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
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
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 International Chamber of Shipping (ICS) will focus clearly on its core agenda this year, with experts from key areas of industry across the board speaking at its 2016 International Shipping Conference, to be held at the British Library on Wednesday 7 September.
CMA CGM Group announced the launch of two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe. The current Epic service will make room for the two new weekly services. EPIC 1 offering a direct connection between North Europe and Pakistan
Marine technologies and system integrator Elcome International has signed fleet service agreements with two major ship operators in the Middle East, the company announced today. Elcome will provide shore-based maintenance and service for navigation
ClassNK released its annual report on Port State Control. The report 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 board from many port states in 2015.
Shipbuilder unveiled its new and revolutionary virtual reality module Shipbuilder VR during the Shipbuilder and Relatics Client Day on 30 June. “Shipbuilder VR allows the real-time publication of project management data, technical data and logistical data in 3D on smartphones
Israeli carrier Zim Integrated Shipping Services (ZIM) might join the 2M Alliance between Maersk Line and Mediterranean Shipping Co., Alphaline said quoting industry sources. This news followed the last week's news of South Korea’s Hyundai Merchant Marine (HMM)
The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York. In 2015, reports indicate that approximately 5 percent of the global trade passes through the Panama
Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa Maritime operations in West Africa are affected by threats from piracy and other maritime crime
The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted today in U.S. District Court in Seattle of 12 felony counts related to their dumping of oily waste at sea, announced U.S. Attorney Annette L. Hayes.
The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be squeezed out, the chairman of France's Louis Dreyfus Armateurs said on Tuesday. The dry bulk sector that transports commodities like coal and iron ore has suffered
Dozens of demonstrators blocked the entrance to Greece's privatisation agency offices in central Athens on Friday and planned more protests during the day against the sale of the country's two biggest ports. Privatisations have been a key plank of Greece's succession of bailouts since 2010 but
“K” Line Ship Management (Singapore) Pte Ltd has selected ClassNK Consulting Service’s machinery condition monitoring and automatic diagnostic system ClassNK CMAXS LC-A for use on one of its container vessels, marking the first commercial application of the software.
Royal Caribbean International's Harmony of the Seas, featuring Wärtsilä engines, propulsion equipment, exhaust scrubber systems, Wärtsilä NACOS Platinum navigation and dynamic positioning systems, as well as Wärtsilä CCTV systems and various electrical &
Greek cruise ship operators are worried of a lasting impact on the sector from an ongoing strike by port workers protesting against the sale of the country's biggest port Piraeus to Chinese shipping giant COSCO. Greece in April agreed the sale of a 67 percent stake in Piraeus Port to
GTMaritime, provider of shipboard software solutions, says too many shipping companies have yet to take basic precautions for cyber security onboard ship. While cyber security has become a hot topic on conference platforms and industry events around the world