioners, died Saturday, April 19. She was 93. She was appointed to two terms on the Harbor Commission, serving from Feb. 6, 1979, to July 18, 1990. She advocated for women to rise in the legal profession and the
Karberg & Schmitz GmbH of Hamburg, Germany, have been appointed as Ecospeed agents for the German territory, representing Subsea Industries and Hydrex in the sale and delivery of Ecospeed, Ecoshield and related products including service, maintenance and warranty work.
The UK government’s new maritime strategy “poses the right questions” about the country's shipping industry but “does not yet provide compelling answers on a range of key points that will have a major impact on this valuable sector of our economy” according to Louise
IMO’s Marine Environment Protection Committee has reached agreement on the entry into force date of new, stricter requirements for ships’ emission of NOx in emission control areas (NECAs). At the last session of the IMO Marine Environment Protection Committee
Online registration is now open for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, scheduled for Sept. 30 - Oct. 2, 2014 at the Sheraton Hotel in Stamford, Conn. Now entering its third year
The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said on Tuesday. The 1920 Jones Act restricts the delivery of goods between U.S
Governments, maritime employer representatives coordinated by the International Shipping Federation (ISF) and their counterparts from the International Transport Workers’ Federation (ITF) met this week at the International Labor Organization in Geneva for the first meeting of the Special
Fleet management solutions company BASS said it has achieved a recent deal in the Taiwanese shipping sector by securing its maiden contract in that bustling far eastern market. Under the deal with Taiwan’s Simosa Shipping, the BASSnet Maintenance module will be implemented within the
“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce that its 2013 film “The Human Element” has been
The Board of Commissioners of the Port of New Orleans unveiled a new modern, streamlined logo today to kick-off the 6th annual Critical Commodities Conference. The rebranding effort represents the culmination of work of an internal committee consisting of staff from a variety of port
Japanese classification society ClassNK says it offers its Minimum Propulsion Power Calculation Software and ISO-based Progressive Speed Trial Analysis Software free of charge to the shipping Industry ClassNK has released its new PrimeShip-GREEN/MinPower software
Subsea Industries, a Hydrex company, announced that its Ecoshield coating system, which offers protection from cavitation and corrosion/erosion damage for ship hulls, rudders and ship underwater running gear, has been recognized with an industry award.