Shipping emissions 17% of global CO2
Shipping could be responsible for 17% of global CO2 emissions in 2050 if left unregulated, according to a new scientific study conducted by European Parliament Directorate…
Tankers Versus Bulkers
It’s now more than a year since the tanker market took off. In mid-2014 tanker earnings picked up and since then have been in the $30-$40,000/day range, says a Clarksons study.
Sustainable Shipping Initiative leans on shipping ahead of COP21
The Sustainable Shipping Initiative (SSI) is stepping up pressure on the shipping industry ahead of the COP21 Climate Change Conference in Paris, says The Chamber of Shipping of British Columbia.
Bunker Fuel Market Poised 460 million tons by 2020
Transparency Market Research launched its latest study on the global bunker fuel market, in terms of revenue and volume. The report predicts that the global bunker…
Euroseas Sells C/V Marinos
Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced…
Bill on Danish Maritime Planning Submitted
The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work.
Plans to Create Rio Doce Fund
Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system…
Seaspan Implements ECO Insight solution
Seaspan Ship Management Ltd. will implement the DNV GL fleet performance management solution ECO Insight to improve their fleet monitoring. ECO Insight will also…
New Appointments at Becker Marine Systems USA
Becker Marine Systems USA continues growth in North America. Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct Energy…
Panama-Registered Ship Sinks off Vigan City
A Panamanian cargo vessel MV Fortune Life sank off the coast 130 nautical off Vigan City in Ilocos Sur, Philippine Coast Guard (PCG), uthorities said. The Coast…
Polish Cargo Ship SZAFIR Attacked off Nigeria
Pirates operating off the coast of Nigeria have taken hostage five Polish sailors, including the captain and officers, from the Polish general cargo ship Szafir.
IMO Assembly Elects New 40-Member Council
Category (a) 10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation…
DP World, SCA Pact for Ain Sokhna Port Development
Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport…
BIMCO Signs New LNG And Shipbuilding Supervision Contracts
The twice yearly meeting of BIMCO’s Documentary Committee took place in Hamburg on 19 November. In his first meeting as Chairperson of the Committee, Belgium’s Francis…
SCCT Prepares to Boost Vessel Traffic with 24-hour Access
A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.
North Korea Submarine-Launch Missile a Flop Show
North Korea apparently failed to launch a ballistic missile from a submarine in a sign that Pyongyang has yet to master the technology, Yonhap news agency quoted a government official as saying.
Windrock Names Kelleher Global Business Development Manager
Edward P. Kelleher will be assuming the new role of Global Business Development Manager – Diesel, effective December 1st. In this role, Mr. Kelleher will be leading…
Canada to Aid Developing Nations Fight Climate Change
Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming, which…
Sandra Weakens to Tropical Storm off Mexico's Coast
Hurricane Sandra weakened to a tropical storm on Friday and was expected to continue losing strength as it approached Mexico's Pacific coast, the U.S. National Hurricane Center (NHC) said.
Gates to Launch Mega Clean Tech Initiative
Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative on Monday, the opening day of the U.N. climate change summit in Paris…
