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

Shipping

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

Shipping

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

Cruises

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

sea transport

China says issues of U.S. trade and North Korea are not connected

Beijing - President Donald Trump on Monday will order his top trade adviser to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to turn over intellectual property, senior administration officials have said.

sea transport

Puglia sets funds for dredging programme

Bari - The Puglia Region has allocated €48 million for the dredging of ports that are not under the management of port authorities. “For decades, dredging operations have not been performed in Apulian ports of regional scale. “We’ve decided to step in,” said Mr. Giannini, Regional Councilor for Infrastructure

sea transport

Maritime Transportation and E.U. Funds

Genoa - Not only short sea shipping. Brussels supports many collateral activities. Who could obtain them and under what conditions. From security to professional training.

sea transport

BHP: online platform to sink shipping costs

Singapore - BHP Billiton has launched an online system under which shippers compete to offer the best price to haul cargoes of commodities such as iron ore and copper to the mining giant’s customers. HP this week allocated its first cargo using the auction-style platform

sea transport

West Africa’s tough battle with piracy

London - Efforts to defeat piracy off the coast of Somalia have been relatively successful and it is now in decline. However, it is now on the rise in the Gulf of Guinea.

sea transport

Iran eyes Nicaragua rival to Panama Canal

Managua - Foreign Minister Mohammad Javad Zarif says Iran is interested in a massive project to build a canal across Nicaragua which will link the Pacific and Atlantic oceans.

sea transport

Big oil tankers’ need for retrofit delays use of new Panama Canal

Houston - The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected because many ships must first undergo inconvenient retrofits to transit through the new locks, shipping industry experts said.

sea transport

UN Security Council removes Libyan oil tanker from blacklist

Tripoli - The United Nations Security Council on Thursday removed from a U.N. blacklist an Indian-flagged tanker that was recently prevented from shipping oil for the rival eastern Libyan government after Libya’s U.N. mission requested the de-listing.

sea transport

Panama Canal expansion enters trial phase

Panama City - GUPC, the consortium building the new Panama Canal locks, said that in the next two months it would conduct more than 2,000 trials in the Pacific and Caribbean sectors of the expanded waterway, focusing on gates, valves, electric power and control systems.

sea transport

New doubts surface on Nicaraguan canal

Panama City - The Panama Canal has cast fresh doubt on the viability of the planned Nicaragua canal. The Panama Canal said there isn’t enough cargo to support two canals and that the price tag is far above what Nicaragua says it will cost.

sea transport

Insurer caution to slow oil tanker market’s return to Iran

London - Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has wanted.

sea transport

Amazon China approved to provide ocean freight services

New York - Online retailer Amazon.com Inc’s China division has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move which allows it to coordinate cargo shipments between China and the United States.

sea transport

Panama Canal prepares for bigger vessels

London - “Time now is money, and a lot of money,” said Panama Canal tug captain Luis Estribi as sunlight danced on the water near the Panama Canal’s Pacific entrance at Ciudad de Panamá.