By Shawn Donnan, Miao Han and Jenny Leonard (Bloomberg) –The U.S. and China said they agreed to the details of the first phase of a broader trade agreement in a move that will see the U.S. reduce tariffs, at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The […]
Breaking News
MSC Defends Itself Against Report Claiming EU’s Biggest Polluter Status
MSC Mediterranean Shipping Company is defending itself against a report claiming the Swiss-based ocean carrier is one of the top carbon emitters in the EU. The report, published this week by the non-governmental organization Transport & Environment, claims that in 2018 MSC was responsible for about 11 million metric tons of CO2 emissions, which would […]
Lightering of Golden Ray Completed in St. Simons Sound
All oil on board the overturned vehicle carrier Golden Ray has now been removed, the St. Simons Sound Incident Response Unified Command said Monday, a major milestone in the salvage of the vessel more than three months after its grounding, During the lightering operation, salvage workers and divers were able to gain access to 26 […]
Shell Supply Deal to Boost CMA CGM’s Use of Low-Sulphur Biofuel
PARIS, Dec 12 (Reuters) – Container shipping group CMA CGM is to increase its use of sustainable marine bio-fuel oil through a supply deal with Royal Dutch Shell, following a pilot scheme this year with furniture retailer IKEA. Shell is to supply CMA CGM with several tens of thousands of tonnes of fuel consisting of […]
Pirates Release Three Tanker Crew Kidnapped Off Togo
ATHENS, Dec 13 (Reuters) – Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel’s manager said on Friday. A fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added. It did not give details […]
Mississippi River’s Specialized Mat Sinking Unit to Get Modern Upgrade
At the end of each summer, a specialized unit of the United States Army Corps of Engineers get to work on the Mississippi River laying thousands of slabs of concrete “mattress” to help prevent erosion and keep the critical waterway open to navigation. The USACE Vicksburg District’s Mat Sinking Unit (MSU), which now encompasses around […]
Scrubber Queue Grows Ahead of IMO 2020
By Mike Wackett (The Loadstar) – Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted […]
