Shipping Industry 'Broadly Satisfied' with IMO Progress on CO2 Strategy
The International Chamber of Shipping (ICS), BIMCO, INTERCARGO and INTERTANKO represented the global shipping industry throughout this week's intensive discussions at the UN International Maritime Organization (IMO), which continued the development of a comprehensive CO2 reduction strategy for the international shipping sector. The international shipping industry associations say they are 'broadly satisfied' with the progress made at this week's critical IMO meeting.
Ship Operating Costs to Increase for 2017 and 2018
Vessel operating costs are expected to rise in both 2017 and 2018, according to Moore Stephens' survey. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The survey is based on responses from key players in the international shipping industry, predominantly shipowners and managers in Europe and Asia. Those responses revealed that vessel operating costs are likely to rise by 2.1% in 2017 and by 2.4% in 2018.
ABS Issues Industry’s First Managed Pressure Drilling Notation
ABS, a leading provider of classification and technical services to the marine and offshore industries, issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deep water drillship, demonstrating system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems (MPD Guide). “As the industry drills in ever more complex and challenging…
MOL on Next-generation Ship Management Support System
Mitsui O.S.K. Lines (MOL) announced that MOL and Mitsui Engineering & Shipbuilding have been jointly developing practical use applications and commercialization of the "next-generation ship management support system" and the current data collection and monitoring systems, providing the basis for an advanced new system, have upgraded the functionality. This initiative will allow enhanced operating support from shore-side systems and personnel.
Denmark's Stricter Regulations for Vessels
To increase safety at sea, requirements will be introduced for a personal watercraft certificate and insurance as well as improved possibilities of imposing sanctions after accidents involving personal watercraft, powerboats and similar vessels, said Danish Maritime Authority (DMA). Today, the Danish Government has submitted a bill for consultation to increase the safety of persons involved in recreational activities at sea.
Keeping the Task Group on Task
With no commercial floating petrol stations in the middle of the ocean, Royal Australian Navy ships and helicopters rely on specialised replenishment ships for all their fuel needs. Underway refuelling is called replenishment-at-sea (or RAS), which requires a number of complex manoeuvres that requires ships to maintain a steady course and speed for a number of hours. The Australian Navy has two underway replenishment ships…
EU's CLINSH Project Monitoring Phase Begins
The vessels which will take part in the CLINSH project (CLean INland SHipping) have been selected. Their emissions will be closely monitored during the two-year project, part of the European Union’s LIFE programme. The vessels are to test various emissions-reducing technologies including the use of alternative fuels. The data gathered will provide valuable information about their environmental performance and the operating costs.
IMO Moving Towards a Global Climate Agreement
The International Maritime Organization (IMO) has taken its second step towards a global climate agreement for shipping. After a week of negotiations, the member States return with much homework before the final negotiations in April 2018, when the initial strategy is to be adopted. The IMO member States agreed this summer on a structure for the initial climate strategy involving, inter alia, the setting…
India's Coastal Shipping to Get a Boost
The Indian Ministry of Shipping has sanctioned Rs 25 Crore (USD 3.84mln) as Grants-in-aid to Jawaharlal Nehru Port Trust and another Rs 50 Crore (USD 7.68mln) to the Government of Karnataka for Karwar Port, for developing their infrastructure, under the Coastal Berth Scheme of its flagship program Sagarmala. The Coastal Berth Scheme aims to provide financial support to ports or state governments for creation of infrastructure for movement of cargo and passenger by sea or national waterways.
Massachusetts Takes Delivery of New Fast Ferry
The Massachusetts Bay Transportation Authority (MBTA) has taken delivery of Champion, the first of two new 150-passenger, high-speed catamarans built by Gladding-Hearn Shipbuilding, Duclos Corporation. The new vessels – funded by a grant from the Federal Transit Administration (FTA) – will operate year-round commuter service in Boston Harbor, in addition to two high-speed ferries built by the Somerset, Mass., shipyard in 1997.