Economic growth around the world is decreasing, and various governments, including Germany, China and South Korea, have announced stimulus packages to boost their economies. In fact, the International Monetary Fund expects global GDP growth to slow from 3.6% in 2018 to 3.3% in 2019, before returning to 3.6% in 2020.
During the 10th Clean Energy Ministerial (CEM10) meeting, a new global international hydrogen partnership was announced under the leadership of the United States, Canada, Japan, the Netherlands and the European Commission with participation of several other CEM member countries.
Sri Lanka, Japan and India are going to collaborate with the goal of developing the Colombo South Port’s East Container Terminal (ECT) in Sri Lanka. The governments of the three countries signed a Memorandum of Understanding (MoU) on Tuesday, May 28, representing the good relations amongst the participants.
Two crewmembers are confirmed dead and two more crew members are unaccounted for, after two Japanese cargo ships collided off the coast of Chiba Prefecture, east Japan, in the early morning hours of Sunday. All four crew members aboard the Sumiho Maru, based in Kure, Hiroshima Prefecture, were safe.
Japan has approved ratification of the ‘International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001’ and the ‘Nairobi International Convention on the Removal of Wrecks, 2007’. Japan also amended the ‘Act on Liability for Oil Pollution Damage’ (the Act) in order to reflect the provisions of the two conventions. The amended Act will apply by March 2020.
One crewman is confirmed dead and three more crew members are unaccounted for, after two Japanese cargo ships collided off the coast of Chiba Prefecture, east Japan, in the early morning hours of Sunday. An oil spill was also confirmed at the scene.
The governments of Japan, India and Sri Lanka signed a deal to develop a terminal at the Port of Colombo, aiming to meet the development of the Indian Ocean to the world trade, as Nikkei Asian reports. The three countries will develop the East Container terminal, located at the south part of the port of Colombo, which was recently expanded.
NYK Cruises informed that the cruise ship Asuka II, the largest cruise vessel carrying the Japanese flag, will undergo works at the Sembcorp Marine Admiralty Yard in Singapore from the middle of January 2020, during which it will be retrofitted with a scrubber. Earlier during 2018, NYK Line had announced that it has secured a USD 80.65 million syndicated loan agreement with MUFG Bank Ltd., with the aim to install scrubbers.
Japan Transport Safety Board informed that it launched 922 investigations in 2017. The majority of these cases included collisions, while 1,199 vessels were involved in the accidents, most of which were fishing vessels and pleasure boats. Of the 922 investigations launched in 2017, 216 were cases of collision, 182 cases of grounding; 138 cases of fatality/injury; and 104 cases of contact.
Class NK accredited in late March a training program for seafarers responsible for LNG and other low-flashpoint fuels on board NYK Group-operated ships, making the NYK the first Japanese shipping company to obtain an international institution’s certification in the field of IGF Code training.
