• 2017 November 20 18:06

    Shipping must be economically sustainable if it is to deliver on environmental sustainability, ICS tells OECD

    Addressing government trade negotiators in the OECD Working Party on Shipbuilding, at a workshop on 'green growth' in Paris today, the International Chamber of Shipping (ICS) asserted that the shipping industry could only be environmentally sustainable if it is economically sustainable too, ICS said in its press release.

    'The perennial challenge facing shipowners is overcapacity, aided and abetted by government subsidies and support measures that encourage shipyards to produce ships that are surplus to requirements' said ICS Director of Policy, Simon Bennett. 'If governments are serious about helping the shipping industry deliver on the United Nations Sustainable Development Goals, the OECD needs to reboot efforts to have a global agreement on the elimination of market distorting measures from shipbuilding. Despite being in existence for over 50 years it's disappointing that the working party on shipbuilding has still made little progress, with the last round of negotiations on a new OECD agreement having been suspended several years ago.'

    ICS also set out the progress that is being made to further improve the shipping industry's environmental performance.

    With regard to successfully implementing the UN IMO Ballast Water Management Convention, Mr Bennett said, whenever possible, shipowners should only install treatment systems that have been approved in accordance with the revised and more robust type-approval standards adopted by IMO in 2016, even though their use is not yet mandatory, in order to ensure that it would be fit for purpose in all operating conditions worldwide.

    On the 2020 global sulphur in fuel cap, ICS explained that in conjunction with other shipowner associations it is working on a proposal to IMO that the carriage of non-compliant bunker fuels should be banned in order to ensure fair competition.

    On the development by IMO of a suitably ambitious strategy for the reduction of CO2 emissions by the international shipping sector, Mr Bennett said:

    'The vision of ICS is zero CO2 emissions as soon as possible using alternative fuels and new propulsion technologies. But so long as ships are dependent on fossils fuels, IMO Member States need to be both politically and technically realistic about what can be achieved in the short term if this is to compatible with the legitimate concerns of emerging economies about the impacts on trade and their sustainable development'.




2018 October 15

12:13 Kongsberg Digital and KPMG launch new complete cybersecurity partnership for the maritime industry
11:55 Nevsky Shipyard took part in Offshore Marintec Russia
11:19 ABS leads industry discussion on digitization, safety and compliance
11:12 New shipping route links Gdansk and Scandinavia
10:51 Port of Gdansk considered as transport hub for Slovakia
10:29 Brent Crude futures price up 1.21% to $81.4, Light Sweet Crude – up 1.04% to $72.08
10:10 Tuco Marine Group to build a multipurpose first responder boat for Hovedstadens Beredskab I/S
09:53 Baltic Dry Index is up to 1,579 points
09:34 Gazprom and Shell discuss next steps in Baltic LNG project
09:15 Throughput of port Helsinki (Finland) in 9M'18 up 8.4% Y-o-Y to 11.38 million tonnes (table)
08:07 PIL terminates all calls to Iran due to US sanctions
07:06 ChainPORT hackathon held for the first time simultaneously in the ports of Antwerp and Los Angeles
06:16 Vinalines posts profit of US$900,000 in the first nine months of 2018

2018 October 14

09:19 CMA CGM announces FAK rates from Asia to North Africa
09:17 CMA CGM announces FAK rates from Asia to the Mediterranean
09:16 Port of Corpus Christi moves record tonnage in first nine months of 2018
09:12 Port of New Orleans receives Excellence Award for Master Plan

2018 October 13

09:06 OOCL fleet moves forward to meet IMO 2020 regulation
09:04 CMA CGM announces FAK rates from Asia to North Europe
08:56 Algoma announces cancellation of Croatian new build contracts
08:54 Panama Canal sets record annual cargo tonnage in fiscal year 2018

2018 October 12

18:07 Port of Antwerp on track for sixth record year
17:36 Strengthening of Kaliningrad seaway canal's embankment included in Russia’s territorial development strategy through 2025
17:08 Stena Bulk in partnership with Bay Crest Management for expansion in Asia
16:04 Groundbreaking ceremony marks start of work at DP World Berbera in Somaliland
15:52 LNG Croatia invited bids for import LNG terminal infrastructure
15:35 Azerbaijan Caspian Shipping Company continues expanding its operations in international waters
15:03 Maersk Line announces an increase in FAK rates from Far East to North Europe
14:47 Minister Berner: Finland strives to reduce emissions from shipping
14:03 CMA CGM to introduce new quarterly BAF for long term contracts from 1st of January 2019
13:44 LUKOIL commissions fifth well at Filanovsky field second stage
13:21 Ocean Network Express enters bilateral feeder network cooperation with Hapag - Lloyd
13:10 MOL consolidation service succeeds with trial of remote container tracking management device
12:28 Germany furthers support to WMU with Simulator Lab refurbishment
12:05 Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture
11:47 BPO pays a visit to the Port of Ust-Luga
11:26 Rosterminalugol exported 16 million tonnes of coal YTD
11:05 Grimaldi further boosts its freight services to Sardinia
10:54 Bunker prices continue going up at the Port of Saint-Petersburg, Russia (graph)
10:50 Port of Gothenburg starts construction of new terminal
10:30 Brent Crude futures price up 1.2% to $81.22, Light Sweet Crude – up 1.18% to $71.81
10:11 De Boer holds naming ceremony for Damen RSD WID Tug 2915 Hybrid Fregate and ASD Tug 2310 SD Papillon
10:09 Baltic Dry Index is down to 1,515 points
09:58 Damen signs for another three years as founding partner of the Nederlands Dans Theater
09:51 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)
09:33 RF Government approves plan for modernization and expansion of core infrastructure
09:14 Vimpel Shipyard launches border patrol boat of Project 1496М1 built for FSB Border Guard Service

2018 October 11

19:00 Gasum becomes 100% owner of Skangas, consolidates its position as the leading Nordic LNG provider
18:36 FLEX LNG to enter into transaction to acqure five 5th generation LNG newbuildings
18:27 Caterpillar Marine announces the latest generation of azimuth thrusters - MTA v3
17:50 Cruise ship crash, ship grounding force watchdog to act
17:27 Economic value of UK ports industry highlighted by British Ports Association
17:22 Throughput of Russian seaports in 9M’18 grew by 4% Y-o-Y to 604.2 million tonnes (detalization)
17:06 PSP Investments welcomes new investment partners to Forth Ports
16:25 Marine Recruiting Agency to train Rosmorport employees
16:08 CMA CGM reaffirms its ambition to turn CEVA into a stronger logistics leader
15:59 MSC adds new rail service in Spain
15:24 MABUX warns bunker prices may be vulnerable amid the uncertainties on both the supply and demand side
14:36 Okskaya Sudoverf shipyard upgrades its equipment
13:58 In-built oil recovery system of IB Polaris undergoing tests – Arctia prepared to offer oil recovery services