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
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.
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
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
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.
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.
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
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
The Administration requests $19.5 million for the operation of the Federal Maritime Commission for fiscal year 2005. Approximately $18.4 million was appropriated for FMC operations in fiscal year 2004. The FMC is a five member independent agency responsible for enforcing international shipping rules and regulations involving carriers (container ship operators), shippers (companies owning goods to be transported), and transportation facilitators such as freight forwarders
Hempel will take part in the Danish Maritime Days (DMD) event next week and make presentations at the DMD Technical Conference, which is being held in cooperation with Danish Maritime, on the 7 & 8 October. Fouling Control Marketing Manager, Claes Skat-Roerdam
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International Maritime Organization (IMO) on the
Press release - AAL has announced the opening of a new office in Vancouver, Canada. This continues the company’s global expansion strategy, which has, in the same month, seen the opening of AAL Korea. The move strengthens the company’s on-the-ground presence and
Press Release - KVH Industries, Inc., (KVHI) will introduce the second generation of its mini-VSAT Broadband solution at London International Shipping Week. The new offering is designed to transform the maritime VSAT market with a combination of data delivered at the network’s highest
Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk, is buying 11 container ports from Spanish shipping and logistics group Perez y Cia to boost its presence in emerging markets and better serve bigger container vessels. No terms were given for the deal
Australian-owned Bass Strait shipping operator SeaRoad Holdings has warned the Federal Government that its proposed Shipping Legislation Amendment Bill could jeopardise its $100-million investment on a second cargo vessel. A report in ABC quoted SeaRoad CEO Michael Easy
The global dry bulk freight market, crippled by oversupply but seeing signs of renewed activity, is expected to take at least a year to hit the road to recovery, according to the latest Platts survey of shipping market participants.
The depreciation of the Chinese currency will help both international and domestic shipping operators in the region that have been stuggling of late with growing costs and rising competition, says Maersk. Xinhua quoted Tim Smith
Though the Danish conglomerate AP Møller-Maersk posted higher-than-expected earnings, it has cut its forecast for global trade growth and abandoned several medium-term profit forecasts, as per a report in FT. Maersk overcame low oil prices and freight rates in its container
Classification society ClassNK has released its annual report on Port State Control. The report, which aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained by PSC as well as deficiencies that were found on
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but casino admission will be only for
Ship operators working in polar regions can now equip vessels with liferafts from the SurvitecZodiac range that have been manufactured to meet Arctic operating conditions. This follows SurvitecZodiac’ development of a heating system that can be specified to keep any one of the nearly 60
International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project
As the shipping operator BG Freight Line is set for a new freight service connecting the links, Scotland’s food and drink, chemical and manufacturing industries are looking for a boost. BG Freight Line, wholly-owned by Clydeport owner Peel Ports
KKR & Co LP's Embarcadero Maritime unit will pay $254.5 million to buy 18 dry bulk and container ships from Commerzbank AG's Hanseatic Ship Asset Management GmbH, the companies said on Thursday. U.S. private equity firm KKR and London-based independent ship operator Borealis Maritime