Another consolidation in the tanker industry. US President Donald Trump will pull the US out of the Paris Climate Accord. 180 years of shipping may come to a end at Rickmers Group. News from Nor Shipping. Read this week's top picks on ShippingWatch.
US President Donald Trump. Photo: ritzau/AP/Evan Vucci
Shipowners react strongly to Trump's crusade against the climate
US President Donald Trump announced Thursday that the US will withdraw from the global Paris Climate Accord and call for the accord to be renegotiated – a decision that is deeply irresponsible and very worrying, Sturla Henriksen, CEO of the Norwegian Shipowners' Association, told ShippingWatch.
Canada's Teekay will merge its tanker carrier Teekay Tankers with its company Tanker Investments to create what looks set to become the world's biggest listed MR tanker carrier with assets totaling USD 2.4 billion.
ShippingWatch was present at Nor Shipping in Norway this week, where digital solutions and topics such as autonomous vessels, big data, and cyber security featured prominently on the agenda.
On July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.