• 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 March 24

07:50 CMA CGM announces GRR from UAE to East Africa
07:48 ZIM announces 2017 results
07:44 APM Terminals celebrates its first year of working at Lázaro Cárdenas, Mexico
07:42 Stena joins a unique cooperation for climate smart transport
07:40 Sea Machines opens second office in Hamburg, Germany

2018 March 23

18:07 World's largest modularized cracking furnace delivered from Wison Zhoushan Yard
17:59 UCL Holding companies performed a unique joint project on delivery of oversize cargo (photo)
17:32 Port of Antwerp pushes ahead with onshore power for ships
17:20 IMO Tier III certification for MTU marine engines from Rolls-Royce
17:18 ABS leads industry discussion on impact of 2020 sulfur cap, cybersecurity and digitization
16:17 WMU contributes to Marine Spatial Planning Training
15:39 Vladimir Putin wins presidential election in Russia with 76.69% of votes
14:46 Court approves amicable agreement in the case on allision of Delta Pioneer tanker with a pier at Primorsk port
14:24 Work to address maritime security challenges in Africa’s maritime zones underway at a regional workshop
14:23 Samskip starts container service between Amsterdam Container Terminal and Hull
13:58 International organizations join forces in the fisheries sector
13:32 New addition to DNV GL’s Veracity platform promises to raise drilling efficiency by offering digital solution based on data from 80 000 wells
13:02 Wärtsilä to ensure the continuous operations of Hidrovias Group’s pusher tugs in South American rivers
12:35 Diana Shipping announces time charter contract for m/v New Orleans with SwissMarine
12:10 BMT teams with BAE SYSTEMS and CAMMELL LAIRD to deliver additional Type 45 Power Generation
11:49 29 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 22-23
11:30 TechnipFMC and Magma Global to enter into a strategic collaboration agreement for hybrid flexible pipe
10:55 BMT and ARES to deliver a further 9 vessels for the Qatari Coastguard
10:44 Port of Rotterdam Authority invests in Port railway line capacity expansion
10:20 Brent Crude futures price up 0.93% to $69.55, Light Sweet Crude – up 1.09% to $65
09:59 Port of Rotterdam Authority starts construction of Container Exchange Route
09:37 Bunker prices continue surging at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is flat at 1,117 points

2018 March 22

18:18 Global fuel market to remain relatively stable next week, expert says
18:03 Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M'18, up 6% Y-o-Y
17:45 Transas to return all funds received under state support programme in 2016-18
17:12 Germany based firm offers AIS vessel management tracking systems preventing IUU fishing
16:51 Investments of Tuapse Sea Commercial Port in production development totaled RUB 343 million in 2017
16:30 Rolls-Royce completes the £1.3 million MAXCMAS research project
15:59 Nitrogen deposition in the oceans needs further study
15:30 Acta Marine newbuild successfully completed sea trials
14:30 APL starts new India Pakistan Express 2 Service
14:04 RF Transport Ministry defines procedure for approval of widespread minerals production at Russia’s IWWs
13:33 Open simulation platform launches with new partners
13:12 Volga Shipping Company named “Industry Leader” in “Cargo Shipping Company” nomination
12:58 Wärtsilä Seals & Bearings joins the Green Award scheme in support of clean environment
12:48 WMU Board of Governors meets in Turkey
12:25 MAN Diesel & Turbo partners with Hyundai to build new test-engine facility in Ulsan
12:00 Workshop on prevention and control of shipping and port air emissions being developed as part of GloMEEP-IAPH partnership
11:36 19 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 21-22
11:21 Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports
11:14 Bunker prices are flat at the Far East ports of Russia (graph)
10:53 The Maritime Standard announces a special discount for the 2018 Awards
10:27 Brent Crude futures price up 0.01% to $69.48, Light Sweet Crude – up 0.09% to $65.23
10:05 Ukraine’s water transport carried 1,000 passengers in 2M’18, down 64.7%, Y-o-Y
09:41 Cargo transportation by Ukraine’s water transport grew by 41.2% to 0.3 million tonnes in 2M’18
09:19 Baltic Dry Index down to 1,117 points

2018 March 21

18:29 Wight Shipyard wins second order for fast ferry duo from Mexican ferry operator
18:16 Dorian LPG announces third Japanese financing
18:14 GasLog Partners LP announces acquisition of GasLog Gibraltar for $207 million and repayment of intercompany loan
18:04 ABP South Wales achieves new ISO 9001:2016 standard for bulk handling operations
17:42 Port of Gdansk to breathe new life into Dworzec Drzewny Quay
17:20 ABB wins contract to equip two next-generation shuttle tankers with future-proof solutions
17:13 Finnlines decides to exercise the options to lengthen two more ro-ro vessels
17:03 Throughput of Chinese ports up 4.7% to 1.45 billion tonnes in 2M’18