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Four car carriers fined over breach of EU antitrust rules

The European Commission found that the Chilean CSAV, the Japanese K Line, MOL and NYK, and the Norwegian-Swedish WWL-EUKOR participated in a cartel concerning intercontinental maritime transport of vehicles, and imposed a total fine of €395 million. All companies acknowledged their involvement in the cartels and agreed to settle the cases.

Economic growth to benefit shipping in 2018

The International Monetary Fund published its World Economic Outlook for January 2018 and has revised its original forecast for global growth in 2018 and 2019, up by 0.2 to 3.9% for both years. If this growth materialises, it will benefit the container shipping industry.

ECSA concerned of Indonesia’s new protectionist rules on shipping trade

ECSA expressed its opposition to a new law by Indonesia, imposing that certain commodities can only be transported for import or export by national maritime transport companies. European shipowners request EU to react upon “this violation of free trade principles”, especially in light of the ongoing FTA discussions between EU and Indonesia.

Tanker industry to face a challenging 2018

Loss-making freight rates shows that the tanker industry is currently battling. Overcapacity, weak ”trading demand” and weak OPEC output have put pressure on the conditions that usually boost long hauls, something that may result in extended losses into 2018.

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maritime events

Alerts Casualties Loss Prevention Maritime Health Regulation Safety Seafarers Security
steel plate
Following instructions vital to avoid injuries
pad
Heavy tensioner pad falls near deck supervisor
glow sticks
Glow sticks may hide chemical risks
Arctic Ballast Emissions Fuels Green Shipping Pollution Ship Recycling Technology
e waste
EU to deny citizens longer-lasting and repairable products resulting to e-waste
cop 24
IMO focuses on strategy for shipping emissions reduction at COP 24
lng
Facility to improve safety of LNG to be created
Connectivity Cyber Security E-navigation Energy Efficiency Maritime Software Smart
drones
Port of Amsterdam trials monitoring system to explore drones
lrit
Tunisia joins EU LRIT Cooperative Data Centre
Propulsion Analytics: Unlocking the benefits of ‘Digital Twin’ concept for shipping
CIC Detentions Fines PSC Focus Vetting
lng carriers
Fines on LNG carriers for cargo shortages in India
MSC
MSC pays $630K for violating air quality regulation
korea
S. Korea top court orders Mitsubishi to pay for WWII forced labour
CSR Shipping Sustainability Women in shipping
e waste
EU to deny citizens longer-lasting and repairable products resulting to e-waste
Sea Shepherd to scrap ‘M/Y Steve Irwin’
australia
Australia’s Labor Party makes inquiry to improve maritime industry
Finance Fishery Infographic Maritime Knowledge Offshore Ports Reports Shipbuilding Short Sea Yachting
port of portland
Ballpark to be created at Port of Portland’s Terminal 2
transparency in fishing
Ten principles for global transparency in fishing industry
feport
FEPORT: Consistency and coordination needed between EU policies
Magsaysay: Making maritime training attractive for the young seafarers
Propulsion Analytics: Unlocking the benefits of ‘Digital Twin’ concept for shipping
OSM Maritime: Raising awareness on cyber risks is the first step
Marlink: Securing available connectivity onboard is vital