As the global community commits to the new Sustainable Development Goals and gears up for a new international climate policy agreement, the UNCTAD Review of Maritime Transport 2015 highlights the role of freight transport, including maritime transport, in addressing the global sustainability and resilience agenda. With more than 80 per cent of world merchandise trade by volume being carried by sea, maritime transport remains the backbone of international trade and globalization, the report says. Equally, the sector is a key enabling factor for other sectors and economic activities. The Review of Maritime Transport 2015 underlines that maritime transport is facing the dual challenge of climate change mitigation and adaptation. While curbing greenhouse gas emissions remains urgent to ensure manageable global warming levels, the effects of climate variability and change – irrespective of the causes – are already being felt in different parts of the world, often in the poorest countries which are less able to cope. Seaports, acting as key nodes in international transport networks across supply chains, are particularly vulnerable to climate change due to their location in coastal and low-lying areas. They are likely to be affected directly and indirectly by climatic factors such as rising sea levels, extreme weather events and rising temperatures.
Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing
The Maritime Transport Committee of the Organization for Economic Cooperation and Development (OECD) issued a report entitled Ownership and Control of Ships
Libya Wednesday took delivery of three new oil tankers at its port hosting the Refining Company in Zaouia, as part of ceremonies marking the 37th anniversary of the country`s September 1969 Revolution. Baghdadi Mahmoudi, Secretary of the Libyan People`s General Committee took delivery of the three tankers - Ibn Batouta, Gardhabia and Intissar - new additions to the Libyan Maritime Transport Company`s fleet. The tankers built in South Korea by Samaho Hundai
Multiport, the network of independent ship agents, is sad to announce the death of Mr Hylton Clarke, managing director of its Jamaican member, Maritime & Transport Services Ltd. Clarke was a leading member of the Jamaican shipping community, and the longest serving member on the managing committee of the Shipping Association of Jamaica. "He was a man of the greatest integrity, with a great sense of humour and enjoyment of life," said Multiport secretary-general Peter
Blue Denmark is also green. Therefore, Denmark’s official green brand, State of Green, is now launching a new theme on its website focusing on green maritime solutions. As a nation, Denmark has become well-known internationally in the green maritime field and now we intend to become even better at getting this across by means of State of Green’s new initiative that focuses on sustainable, green maritime transport and technological solutions.
The UK Department for Transport issued its Consultation Document entitled Financial Assistance for Moving Freight from Road to Inland Waterway and Maritime Transport. The post-consultation response indicates broad support for grants to encourage increased use of waterways in lieu of roadways to transport freight in the U.K. Differences remain, however, with regard to detailed implementation.
The U.S. International Trade Commission issued a lengthy report entitled -The Economic Effects of Significant U.S. Import Restraints Third Update 2002 .The report reviews a variety of import restraints including the maritime cabotage laws. It concludes that eliminating the restriction on maritime transport and liberalization of the U.S. build requirement for vessels engaged in the coastwise trade would provide an economic benefit of $917
The first national workshop under the Global Maritime Energy Efficiency Partnerships GloMEEP), Project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping, has been held in Georgia. Georgia is one of the Lead Pilot Countries for the project, which aims to build understanding and knowledge of technical and operational energy-efficiency measures to lead maritime transport into a low-carbon future.
Pursuant to the Maritime Transport Agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added to the preferential list of countries when determining the tonnage dues for vessels calling Chinese ports effective as from 14 February 2016. The Agreement serves to further develop friendly relations between the two governments and strengthen their cooperation in the field of maritime transport on the basis of
Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Cooperation (MOC) with the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) at the sideline of the International Symposium on LNG bunkering in Yokohama, Japan
An alliance of several European environmental organizations, recently adopted a declaration to designate the Mediterranean Sea an Emission Control Area (ECA), aimed at limiting air pollution from ships. The document, known as the “Rome Declaration”
The MPA Academy – the training arm of the Maritime and Port Authority of Singapore (MPA) – in partnership with the Singapore Management University (SMU) and Human Capital Leadership Institute, has officially launched its 2nd Advanced Maritime Leaders’ Programme (AMLP)
The European Investment Bank and Dutch bank ABN Amro will sign an agreement to support investments for greening the European shipping fleet. This framework is the first with a financial institution in the Netherlands and is supported by the Connecting Europe Facility and was made
An energy efficiency workshop for Pacific Island countries and territories has been held in Port Vila, Vanuatu (12-14 December). The event helped participants gain knowledge and tools to develop national strategies and clear policies to improve energy efficiency in maritime
The Grimaldi Group has placed orders for seven hybrid Alfa Laval PureSOx systems with U-design scrubbers. The orders are an important milestone, as the second of these systems is also the 100th U-design scrubber to be sold by Alfa Laval.
Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), today announced that it has signed a memorandum of understanding (MoU) with independent Greek ship classification society and certification organisation, INSB Class.
The theme for the International Maritime Organisation (IMO) World Maritime Day 2017 has been launched by the IMO Secretary General, Kitack Lim, during a visit to the Port of Felixstowe. "Connecting Ships, Ports and People" has as key objectives improving cooperation between ports and
Indian Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) between India and the United Arab Emirates on Institutional Cooperation in Maritime Transport. The proposed MoU will pave way for facilitation and promotion of maritime
A meeting of the Arctic Economic Council (AEC) was held in Saint Petersburg on the premises of SCF Arctic, a subsidiary of Sovcomflot Group (PAO Sovcomflot), on 7-8 February 2017. The meeting was attended by business community representatives from Russia, Finland, Norway, Denmark, Sweden, Canada
Maritime law students in Malta have been introduced to key issues in maritime transport policy making in a seminar at the IMO International Maritime Law Institute (IMLI) in Malta (7-9 February). The event focused on the National Maritime Transport Policy (NMTP) concept
Maritime Cook Islands Reconstitutes Its Technical Department –FourNew Senior Appointments to ProvideEnhanced Technical Expertise to Ship Owners Maritime Cook Islands (“MCI”), the international ship registry, hassignificantly enhanced its technical department with a series of
The EU has an overall competitive regime in place for fiscal and social measures as well as quality registers and a strong skills base. This combination supports the current status of the EU as an attractive location for shipping activities. To develop further growth in European shipping
European Transport Ministers adopted Wednesday afternoon a ministerial declaration on maritime transport. The declaration outlines priorities for the EU's maritime transport policy, focusing on competitiveness, digitalisation and decarbonisation.
International Maritime Organization (IMO) Secretary-General Kitack Lim joined Ministers responsible for shipping from various EU States and other countries to discuss the future of shipping, at a conference in Valletta, Malta. Speaking at the High Level Ministerial Stakeholder Conference