Forum News

U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine.Sanctions have impacted the company's operations, "limiting our geography and commercial prospects", Sovcomflot CEO Igor Tonkovidov told reporters.He added that as sanctions are a relatively new instrument to the shipping market…

A new report offers safety recommendations for ship owners and port authorities seeking to establish green shipping corridors.As the shipping industry continues to make progress toward its decarbonization goals, a number of green shipping corridors are being being set up as maritime routes that help to enable the use of low- and zero-emission lifecycle fuels such as methanol, ammonia and hydrogen, as well as other green technologies. To date, more than 30 green shipping corridors…

The U.S. Coast Guard has rejected comments by a Chinese diplomat that its recent boardings of Chinese fishing boats in the Pacific Islands alongside local police are illegal, saying the joint patrols are at the behest of Pacific nations to protect coastal fisheries.Reuters reported last month that six Chinese fishing boats were found to be violating Vanuatu's fisheries law after being inspected by local police who were on board the first U.S. Coast Guard boat to patrol the waters of the Pacific Islands nation.China's Ambassador to New Zealand Wang Xiaolong…

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024).The paper aims to provide general guidance and recommendations for the maritime industry (operators of tankers, barges, offshore vessels and terminals associated with the ship-shore interface) in developing and implementing controls for the use of drugs and alcohol.In the guidelines, drug and alcohol use includes the use of prescribed and over-the-counter medication…

Espen Andersen, a pilot boat driver for DanPilot, the independent public enterprise owned by the Danish state, takes his love of maritime and LEGOs to new heights, creating a LEGO model of the pilot boat he sails for Svendborg, Denmark-based company. Andersen has registered the pilot boat for LEGO Ideas, a forum where fans can submit suggestions for upcoming LEGO sets. If the idea is to become a reality and be considered for a new production at LEGO, the pilot boat needs to receive 10,000 votes.“At DanPilot, many passionate seafarers work on dedicated hobby projects.

Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take, questions to ask to help identify criminal wildlife trade, and guidance on reporting suspicious activities. An accompanying "Red Flags" document serves as a daily reference for all individuals involved in the supply chain.

The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022.The assessment applied MTF’s recently updated framework to an expanded set of eight fuels, including fossil LNG, fossil MGO combined with carbon capture and storage (CCS)…

The Philippines summoned China's deputy chief of mission in Manila on Tuesday to protest what it called "aggressive actions" by Chinese naval forces against a resupply mission for Filipino troops stationed on a South China Sea shoal.Manila's South China Sea task force said Philippine vessels carrying out the routine mission to the Second Thomas Shoal were "harassed (and) blocked" by Chinese maritime militia and coast guard ships on Tuesday.Chinese coast guard ships fired water cannon…

“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven that harnessing its power offshore is anything but. In fact, far from it, as rising materials costs, high interest rates, labor shortages and supply chain delays, among other issues, have delivered heavy blows to the commercial viability of several projects.

Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement as the situation escalates and further vessels are attacked by Yemen's Iran-aligned Houthis, a labor union and industry groups said on Friday.The Houthis have targeted commercial ships with drones and missiles in the Red Sea since mid-November in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war.Seafarers remain in the firing line…

Angela Chao, chair and CEO of the Foremost Group, has died in a car accident, the New York-headquartered dry bulk shipping company announced on Monday.Angela Chao was an experienced and well-respected shipping executive, having worked her way up through several leadership positions at the company founder by her father, Dr. James S.C. Chao, with her mother, the late Ruth Mulan Chu Chao, in 1964.Before joining Foremost Group in 1996, Angela Chao worked in the mergers and acquisitions department of Smith Barney…

On April 16th and 17th, maritime stakeholders from around the globe will converge in the historic Altona Fischauktionshalle for the highly anticipated 3rd Hamburg Maritime Forum. This prestigious event promises two days of insightful discussions, innovative solutions, and collaborative initiatives aimed at shaping the future of the maritime industry.Attendees representing a diverse spectrum of the maritime sector will grace the forum with their presence. Among them are shipowners…

C-Suite leaders of ABS, Panama Canal Authority, BIMCO, INTERCARGO, IACS, DNV, Stena Bulk, Hapag-Lloyd, IBIA, International Seaways and many more have been announced for the conference lineup at CMA Shipping 2024.With just six weeks to go, eager anticipation is growing for the 39th edition of CMA Shipping taking place in Stamford, Conn., from March 12-14, 2024.The conference agenda promises to highlight pertinent issues surrounding the future of shipping, and how the industry can navigate challenges such as the energy transition, crewing and education, safety and compliance.

