China busts $770 million refined oil smuggling ring in massive swoop

China is Asia's biggest refiner and consumer of oil products such as gasoline and diesel. Customs authorities described the swoop as "one of the most extensive operations“ to combat refined oil smuggling along China's southeast coast in recent years, in terms of area


Container freight rates soar on consumer goods boom

Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic


UN approves extra steps to curb emissions

The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part of efforts to reduce the industry’s carbon footprint


Top global traders push to cut shipping emissions

Some of the world’s biggest commodities and energy players launch an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry’s carbon footprint

International relations

Greece and Tunisia sign shipping deal

Greece and Tunisia will sign an agreement on maritime transport. The agreement will be signed on the occasion of the visit to the African nation by the Foreign Minister of Athens, Nikos Dendias


Hapag-Lloyd to halt waste shipments to China

German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from Sept. 1 onwards to comply with new legislation

CO2 emissions

Shipping 2030 climate goals "too weak"

The international shipping and aviation sectors’ 2030 climate targets are too weak and their emissions are on course to reach dangerous levels despite the impact of the COVID-19 pandemic


Denmark says $8 bln tunnel link to Germany will begin construction in January 2021

The entire project is estimated to cost 52.6 billion Danish crowns ($7.6 billion) in 2015-prices, according to the Femern Belt Development fund. In March, EU state aid regulators approved Danish financial support to the project, saying that the positive effects of the project would clearly outweigh any potential distortion of competition


Gnv, another ferry could be turned into a hospital

"There is no longer any reason - the governor continues - to unload the organizational weight of placing hundreds of immigrant people on the structures of Sicily, ready to disembark on the Sicilian coasts in the next few days, victims of unscrupulous human vendors"


U.S. Navy chief says fired ship captain may have been "stupid"

Modly relieved Captain Brett Crozier of his command of the Theodore Roosevelt on Thursday after the public leak of a scathing letter in which Crozier called on the Navy for stronger action to halt the spread of the virus aboard the nuclear-powered aircraft carrier

Another victim

Sailor dies aboard oil tanker moored off Venezuela

A sailor aboard an oil tanker anchored off Venezuela’s coast died on Saturday, three people with knowledge of the incident said, marking the second death in less than a week involving personnel aboard ships serving the crisis-stricken OPEC nation

IMO 2020

New LNG bunkering simulator to raise safety onboard

The technology group Wärtsilä is launching its new LNG Bunkering & Supply System simulator. The simulator will promote greater safety onboard LNG fuelled vessels by improving the level of training for operators of LNG systems

The research

Outlook for container market remains modest

Despite the welcome boost of the ‘phase one’ trade agreement signed by the US and China, much more work is needed to be done to secure a more permanent trading arrangement between two countries


Suez Canal Economic Zone to set up investment arm

Egypt wants to create an investment arm to channel funds to projects along the Suez Canal to take advantage of proximity to one of the world’s busiest shipping lanes, the chairman of The Suez Canal Economic Zone said

Freight transportation

The U.S. announce nine new Marine Highway projects

The U.S. Department of Transportation’s Maritime Administration, the governmental agency that promotes waterborne transportation, announced more than $7.5 million in grants to nine Marine Highway projects


Sixteen seafarers detained by Iran "not Malaysians"

On 30 December 2019 Iran’s Revolutionary Guards has detained a tanker for allegedly smuggling marine fuels, together with the 16 crew members on board and its cargo of 1.3 million litres of fuel oil


Delivery date for Carnival's LNG powered ship delayed

The cruise line Carnival Cruise Line has to cancel some trips of its planned new building "Mardi Gras". The reason is a late delivery from the Meyer Turku shipyard, which is probably related to LNG technology 

Pollution and rules

New mixes emerge as shipping fuel ahead of IMO 2020

With a week until the implementation of IMO rules that will slash the permitted level of sulfur in marine fuels, shippers appear to be favoring very low-sulfur fuel oil mixes over distillate fuels.  

China firms stock up cleaner shipping fuels overseas

Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany’s Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan. 1.

sea transport

HK reserves right to assist Iranian oil shipment

Hong Kong - The government of Hong Kong has rejected a warning from the U.S. Department of State that it could be penalized if it does business with a specific tanker, the “Pacific Bravo”, which is believed to be under way for China

sea transport

China state media sees positives in trade talks with U.S.

New York - Chinese state media struck an optimistic note on trade talks between Chinese and U.S. officials after U.S. President Donald Trump threatened to impose tariffs on up to $150 billion in Chinese goods over allegations of intellectual property theft.

sea transport

Panama Canal expects LNG tanker traffic to rise 50 pct

Panama City - Demand for LNG has taken off in recent years because of abundant supplies of natural gas, especially from United States shale fields, and because natural gas is a cleaner burning fuel than coal or oil.

sea transport

RINA certifies first LNG cruise ship

Genova - The RINA Group will handle the certification of the “Costa Smeralda”,the new flagship of the Costa Crociere fleet which is under construction at the Meyer Turku shipyard in Finland. Massimo Volta,the company’s Operational Director for Europe, the Middle East and Africa, made the announcement