The UK Chamber of Shipping says shipping needs more time to prepare for the 2015 0.1% sulphur limit introduction in the ECA's The 2015 0.1% sulphur limit applies within the North Sea and English Channel and the Baltic Sea Emission Control Areas. The Chamber's director of safety and environment, David Balston, said: “We fully support the need to reduce sulphur emissions from ships – but we are particularly concerned that many routes will become non viable and for those vessels operating on them we seek transitional arrangements, including very tight time limited exemptions to allow technology to catch up and provide a realistic alternative." These comments were made following the publication of a report by consultancy firm AMEC, commissioned by the Chamber on behalf of several North Sea and Western Channel shipping operators. The report says that the targets for shipping companies to reduce their sulphur emissions by 2015, could cause adverse environmental effects and result in a loss of 2,000 maritime services jobs, and place many more industrial jobs under threat. The report is the first of its kind to examine the full impact of hitting sulphur targets. The report shows the key impacts of hitting the 2015 sulphur reduction targets would be: • Much more freight moved by road, rather than sea – increasing carbon emissions and causing more road congestion
The U.S. Department of Transportation’s Maritime Administration recently awarded a research contract to PricewaterhouseCoopers, LLC, of New York, to identify factors that significantly impact the ability of U.S.-flagged ship operators transporting goods to remain competitive. Current maritime industry estimates appear to indicate that costs associated with operating these vessels under U.S. registry standards are approximately three times higher than those incurred by the
The International Association of Dry Cargo Shipowners (INTERCARGO) welcomes the news that the U.S Federal Maritime Commission (FMC) has agreed it has jurisdiction in the matter of Exclusive Towage Contracts issues in the lower Mississippi River. Accordingly, the FMC has issued a "show cause" order to the principal bulk terminals with such contracts. Roger Holt, Secretary-General of INTERCARGO said today, "This show-cause order requires the marine terminal operators to demonstrate why they
Interim guidance to private maritime security companies (PMSCs) agreed by IMO's Maritime Safety Committee (MSC), at latest meeting in London A special high-level segment of the MSC saw an intense debate, over the first day and a half of the Committee’s session, on how the international community should deal with issues related to the deployment of privately contracted armed security personnel (PCASP) on board ships and the carriage of arms on board.
Inatech launches its Optimizer to add smart decision making for fuel purchasing to its cloud-based management solution for the entire fuel procurement process. The company explains that Optimizer helps ship operators take the guesswork out of their fuel purchasing decisions by providing real-time guidance on the three key factors of quantity, location and price strategy-how much fuel to buy for each ship in their fleet
Revenues of Zim, Israel Corp's shipping unit, dropped 7 percent as overall freight rates declined by 9 percent in 2013 and its loss rose from US$ 433-million in 2012 to US$535-million in 2013, according to Xinhua. Container ship operators Zim Line, which holds 2 percent of the international shipping market, is in the middle of financial restructuring. The process includes negotiations on cancelling the state's golden share, while keeping Israel's security needs and government interests.
Salvage workers and shipping experts were studying a possible mid-sea transfer of nearly 30,000 tons of gasoline from a damaged tanker at risk of exploding, the ship's operators said. Spanish authorities insisted the tanker would not be allowed back into the country's waters to carry out the potentially risky operation. A tugboat carrying equipment and specialists for the operation had joined the Greek-owned tanker Castor
Ship operators concerned about complying with the newly enforced garbage management rules can now turn to Videotel for support. Important new updates to MARPOL Annex V entered into force on January 1, 2013 and have revolutionised the way the industry must look at the issue of waste disposal. In response to this, Videotel has extensively updated its Garbage Management training program to accommodate the radical shift of emphasis the new legislation entails.
