Seoul - South Korea’s Ministry of Oceans and Fisheries has begun its “Vessel Speed Reduction Program” as an effort to reduce fine dust from ships
London - European diesel refining profit margins have tumbled as a slowing global economy has hit fuel demand harder than forecast despite expectations of a boost from new fuel shipping rules
London - Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades
Lübeck - German shipping company Oldendorff has joined the Getting to Zero Coalition
Paris - Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refuelling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total
London - Exchange operator CME Group said on Tuesday it would be the first futures exchange to launch trading of three liquefied natural gas (LNG) freight futures contracts on Dec. 23
London - Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years
Copenhagen - Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg based freight only ferry operator CLdN Cobelfret
Hamburg - The vast majority of ships in the German fleet will run on the new sulphur-reduced fuel from 1 January at the latest
Oslo - MPC Container Ships reported for the 9 month period ended 20 september 2019 a minus 11,435 million dollars loss, but the company foresees attractive opportunities and charter rate recovery potential in a IMO 2020 environment
Copenhagen - A group of world leading shipping companies, ship builders, and the mining company Vale, have teamed up with Denmark based Maritime Development Center to develop an on-board carbon capture and storage solution
Newport - Associated British Ports (ABP) has invested £2.3 million - 2.7 million euros - in a new energy efficient crane to benefit customers at the Port of Newport
Copenaghen - The European offshore wind industry needs an area equivalent to the size of Ireland to install enough turbines to reach carbon neutrality by 2050
Beijing - Chinese authorities have unveiled a guideline to further develop intelligent shipping as a new business model, writes Xinhua, the official state-run press agency of the People’s Republic of China
Antwerp - Seven major players have joined forces in Belgium to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels
Livorno - Eight months after the fire that led to the sinking of the “Grande America”, flames break out again on a Ro-Ro cargo ship from the same Italian shipowner. This time, the fire has been extinguished.
Houston - Shortages of low-sulfur fuel oil could appear at some ports in Africa, South America and Southeast Asia next year, but most major ports around the world will have adequate supplies
Los Angeles - The Ports of Los Angeles and Copenhagen Malmö Port have entered into a five-year memorandum of understanding to collaborate on sustainability and environmental issues
Xiamen (China) - The Volkswagen Group has held the naming ceremony for two ships that will sail with LNG
Helsinki - Kalmar, part of the Finnish company Cargotec, is to supply leading Turkish equipment rental company Maktas with a total of six Kalmar Eco Reachstackers
