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
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 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 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
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 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 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 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
SHIPPINGInsight 2014 is extending the deadline for early-bird registration to Sept. 15. Attendees registering online at www.shippinginsight.com/choose-event prior to midnight Sept. 15 can receive discounts up to $400 for the event, which takes place Sept. 30-Oct
KKR and Borealis Maritime say they have acquired a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank
The Swedish Government (Länsstyrelsen in Dalarnas Län) has granted Skangass permission to build and operate a new Terminal for LNG (Liquefied Natural Gas) within the harbour in Gävle, Sweden. Skangass aims at starting the construction work during 2015.
KKR and Borealis Maritime today announced the acquisition of a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank
StealthGas Inc., a shipowning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it has priced an underwritten registered offering of 3,500,000 shares of its common stock, at an offering price of $10
According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits
Artemus Transportation Solutions will be holding its Global Commerce- International Transportation & Trade Shipping 101 Course on September 15-19 in the Seattle-Tacoma area. This is the third time the Shipping 101 course will be hosted by the Marine Exchange of Puget Sound in
Just three more weeks to take advantage of early-bird discount SHIPPINGInsight 2014 is coming soon, but there’s still time to take advantage of the early-bird registration discount. Attendees registering prior to the Aug. 28 early-bird deadline can receive a discount up to $400 for the
The number of container ships transporting goods around the world has fallen in the first half of 2014 but the total capacity of the global fleet continues to increase, consulting firm Drewry Maritime Research said in a note on Monday. Drewry Maritime Research foresees a fall in the number of
A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. TSA (Transpacific Stabilization Agreement) said the planned increase follows
Shipping is currently attracting a great deal of interest from investors in the private equity sector, according to UK-based accountants Moore Stephens, members of shipping trade organization Maritime London and as reported in its fortnightly 'London Matters'.
Three global shipping organisations have issued guidance to their members on the risks posed to ships’ crews calling in countries affected by the Ebola virus, and similar alerts have been issued by the P&I clubs, according to trade organization Maritime London.
Servowatch Systems, a U.K.-based business unit of the Electrical and Automation division of India’s engineering giant Larsen & Toubro, said its exhibition stand at SMM in Hamburg this September will be used as a platform from which the global specialist in marine automation and systems
Northern Sea Route (NSR) eastern passage opens two weeks earlier than last year; Global Ice Center predicts NSR to remain open for six weeks The Global Ice Center at Weathernews Inc. announced that the Northern Sea Route (NSR) bordering Russia is open to commercial shipping traffic as of August
On 22 July 2014, the Board of Directors of Euronav NV unanimously appointed Peter G. Livanos as Chairman of the Board, with immediate effect in replacement of Marc Saverys who was appointed Vice Chairman of the Board of Directors. Saverys said