The Vessel Incidental Discharge Act (VIDA) - Immediate Implications of the New Law
This week, on December 4, 2018, President Trump signed into law the Vessel Incidental Discharge Act (VIDA): Title IX of the Frank LoBiondo Coast Guard Reauthorization Act of 2018.VIDA establishes a new framework for the regulation of vessel incidental discharges, adding a new Clean Water Act (CWA) Section 312(p): Uniform National Standards for Discharges Incidental to Normal Operation of Vessels. The U.S. Environmental Protection Agency (EPA) and the U.S.
Strong Capesize Rates lift Baltic Index to One-month High
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the fourth straight session to touch a one-month high on Friday, boosted by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 33 points, or 2.5 percent, to 1,372 points, a peak level since Nov. 6.The capesize index surged 5.6 percent, or 117 points, to 2,197 points.
Daewoo Shipbuilding Rallies on Newbuild Order, BlackRock Investment
Shares of Daewoo Shipbuilding & Marine Engineering Co Ltd rise as much as 3.8 pct.The South Korean shipbuilder says it has received a new order worth 444 bln won…
Coast Guard Commandant Optimistic About Icebreaker Funding
The United States may soon get funding for a new heavy icebreaker ship, the head of the U.S. Coast Guard said on Thursday, as global warming spurs the race to stake out the Arctic, which is rich in oil, gas, and minerals.The United States has two operational icebreakers - a heavy one, the Polar Star, which is more than 42 years old and has outlived its life expectancy by a dozen years, and a medium one…
The Last Mediterranean Refugee Rescue Ship Ends Operations
The last refugee rescue ship working in the Mediterranean Sea, Aquarius, has ended her operations, French NGO Medecins sans Frontieres said late on Thursday, blaming…
MHI Vestas Confirms Scotland Offshore Wind Order
MHI Vestas Offshore Wind will supply 100 turbines for the 950-megawatt (MW) Moray East offshore wind farm in waters off the northeast coast of Scotland.Under the contract…
FSL Trust Orders Two LR2 Tanker at Cosco yard
Singapore-based First Ship Lease Trust (FSL Trust) Management has entered into a letter of intent with China’s Cosco Shipping Heavy Industry (Yangzhou) to order two LR2 product tankers…
Goliat Field Vessel Switches to Battery Power
Norwegian subsidiary of Italian oil company Eni Norge AS and Stavanger shipping company Simon Møkster Shipping cut fuel consumption on the vessel Stril Barents in…
California: MSC Pays $630K for Air Quality Violations
Swiss container shipping company Mediterranean Shipping Company (MSC) paid $630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean…
Höegh LNG Takes Delivery of Ninth FSRU
Bermuda-based floating liquefied natural gas (LNG) company Höegh LNG Holdings took delivery of Höegh Gannet, its ninth floating storage and regasification unit…
ITF Warns on Tug Captains Fatigue at Panama
The International Transport Workers' Federation (ITF) warns that a major accident on the Panama Canal could be imminent, highlighting the serious health and safety…
Fincantieri Built Carnival Panorama
Fincantieri's Marghera shipyard in Venice launched the Carnival Panorama, a sister ship of the 4,000-passenger Carnival Vista and Carnival Horizon.The the largest…
ADNOC, Inpex in LNG Bunkering Pact
ADNOC Logistics & Services (ADNOC L&S), a wholly-owned subsidiary of UAE's ADNOC, has signed an agreement with Japan's Inpex Corp to collaborate on LNG bunkering activities.Under the agreement…
Ukraine Accedes to International Convention on Load Lines
Eastern European country Ukraine has acceded to an important International Maritime Organization (IMO) ship safety treaty – the 1988 Protocol relating to the International…
LR Launches Cyber Resilience Service
Lloyd's Register (LR), one of the leading global providers of engineering and technology-centric professional services, announced that it is partnering with AXELOS…
Rotterdam’s Waalhaven Harbour to Focus on Breakbulk Sector
The recently signed smart carrousel plan in the Waalhaven is expected to give breakbulk and heavy cargo companies space for further growth in Rotterdam’s Waalhaven.In…
Princess Royal Addresses Maritime Safety Committee
Anne, Princess Royal, visited International Maritime Organization (IMO) Headquarters in London (5 December).The Princess Royal was received by IMO Secretary-General…
Crowley Logistics Adds 400 New Reefer to its Fleet
Florida-based Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables…
Kolkata-Patna: India's Second Inland Container Cargo Sector
Patna, capital of Indian state of Bihar, will witness a new landmark in the country’s Inland Water Transport (IWT) sector with 16 TEUs of container cargo (equivalent to 16 truckloads)…
IMO Highlights Greenhouse Gas Strategy
International Maritime Organization (IMO) is at the UN climate change conference (COP 24) in Poland, highlighting key elements of the Initial IMO Strategy on reduction…
