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New EU project to ease circular economy initiatives at EU ports

On 18 October, 13 partners from 6 EU Member States conducted the kick-off meeting of the European LOOP-Ports project in Valencia, aimed at easing the transition to a more circular economy in the port sector, where products, materials and resources are maintained in the economy for as long as possible.

WEF: Top 10 global competitiveness countries

The World Economic Forum issued the 2018 edition of its Global Competitiveness Report, marking a milestone with the introduction of the new Global Competitiveness Index 4.0. The report identifies the US, with a competitiveness score of 85.6, as the closest economy to the frontier, the ideal state.

2018 could be a record year for container production

For the past 18 months leasing companies and transport owners were challenged by the improvement in container demand last year. So, serious investment was needed if a container shortage was to be prevented. That is now wearing off and 2018 can be a record year for container production.

ENMC: Brexit should not disrupt ports and European supply chains

The members of the European Network of Maritime Clusters have unanimously agreed, during the annual meeting held in Malta, that the Brexit deal must minimise disruption at ports and to the complex European supply chains. In order to achieve this, negotiations need ‘calm heads and a sharp focus’.

China, Netherlands jointly call for free trade

In a joint press conference in the Netherlands on Monday, Chinese Premier, Li Keqiang, and Dutch Prime Minister, Mark Rutte, called for global efforts to support and promote free trade and safeguard multilateralism to tackle the current and rising challenges facing the world.

Preparing for the new lease accounting standard in shipping

The new lease accounting standard, IFRS 16 Leases, comes into effect on or after 1 January 2019, and shipping companies need to make sure they have assessed its implications, Moore Stephens advised. IFRS 16 has the biggest impact on lessees, for whom it removes the distinction between an operating and a finance lease.

EU approves Denmark’s tonnage tax scheme extension

The European Commission has approved the extension of the current Danish tonnage tax scheme to additional types of vessels. This aims to encourage ship registration in Europe and contribute to the global competitiveness of the sector without distorting competition.

Container traffic across Pacific increases in spite of trade war

US tariffs to China have affected trade volumes, but not in a negative way. Namely, container traffic across the Pacific has increased, with container ships being full. This situation is possible that will not last, but exports from south Asia may continue their increasing trend.

ONE, Hapag-Lloyd collaborate on feeder trades

ONE and Hapag-Lloyd have established a Bilateral Strategic Feeder Network Cooperation Agreement, joining forces on feeder services. This agreement has already started on the first trades. Initially, the cooperation will cover specific Intra-Europe and Intra-Asia feeder trade lanes.

European Shippers disapprove mechanism of surcharges ahead 2020

European Shippers’ Council (ESC) announced it disapproves the mechanism of surcharges that shipping liners launch to cover the higher rate of lower sulphur fuel, calling for a dialogue with container liners, like Maersk, MSC and CMA CGM, to find the best mechanism to share the costs.

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maritime events

Alerts Casualties Loss Prevention Maritime Health Regulation Safety Seafarers Security
ferry and container ship collision
Oil washed at French Riviera after ferry and container ship collision
east port said
Egypt reduces fees for ships arriving at East Port Said
sulphur cap
US wants a phase-in implementation of 2020 sulphur cap
Arctic Ballast Emissions Fuels Green Shipping Pollution Ship Recycling Technology
ghg emissions
GHG emissions in US reduced by 2.7%
emissions
IEA: Energy efficiency policies can reduce GHG emissions by 40%
fuels
EIA: US manufacturers’ ability to switch fuels decline
Connectivity Cyber Security E-navigation Energy Efficiency Maritime Software Smart
stm validation
Tallinn becomes new shore centre for STM Validation Project
port of riga
Port of Riga signs agreement for better use of digital solutions
data assurance
IACS: Data assurance of computer-based systems onboard
CIC Detentions Fines PSC Focus Vetting
ships detained in UK
Foreign-flagged ships detained in UK during September
smuggling
Smuggling and ship detentions
houthi holding ships
Houthi militia holding 10 vessels in Port of Hodeidah
CSR Shipping Sustainability Women in shipping
female captain
BW LNG announces first woman Captain onboard LNG carrier
sustainable shipping companies
Italy proposes tax ease for sustainable shipping companies
women in ports
IAPH Women’s Forum: Pushing the agenda for women in ports
Finance Fishery Infographic Maritime Knowledge Offshore Ports Reports Shipbuilding Short Sea Yachting
port of savannah
Port of Savannah’s container trade up by 12%
port of vancouver
Port of Vancouver announces end of cruise season
offshore wind
US focuses on offshore wind with three key projects
sulphur cap
ODME bypass criminal prosecutions: cause for concern or more of the same?
safety in shipping
Steps to creating safety
us navy develops ship coating
Jotun: Key considerations when choosing antifouling coatings
smuggling
Smuggling and ship detentions