International Standard Organization News

In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021, and for some markets, late summer, under a Conditional Sail Order promulgated late last year by the Centers for Disease Control and Prevention (CDC).What else to do but look ahead?In preliminary earnings guidance, Carnival Corporation (NYSE: CCL)…

In order to offer a wide-ranging service to the whole market of the Philippines especially in Mindanao Island, Evergreen Line who operates the fourth largest container fleet in the world will launch the new Taiwan-Philippines Service (TPH) adding new port call at Mindanao Container Terminal in Tagoloan, Misamis Oriental. The dedicated South Philippines feeder loop will utilize two containerships with a minimum capacity of 1, 300 TEU. The first sailing of the weekly TPH service will start on October 25, 2017 from Kaohsiung, Taiwan and calls at Cebu City, Cagayan de Oro City, General Santos City, Davao City and then back to Kaohsiung, Taiwan as main transhipment hub connecting to all Evergreen's global service network.

SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI), an independent physical suppliers of marine fuel, is urging the International Standard Organization’s (ISO) working group which is currently reviewing changes to bunker fuel specifications, ISO 8217, to ensure there was a broad, cross-industry consensus for a fair and equitable revision to the Standard. Responding to recent claims that current recommendations ISO/DIS (Draft International Standard) 8217 were too lenient and in favour of the bunker supplier, Chemoil has highlighted a number of issues raised within the proposed revision that, if implemented, could trigger rising bunker fuel costs for ship operators and will increase disputes over fuel specifications.