The agreement should keep tanker and bulker orders in check, while increasing the risk of a future carbon tax on container shippers.
Insurance and risk management firm TT Club says “Book it right and pack it tight” provides guidance for preparing unitized consignments of dangerous goods for carriage by sea.
The International Maritime Organization and a California congressman look for strategies to lower emissions on World Ocean Day.
This week: The maritime industry celebrates its first International Day for Women, Leonard’s Express unveils its first of five patriotic trucks, and FedEx helps milk banks ship breast milk to combat the formula shortage.
A carbon price is an “essential element in any decarbonization plan,” John Butler, president and CEO of WSC, said during a press conference Thursday.
AskWaves explores the difference between measuring emissions based on what comes out of the tailpipe versus the emissions for the entire life cycle of a shipping fuel.
Shipowner associations ask, “What are we waiting for?” to accelerate research and development for zero-emission shipping technologies and fuels.
In an interview with FreightWaves, SSI Executive Director Andrew Stephens talks about zero-emission shipping fuel and sustainability challenges.
IMO 2020 and new amendments have the potential to further lower emissions for maritime freight. Carriers are using low-emission fuels, scrubbers and shore-to-ship power.
International Maritime Organization website down and CMA CGM continues investigation following ransomware attack
“It is paramount that we see progress with crew changeovers,” says The Mission to Seafarers.
‘There is an increasing risk that fatigue and mental health issues could lead to serious maritime accidents.’
International Maritime Organization warns crew change prohibitions during the coronavirus pandemic have led to a growing humanitarian crisis.
WSC says one-1,000th of 226 million containers shipped each year are lost.
Governments, container carriers and port authorities agree it’s about time communications among them were improved.
“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.
Misdeclared cargo blamed for container ship fires, including last year’s blaze on the Yantian Express.
Momentum builds for decarbonization of ocean shipping but it’s far from a done deal.
A new book places IMO 2020 in the context of a potential “third revolution” for shipping.
As carbon tax on ocean shipping appears more likely, industry lays groundwork for future collection.
From Oct. 1 new low-sulfur fuel charges are being levied by some container lines with more to follow through Q4. Use of the fuels is not mandatory until January 1, 2020.
Higher transport costs are a price worth paying to cut carbon emissions, says a U.K. government energy czar. Ship owners beg to differ.
BIMCO, ICS, INTERCARGO and INTERTANKO call on charterers, bunker suppliers and nation states to “double their efforts” to ensure a smooth transition to low-sulfur fuel.
Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.
Autonomous shipping is slowly gaining greater attention in the maritime industry, prompting more industry players to figure out where they will fit in what may be the future of ocean […]
The autonomous ship, the Yara Birkeland, will provide the blueprint for the operation of autonomous vessels on European and U.S. inland waterways.
IMO 2020, the scrapping of the shipping lines’ block exemption on alliances and new players in the market could see major changes to the container shipping market over the coming 10 years.
Current International Maritime Organization policies are not sufficiently stringent to meet mounting climate change concerns.
The Sulfur Cap and a reduction in carbon emissions are high on the agenda for the International Maritime Organization in 2019.
Delegates at the International Maritime Organization’s meeting on the marine environment have started their week long meeting that includes discussions on the implementation of the IMO 2020 sulfur cap, with […]
Momentum is building to limit the speed of ocean-going vessels to curtail harmful emissions. The debate will focus on how this could impact charter rates, and whether it could have the unintended consequence of creating even more emissions-generating ship capacity.
Tanker companies like Euronav expect to see financial benefits from impending environmental regulations, which will change the type of fuel burned at sea and could eventually limit how fast ships can go.
EIA still sees no uniform international policy on how the IMO 2020 regulation will be enforced.
BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
The Schulte Group has acquired a majority stake in TecHullClean Ltd. (THC). Schulte said in a press release that the acquisition will expand the range of its underwater ship inspection, repair and maintenance (IRM) solutions.
Autonomous shipping is moving faster than regulators can regulate with the expectation that the first fully autonomous container ship will start operations in Norwegian waters by 2020.
Costs for transporting cargo by sea could increase substantially with the introduction of emission control regulations on 1 January 2020. Precursor rules are already being enforced from this January. Regulations could push the cost of fuel and the costs associated with complex new technology significantly higher that could be passed on to shippers.
The scenario laid out by a leading energy economist is that the market needs a way to soften the blow of higher oil prices that would be spurred by the new environment rule.
New IMO regulations asking for the shipping industry to cap the sulfur content in its fuel to 0.5% would have far reaching consequences on crude oil refining and potentially send oil prices to $90 per barrel.
