Azerbaijan Caspian Shipping Company Supports Environment
Environmental protection is one of the main criteria of sustainable development o Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil, fuel, other liquid and solid wastes obtained during the operation of vessels and the functioning of onshore facilities, on water basins, ground and air. Preventive measures within the framework of existing opportunities are taken against the damage of the environment in the course of operations.
British Ports Association for Border Continuity
As the UK Cabinet prepares for an away day’ at Chequers this week, the British Ports Association (BPA) has urged Ministers to agree a proposal that will ensure goods continue to flow uninterrupted between UK and EU ports post-Brexit. Commenting on the Government’s forthcoming revised customs ‘blueprint’ proposals the BPA’s Chief Executive, Richard Ballantyne, said: “We are eagerly awaiting the outcome of the Cabinet discussions and forthcoming Brexit White Paper. The UK’s post-Brexit customs relationship with the EU will dictate how almost half of our trade is handled at the border.
U.S.-China Trade Battle Heats Up
Dueling tariffs raise fears of long A U.S.-China trade fight resulting in duties on $34 billion worth of each other's imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions.Friday marked the start of the U.S. duties that were promptly met with retribution by China, as Beijing accused the United States of triggering the "largest-scale trade war."The escalating fight between the…
IMO’s Cape Town Agreement on Protecting Fishers’ Lives
International Maritime Organization (IMO)'s Cape Town Agreement on fishing vessel safety needs to be ratified and implemented in order to save fishers’ lives. This key message was reiterated by IMO’s Sandra Allnutt during the UN Food and Agriculture (FAO) Committee on Fisheries (COFI 2018) meeting in Rome, Italy (9-13 July). The 2012 Cape Town Agreement is aimed at facilitating better control of fishing vessel safety by flag, port and coastal States. The Agreement currently has 10 Contracting States, but needs 22 for entry into force, along with a required number of aggregate fishing vessels.
British Ports Association Welcomes Trade Facilitation Focus of Brexit White Paper
The British Ports Association has welcomed the Government’s Brexit White Paper which outlines the UK’s aims for a future economic relationship with the EU. Included in the White Paper is the much publicised Facilitated Customs Arrangement which essentially enables the continued frictionless trade between the UK and the EU. Commenting on the developments the British Ports Association’s Chief Executive, Richard Ballantyne said: “It is clear that the Government has listened to businesses…
Cruise Ship Construction: China Rising
China earns cruise newbuild business, aims for ship financeWhile China has steadily built shipbuilding market share, cruise ship construction – more specifically mastering the logistical complexities inherent in cruise ship design, outfit and construction – has proved elusive. But it appears that Chinese shipbuilders have turned the corner, with contracts signed for the first cruise newbuilds. We were in Tianjin, China, earlier this year for the 4th Annual China Maritime Finance Forum for a look behind the covers of passenger vessel in China…
Nippon Foundation Addresses Global Ocean Threats
Nippon Foundation is a philanthropic organization active globally with a simple mission, social innovation. While its activities today cross many activities and borders, when founded in 1962 its efforts focused largely on the maritime and shipping fields. Last month in Houston we spoke with Nippon Foundation Chairman Yohei Sasakawa, focused specifically on Nippon Foundation’s activities in and around the world’s oceans.(all images copyright and courtesy Nippon Foundation)Please explain the most important activities today for the Nippon Foundation…
New Research in Biofilms: Fighting Nature with Nature
Underneath the glistening patchwork of blues and greens lurks an intricate world of unique animal communities, diverse landscapes, and changeable conditions. The ocean is also one of the most extraordinary and fascinating ecosystems on the planet - a place that can host both the source of a problem and the solution. In the maritime sector, an estimated $56 million a year is associated with biofouling for the US Navy alone. Anti-fouling coatings have the potential to reduce millions of tonnes of greenhouse emissions each year…
Repercussions of EU-Japan Pact for Hamburg Port
The European Union (EU) has signed its largest-ever free trade agreement. This aims to boost the economies of the EU and Japan. For instance, the deal will reduce Customs duties and other trade obstacles, stimulate growth and create new jobs.After checking the legal formulation of the text and translation, the agreement will be submitted to the European Parliament and EU member states for approval. Ideally, the pact, which has been in preparation since 2013, can come into force before the European elections in 2019. How could it make itself felt in the Port of Hamburg?
HoogTij to Build Deep-sea Quay
The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer. HoogTij is divided into two parts: a site reserved for port-related companies (the maritime section) and a site intended for land-based companies (the land section). The total area can accommodate 130 hectares of business activity. HoogTij is a project initiated by the Municipality of Zaanstad, Port of Amsterdam and Ontwikkelingsbedrijf Haventerrein Westzaan (the Haventerrein Westzaan Development Company).
