shipping industry

Key trends and challenges for the future of shipping

During the 2019 SAFETY4SEA Athens Forum, Mr. Stavros Meidanis, DPA/CSO, S&Q Manager, Capital Ship Management Corp shared his views on how shipping will look like in 2030 even 2050, focusing on implications for ship managers in the future.

UK will not include shipping emissions in climate targets

The UK did not accept the latest recommendation from the Committee on Climate Change (CCC) to fully include shipping emissions under the UK Climate Change Act. The government said that emissions from international journeys should be addressed based on UN agreements.

Two LNG-powered tankers complete NSR passage

Two large-capacity Sovcomflot tankers using cleaner-burning LNG as a primary fuel, Mendeleev Prospect and Lomonosov Prospect, have successfully completed voyages eastbound along the Northern Sea Route (NSR).

377 vessels may operate in the US Arctic by 2030

A newly-launched report provides information on the past and present activity patterns in the northern U.S. Arctic and surrounding waters around the Bering Strait, while also projects if the number of vessels sailing in the Arctic region in the future will be increased by 2030, examining four scenarios.

Russia wants to attract shippers to Arctic, competing Suez

Russia is considering of attracting more shippers to transmit their products through the Northern Sea route, by launching a state-run container ship operator, which will cover any risks linked with transporting international cargoes via the Arctic’s icy waters, including possible delivery disruptions and higher insurance payments.

Port of Rotterdam: 1% increase in cargo handling in Q3

The Port of Rotterdam published its 2019 Q3 results, according to which it saw a 1% rise in cargo handing, after it handled 112.4 million tonnes of freight, meaning that the total of 353.5 million tonnes were transmitted up to the end of the third quarter. 

MSC may surpass Maersk as biggest ocean carrier by capacity

MSC confirmed the order of five 23,000 TEU ULCVs from the South Korean Daewoo yard, a step that will take the Geneva-based carrier’s orderbook to 16 vessels, for a massive 305,352 TEU. This new order is reportedly in line with MSC’s order for 11 ships made in 2017.

EU/IMO project to increase energy efficiency in shipping

A global network of maritime technology cooperation centres has completed an array of pilot projects over the last three years, aiming to drive forward the changes which are necessary to reduce GHG emissions from shipping.

UK Chamber of Shipping welcomes EU-UK Brexit deal

The UK and EU struck a deal on Brexit, on Thursday morning, October 17, now waiting for the British parliament’s vote, with the UK Chamber of Shipping welcoming the agreement and ensuring that they will continue to trade freely with its European partners.

300 oil tankers excluded from the shipping market following US sanctions

Reuters reports that approximately 300 oil tankers have been excluded form the shipping market because the shipping sector is afraid of breaching the US sanctions against Iran and Venezuela, even by accident. The 3% of the worldwide oil tanker fleet is out of the shipping market resulting to rates soaring to secure tankers to ship oil, particularly to Asia.

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