2019 kicked off with the data collection on fuel oil consumption, alternative mechanisms to comply with the 2020 Sulphur cap, the EU Ship Recycling Regulation, the IMSBC Code 2017 amendment as well as amendments designating North Sea and Baltic Sea as ECAs. With many more regulations and developments still yet to come, nations from all across the globe, ship operators and crew are going through a key period because of ten major issues that will have significant impact over the next ten years in the shipping industry.
The ICC Academy in collaboration with the International Maritime Bureau, has established a specialised certificate for Non-Vessel Owning Common Carriers Bills of Lading. The programme aims to increase standards and reliability of maritime trade for active NVOCCs and their trading partners.
Output cuts in oil-rich Alberta and Saudi Arabia result to leaving heavy-crude refiners from the Gulf of Mexico to Asia in a challenging position. The Saudis are expected to mostly focus on paring output of heavy crude as they lead efforts to rebalance the global market, according to Bloomberg. Although curtailments in Canada have driven local prices at a record in almost a decade, others as Arab Heavy and Heavy Louisiana Sweet are also gaining a powerful position.
The result of the ongoing trade talks between China and the US, seems doubtful that the levels of frontloading seen at the end of 2018 will continue into 2019, according to BIMCO. Were the negotiations to fail, it would increase the possibility of tariffs to be increased in March, affecting the container shipping industry.
The video, published by Muster Station, depicts the world’s five largest cruise ships to operate in 2019. Royal Caribbean’s ‘Symphony of the Seas’ is currently claiming the title of the world’s largest cruise ship, with a capacity of 6, 780 passengers and long as 3,9 Statues of Liberty.
According to the World Bank, the January 2019 edition ‘Darkening Skies’ focuses on the economic growth that has weakened, the trade tensions remain high, several developing economies have experienced financial stress, and risks to the outlook have increased. As the report stresses, emerging market and developing economies, EMDEs, face great challenges but are expected to remain flat in 2019.
While cruise ships constitute less than 1% of the commercial vessels globally, the significance of cruise industry in tourism and global economy cannot be underestimated, with a notable total of 30 million ocean cruise passengers projected in 2019. In this regard and in view of the new year ahead, we attempted to predict key cruise trends that are awaited to shape the industry landscape in 2019 and beyond.
Nautilus International has made its list of the top ten most aesthetically challenged vessels of recent time, noting that modern ships, either having futuristic concept designs or designs to maximize cargo-carrying capacity, tend to getting ‘uglier’ in general.
On January 3, Sea Shepherd’s Apex Harmony crew saw six animals caught in Gold Coast Shark nets. The Sea Shepherd crew were monitoring the 11 shark nets and 35 drumlines off Gold Coast beaches when they noticed the Shark Control Program contractor replacing nets at Surfers Paradise beach.
The Indian Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding on Maritime issues between India and Denmark. The MoU will be signed during the upcoming visit of Denmark official to India in January, 2019.
UK Shipping Minister supports equal rights for seafarers18/01/2019
Loading of small seagoing vessels to occur at Wilhelmshaven FSRU18/01/2019
Digitalization to benefit oil and gas sector, report says18/01/2019
IMO: Guidance on ship implementation plan for 2020 compliance18/01/2019
Tallink, TalTech partner to develop smart ship solutions18/01/2019
Three stowaways found on merchant vessel off Port of Miami18/01/2019
Stena Line voyages first next-gen ferry in China18/01/2019
USCG’s only heavy icebreaker reaches Antarctica18/01/2019
ADNOC reduces its fleet emissions by 23%17/01/2019
Egypt reopens five ports due to weather improvement17/01/2019
MLC amendments 2016 on crew welfare enter into forceCasualties
Cable ship capsizes after collision with tanker in Singapore StraitsCasualties
Tanker with 12 crew disappears in Indonesian watersCasualties
Sewol survivors to receive $71,000 in compensation
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