GMS Predicts Difficult 2025 for Ship Recyclers
As global ship recycling markets head into the final month of the year on a comparatively firmer footing and a 2024 full of minimal sales and activity wraps up, cash buyer GMS says that noteworthy declines in prices have seen nearly USD 150/LDT wiped from sub-continent ship recycling levels.“Q1 2025 doesn’t seem as though it is ready to greet the ship recycling industry with its customary January / Q1 vigor,” says GMS.
NZ Union Opposes Resumption of Live Export
New Zealand’s Maritime Union, representing both seafarers and stevedores, has voted to oppose the proposed resumption of live animal exports.A ban was implemented by the previous government after the Gulf Livestock 1 capsized in 2020 leaving 41 crew and 6,000 cattle missing.Maritime Union of New Zealand National Secretary Carl Findlay says the Union confirmed its opposition to live animal exports at its National Conference in November 2024.He said the world is moving away from live exports…
INTERTANKO Elects New Managing Director
INTERTANKO’s Council of Members has confirmed that Tim Wilkins is to succeed Katharina Stanzel as Managing Director from January 1, 2025.Stanzel has served as Managing Director since 2012, representing the interests of independent tanker owners worldwide and championing the role and reputation of the tanker industry as a vital and responsible partner in the global energy supply chain. She has been driving collaboration and partnerships between industry stakeholders…
IACS Withdraws UR H1: Control of Ammonia Releases
In light of the evolving regulatory landscape for ammonia as a maritime fuel, and the recent finalization of the IMO’s draft interim guidelines on ammonia, the International Association of Classification Societies (IACS) has withdrawn Unified Requirement UR H1, “Control of Ammonia Releases in Ammonia Fuelled Vessels.”The news comes ahead of its scheduled implementation date of January 1, 2025. IACS…
Officer’s Death Highlights Dangers of Vertical Recoil of Mooring Lines
The UK Marine Accident Investigation Branch has published its investigation report into the mooring deck accident on the bulk carrier Mona Manx that resulted in one death.The incident occurred on August 26, 2021. The second officer (2/O) of the Isle of Man registered bulk carrier Mona Manx was fatally injured when he was struck by a recoiling mooring line while the vessel was berthing at Puerto Ventanas, Chile.
Hundreds of Ukraine Port Facilities Now Damaged
Russian drone and missile attacks have damaged 321 Ukrainian port infrastructure facilities since July last year, President Volodymyr Zelenskiy said on Saturday.Twenty merchant ships belonging to other countries were also damaged by Russian strikes, he added."Overall, Ukrainian food exports provide food for 400 million people in 100 countries around the world," Zelenskiy said. "Food prices in Egypt…
170 Arrested in Coal Ship Blockade
A climate change protest off the coast of Australia's New South Wales State forced an inbound ship to turn back from the country's largest terminal for coal exports on Sunday, the port operator said.New South Wales police said 170 protesters were arrested on Sunday for refusing to move from the shipping channel near the Port of Newcastle.The port, some 170 km (105 miles) from the state capital Sydney…