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December, when Yemen's Iran-aligned Houthi movement escalated attacks on shipping."The disruptions have wiped out our already thin profits…

The United States on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups, while business chiefs warned that disruption to shipping in the Red Sea caused by their attacks could affect supply chains for months.Attacks by the Iran-allied Houthi militia on ships in the region since November have slowed trade between Asia and Europe and alarmed major powers - an escalation of Israel's more than three-month-old war with Palestinian Hamas militants in Gaza.The Houthis say they are acting in solidarity with Palestinians and have threatened to expand attacks to include U.S.

Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.Attacks by the Houthis on ships in the region since November have impacted companies and alarmed major powers - an escalation of Israel's more than three-month-old war with Palestinian Hamas militants in Gaza.

AUKUS defense ministers have reaffirmed their resolve to bolster security and stability and ensure that the Indo-Pacific remains a region free from coercion and aggression.A statement was released after Secretary of Defense Lloyd J. Austin III hosted Richard Marles MP, Deputy Prime Minister and Minister for Defence, Australia, and Grant Shapps, Secretary of State for Defence, United Kingdom, at the Defense Innovation Unit Headquarters in California on December 1.AUKUS is a trilateral security partnership for the Indo-Pacific region between Australia…

Arsenio Dominguez, Secretary-General of the IMO, addressed the United Nations Security Council at its 9,525th meeting reiterating his condemnation of the attacks against international shipping in the Red Sea.“Attacks against international shipping in the Red Sea area are not acceptable,” he said. “Ships must be allowed to trade worldwide unhindered and in accordance with international law.”Since the beginning of November, a number of attacks have been launched against international vessels navigating in the Red Sea which hosts around 15% of international shipping trade.

Danish company Green Instruments has entered a major agreement with Hudong-Zhonghua Shipbuilding for the delivery of equipment that detects oil mist and vapor on ships and triggers an alarm before fires can develop and endanger the crew, ship, equipment, and environment.The shipyard now installs Green Instruments’ equipment on every new vessel built.Oil mist is formed by oil droplets floating in the air and can ignite at low temperatures. Green Instruments’ oil mist detector is designed to register the slightest traces of oil mist and vapor from hydraulic oils and bunker fuel…

The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed to inform the best approach to test and demonstrate the colocation of offshore wind and CCS activities in the future.To achieve the UK’s net zero targets, the UK Government is targeting the delivery of 50 gigawatts of offshore wind energy and the capture of 20-30 million tons of CO2 per year by 2030.

The Maritime and Port Authority of Singapore has joined as an associate member, bringing regulatory and technological expertise to further support MTF’s objectives.Today, the Maritime Technologies Forum (MTF), whose founding members include ABS, DNV, Lloyd’s Register, ClassNK, Japan’s Maritime Bureau, Ministry of Land, Infrastructure, Transport and Tourism, the Norwegian Maritime Authority and the U.K.’s Maritime and Coastguard Agency, welcomed the Maritime and Port Authority of Singapore (MPA) as an associate member…

Russia is hoping its shipments of liquefied natural gas (LNG) will offset a sharp fall in pipeline gas exports to Europe, but a shortage of gas tankers and sanctions hold back its plans, analysts and industry sources said.Russia wants to boost its share of the LNG market to 20% by 2030 from 8% now, but a force majeure declaration by top producer Novatek over LNG supplies from its future Arctic LNG 2 project due to sanctions shows the hurdles it faces.Novatek's announcement comes after the United States last month imposed sanctions on Arctic LNG 2…

The United States believes that Iran is involved in the planning and execution of drone and missile attacks by Yemen's Houthi group on Israel and ships in the Red Sea, a senior aide to U.S. President Joe Biden said on Thursday.The comments by deputy White House national security adviser Jon Finer are among the most explicit to date by a U.S. official alleging Iranian involvement in the Houthi attacks.Finer spoke hours after the United States imposed new sanctions aimed at throttling what U.S.