At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24), the views of the global shipping industry were represented by the International Chamber of Shipping (ICS), the principal global trade association for shipowners. ICS explained the realities of the very serious economic challenges presently confronting shipping at a special ministerial session on the financing of sustainable
China's biggest shipping line China Ocean Shipping Corporation (Coscocs) has revealed an ambitious plan to increase its container shipping capacity to hit a 2 million TEUs over the next three years, says China Daily. The company is raising the operational capacity in an effort to seize a larger slice of the cake, known as the East-West and South-North routes. Wan Min, general manager of China COSCO Shipping
Forum promotes improved safety, security, productivity, efficiency and environmental performance through collaboration and innovation. ABS hosted the fall meeting of the Ship Operators Cooperative Program (SOCP) in Houston October 5 and 6, welcoming representatives from industry
South Korean liner carrier Hanjin Shipping has announced job cuts in the U.S., but says the move is not connected to its failure and filing for bankruptcy protection, says a report in Bloomberg. Hanjin will lay off about 180 members of its 500 person workforce in the United States
The Japanese shipping operator Nippon Yusen Kabushiki Kaisha (NYK Line) will book an ‘extraordinary’ loss totaling 195 billion Japanese yen (U.S. $1.89 billion) for the interim period of its current fiscal year, forced by a deep slump in the shipping market to write down the
MaK M 46 DF dual fuel engines to be installed on a new generation of cruise ships Caterpillar Marine said its dual fuel engines have been selected for a new generation of cruise ships; tThe company’s MaK 16 M 46 DF dual fuel engines
Emsys Maritime Ltd., a UK-based maritime technology company, has announced the acquisition of the intellectual property rights for the Emsys emissions monitoring technology from W R Systems, Ltd. (WR) (Norfolk, VA USA) for an undisclosed amount
Lloyd’s Register (LR), Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) have signed a joint development project (JDP) to produce a ship-to-ship LNG bunkering compatibility study. This will comprehensively review the design requirements between 6
Shares of Neptune Orient Lines (NOL) - now a wholly owned unit of French container ship operator CMA CGM - delisted from the Singapore Exchange (SGX) with effect from 9am September 07. CMA CGM said in a press release on Monday (Sep 5) that NOL had obtained the necessary waivers and
Lubricants supplier Total Lubmarine has launched Talusia Optima, a new cylinder lube oil compatible with high sulphur heavy fuel oils and ultra-low sulphur distillate fuels. According to the manufacturer, the new lube has been developed to simplify the management of vessels trading
Shell Marine has shared an insight into the approach driving its work to protect modern ultra-efficient diesel engines against cold corrosion while still optimizing cylinder oil feed rates, across the entire range of vessel operating conditions.
KVH’s usage-based airtime plans provide the fastest possible mini-VSAT Broadband network speeds and innovative cloud-based bandwidth management tools MIDDLETOWN, RI – September 12, 2016 – KVH Industries, Inc., (Nasdaq: KVHI)
Just six years after its introduction, MAN Diesel & Turbo has confirmed an order for the 1,500th G-type engine. Greek ship operator, Almi Tankers, will take delivery of the ultra-long-stroke 7G80ME-C9 type as prime movers for the two 317
The role of the pilot in mitigating the potential economic and environmental risk from today's large vessels is one of the most important in maritime safety. In recognition of this, the International Chamber of Shipping (ICS) has embarked upon its first comprehensive survey of
Cash from top shareholder, executives should cover offload costs. South Korea's government said cash held by Hanjin Shipping Co Ltd and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels operated by the troubled container line.
There has been reports that Danish conglomerate A.P. Møller-Mærsk A/S , the world’s No. 1 shipping company, could seek to take over Hanjin Shipping Co. and Hyundai Merchant Marine Co. However, WSJ, quoting sources says that Maersk Line isn’t likely to move
First luxury cruise sailed Northwest Passage in Aug-Sept; Voyage will be repeated next summer. A surge in Arctic tourism is bringing ever bigger cruise ships to the formerly isolated, ice-bound region, prompting calls for a clamp-down to prevent Titanic-style accidents and the pollution