Shipping companies should keep an eye out for four red flags, which increase the risk of breaching sanctions against North Korea, Iran and Syria. The US is keeping a close eye on shipping, lawyer tells ShippingWatch.
It is a bad idea to use armed security guards on vessels sailing through the Gulf of Oman, warns the ICS. The consequences of a gunfire exchange could be severe.
Blue Water will never be sold, asserted founder Kurt Skov to ShippingWatch. The detainment of vessel Grace 1 (photo), OW Bunker and a fine for Total also drew headlines this week.
By 2050, the UK shipping sector must be emission-free, and starting 2025, new ships built for UK waters should be able to sail without emitting any GHG, according to a climate action plan set forth by the British government. Subsidies are also on the table.
The Danish Parliament's parties will, after the summer break, be summoned to a discussion about the spill of chemicals in the North Sea.
The US and China had a phone call on Tuesday to discuss a new trade agreement, says White House Economic Advisor Larry Kudlow.
French oil company Total, which acquired Maersk Oil in 2018, has been fined USD 75,000 for Maersk Oil's emission of environmentally harmful chemicals into the North Sea from 2014 to 2017.
The company introduces surcharge on delivering goods sailed through the Strait of Hormuz for customers.
HMM left 2M, Maersk was joined by competitors in Tradelens, and a tanker now under suspicion for breaching sanctions against Syria was detained in Gibraltar. Blue Water, DFDS, Svitzer and EU emission figures also featured in the past week.
With trade sanctions on states such as Iran and Venezuela, there is increased scrutiny on the tricks being used to let commodities flow to and from blacklisted countries. Get an overview below.
Total CO2 emissions by ships calling at European ports in 2018 were more than 18 million tons lower than the EU Commission and EMSA first reported when they released the so-called MRV system earlier this week.
For the first time, the EU Commission has made public the amount of CO2 emitted by ships sailing in European waters in 2018.
The city council in Los Angeles unanimously vetoes the approval of APM Terminal's digital port project. Especially local longshoremen have criticized the project which would lead to automation.
Friday, the EU and four countries in the South American Mercosur bloc agreed on a drafted trade agreement.
Saturday, the US and China agreed to restart negotiations of a trade deal. US President Donald Trump furthermore promised not to introduce new tariffs right now.
The OPEC+ alliance is set to extend output cuts into 2020 as the world's leading oil exporters worry about the weakening outlook for global demand and the rise in US shale outputs.
Former BW Group CEO Carsten Mortensen will head a new investment fund, he announced in a week when several shipping companies are still waiting the Gulf of Oman. And the CEO of Dan-Bunkering's parent company commented on the Syria case.
Donald Trump and Xi Jinping might be headed back to the negotiation table in connection with the G-20 summit in Japan. "It's possible we're going to make a deal, but I'm also very happy where we are now," Trump tells Fox Business Network.
A new study by the Swedish Environmental Research Institute has tested wash water from open-loop scrubbers. The tests show that untreated wash water from open-loop scrubbers contains significant levels of pollution and is harmful to the marine environment. Researchers behind the study express concerns about the long-term consequences.
If EU Commissioner for Transport Violeta Bulc has her way, the container sector's consortia block exemption regulation should be extended, she says in an interview with ShippingWatch. The regulation gives liner companies certain competitive edges, and it is currently being reviewed.
With a new plan of action, the Norwegian government will work to reduce the emission of greenhouse gases from the country's shipping sector by 50 percent already in 2030 – two decades before the target set by the IMO comes into force. But the plan includes too few concrete initiatives, say critics according to Sysla.
Maersk is ready to partially sail on cooking oil in its effort to become CO2-neutral. Clothing group H&M is the first customer on board to use the ships sailing on the new fuel mix.
Banks are not the only players starting to demand shipping companies do more in terms of the climate. Customers and investors have also started making greater demands, shipping companies such as Golden Ocean and Eagle Bulk tell ShippingWatch.
The cost of producing hydrogen from renewable sources could go down significantly from 2030, according to a new report from the International Energy Agency. Ports could play a key role in scaling up the use of hydrogen globally.
According to a study, ammonia is a viable fuel alternative in shipping's climate change mitigation efforts. From 2030, tankers may be able to sail on the ammonia they transport themselves, the company behind the report tells ShippingWatch.
Technical Superintendent - UltraShip
Contract Manager for fuel purchase - Hofor
Executive, Operations - BW LPG
