EU Regs on Ship CO2 Reporting Complicates IMO Agreement
ICS Concerned that EU will Preempt IMO CO2 Negotiations. The global trade association for shipowners – the International Chamber of Shipping (ICS) – is disappointed and concerned that the European Union is about to pre-empt negotiations taking place at the International Maritime Organization (IMO) on the collection of data on CO2 emissions from ships, by unilaterally adopting a regional Regulation which will apply to non-EU flag vessels, as well as ships registered in the EU.
World’s Largest Boxship is DNV GL classed
CSCL Globe, the world’s largest containership and the first of a series of five 19,100 TEU containerships ordered by China Shipping Container Lines (CSCL) in 2013, has been named at Hyundai Heavy Industries (HHI) in Ulsan, South Korea. All of the vessels in the series will be constructed to DNV GL class. “At DNV GL, we are very honoured to be part of this project. CSCL Globe represents not only the largest, but one of the most energy efficient containers vessels in the world.
Asia VLCC Rates Could Could Climb Even More
Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes could…
New Players in Singapore Markets in OW's Absence
The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share towards…
NATO Unconcerned by Russian Warships in English Channel
A squadron of Russian warships entered the English Channel on Friday but a NATO official dismissed a Russian media report that they were there to conduct military exercises.
Japan Military Wants China "Crisis Management" Pact
Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands.
Asian Airlines Pause Before Hedging on Fuel
Oil fell to four-year low of $72 on Thursday; Airlines hope the price will slip below $70 a barrel. Airlines in Asia-Pacific are holding off from hedging their fuel…
USCG Medevacs Man From Sailboat off NC Coast
The Coast Guard medevaced an injured 62-year-old man from his sailboat Thursday approximately 100 miles east of Kill Devil Hills. Watchstanders at the Fifth Coast…
Findland Fairway Due Law
Financial impact on cruise lines, especially on those who have several calls during a season, is considerable.
ESSA's Fleet Upgradation Environmental Driven
State-controlled Exportadora de Sal SA de CV of Mexico ("ESSA"), one of the world’s largest salt exporters with a 10-million-ton annual production, has strengthened…
PSA Chairman Receives Belgium Award
On 27 November 2014, PSA Group Chairman Fock Siew Wah was conferred the national distinction ‘Commander of the Order of the Crown’ from His Majesty King Philippe of Belgium for his merit…
MSC Magnifica Completes Drydocking at Damen Shiprepair
After a very fast and successful 17-day drydocking the cruise ship MSC Magnifica left Damen Shiprepair Rotterdam (part of Damen Shiprepair & Conversion) for Hamburg…
Rolls-Royce Bags £12 mi Order from Myklebusthaug Management
Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vessel…
DNV GL “Modification Excellence Award” for Schiffahrt
Classification society DNV GL recognised that E.R. Schiffahrt has retrofitted seven ultra large container vessels to meet the highest energy efficiency standards…
Sulphur Regulation Enforcement Support Gathers Momentum
Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations, broadens its platform as some of Germany’s and Denmark’s…
High Seas Becoming Less Secure
Despite the significant reduction in piracy attacks over the last few years it is now widely accepted by the maritime community that the safety of the High Seas…
Kleven Wins New Yacht Contract
Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart…
EU Regulation on CO2 Reporting a Setback for ICS Efforts
place at the International Maritime Organization (IMO) on the collection of data on CO2 emissions from ships, by unilaterally adopting a regional Regulation which will apply to non-EU flag vessels…