Great Lakes Shipping Supports 237,000 Plus Jobs
The new study by the Department of Transportation Great Lakes - Saint Lawrence Seaway says that shipping supports more than 237,000 jobs and billions in economic activity.A year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system is a definitive and detailed report documenting the many contributions made by the Great Lakes Seaway system to federal, state/provincial and local economies.The study reports that in 2017 maritime commerce supported: 237…
China Will Hit Back After New US Tariffs
China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods.China's commerce ministry said on Wednesday it was "shocked" and would complain to the World Trade Organisation, but did not immediately say how it would retaliate. In a statement, it called the U.S. actions "completely unacceptable".The foreign ministry described Washington's…
DP World, China Signs Agreement to Boost International Trade
An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.DP World will be building the ‘Traders Market’ within the Jebel Ali Free Zone Area located in Jafza South next to the Dubai Expo 2020 site.The market will include clusters of traders from all over the world, offering a wide range of products at one site.
Carnival Corp Meets CO2 Reduction Goal
Carnival Corporation, the world's largest leisure travel company, released its eighth annual sustainability report, announcing that in 2017 the company achieved its 25 percent carbon reduction goal three years ahead of schedule and is on track with its nine other 2020 sustainability goals.Looking to the future, the company continues to chart its sustainability journey, using the United Nation's 17 Sustainable Development Goals as a framework to identify new environmental management…
Chinese Imports to US Ports Peaking Early
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc and Amazon.com face uncertainty due to U.S. President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs"…
ABB Accelerates Logistics Growth with Acquisition of Intrion
ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the warehouse and distribution, food and beverage, and pharmaceutical industries.Its expertise covers a full spectrum of logistics automation solutions including inline checking, product picking, packing, palletizing, conveying, storage, sorting and sequencing, and order picking.
Maersk: India Recording a 14% Upturn
India´s containerized trade with the BRICS´ nations trademarks a rise of 14 percent. Export trade from India to Brazil, China, Russia and South Africa in Q1 2018 increased 7,5 percent YOY from same period last year. South Africa turned to be Indian´s top trade partner.BRICS EXIM trade registers steady growth of 1.5 percent in Q1 2018 compared to Q1 2017. “Last year, the BRICS´ joint contribution to the world economy was 23.6 percent, and according to the International Monetary Fund’s predictions this is set to rise to 26.8 percent by 2022.
Eurotainer Appoints APM Terminals as Agent for Argentina
Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in Argentina.APM Terminals serves the Argentinian market through five strategically located Inland Service Depots located in key markets along the full length of the country. The company offers equipment lifecycle management, transportation services and cargo support.The company's Puerto Deseaso Depot has an established…
House Approves Save Our Seas Act
New legislation approved by the U.S. House of Representatives on Wednesday aims to address maritime transportation safety issues raised by the El Faro sinking, promote the U.S. Coast Guard’s awareness of technologies that could help improve service mission performance, and reduce marine debris.The Save Our Seas Act (S. 756), which was approved in the House by voice vote, combines several pieces of bipartisan legislation recently approved by the Transportation and Infrastructure Committee.
Cruise Industry Embraces Transcritical CO2 Technology
International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with P&O Cruises, part of Carnival Corporation & PLC.The green refrigeration technology has already been installed on board P&O Cruises 2,000-passenger ship Arcadia, where it will deliver the energy-efficient cooling supply for all of the ship’s food and beverage refrigeration units. Discussions between GEA and P&O Cruises are ongoing with a view to rolling out the state-of-the-art transcritical CO2 refrigeration plants to additional cruise ships in the existing fleet…
Carnival Plans $200 Mln Cruise Ship Makeover
Carnival Cruise Line will spend nearly $200 million on a major makeover of the 1999-built Carnival Triumph. The bow-to-stern renovation will add a number of new Carnival branded food, beverage and entertainment options, as well as updates to all staterooms.The nearly 20-year-old ship will enter drydock in Cadiz, Spain for a two-month-long refurbishment staring March 1, 2019. Afterwards, the ship will join Carnival’s Sunshine class and will be named Carnival Sunrise.Christine Duffy…
IMO Workshop on Secure Shipping in Asia
Shipping forms the backbone of world trade, transporting around 80% of global trade by volume. No other method of mass transportation is as cost-effective or fuel-efficient.Each day, around 50,000 merchant ships deliver the things people need and want – from food, to clothes, fuel, raw materials, electronics, medication and more. The security of maritime trade is therefore paramount to people all over the world.One way in which International Maritime Organization (IMO) supports maritime security is through targeted workshops supporting countries to implement IMO measures.
Tanker Rescues Fishermen Who Had Been Adrift for Weeks
A 600-foot product tanker rescued four fishermen who had been adrift for more than 20 days approximately 350 miles southeast of Acapulco de Juarez, Mexico on Sunday, June 3, 2018.U.S. Coast Guard officials received a notification from the Amver participating tanker Torm Resilience that the crew located a fishing vessel with four people aboard. The fishermen stated they had been dropped off by a larger vessel more than 20 days ago and had run out of gas, food and water. The Torm…