Tuesday, November 24, 2020
shipping container port
Ports

Container Crunch Means It Pays More to Sail Empty to Asia

By Ann Koh (Bloomberg) — Shipping carriers seeking to capitalize on the most lucrative trade routes are returning empty cargo containers to Asia, contributing to freight rates that have soared to...

November 24, 2020
Total Views: 3900

ship's bridge
Shipping

U.S. Charges 31 Alleging Bribes to Fix Coast Guard Mariner Credentialing Test Scores

The U.S. Department of Justice has charged 31 individuals, including three former Coast Guard employees, related to a test score-fixing scheme at a United States Coast Guard exam center. The...

November 24, 2020
Total Views: 9751

Shipping

China Blacklist Strands More Than 50 Ships With Australian Coal

By Aaron Clark and Kevin Varley (Bloomberg) — More than $500 million worth of Australian coal is on ships anchored off Chinese ports, as a diplomatic spat between the two countries...

November 24, 2020
Total Views: 4489

Monday, November 23, 2020
container ship
Shipping

IMO’s Marine Environment Protection Committee Meeting Concludes: More on Shipping’s $5 Billion Decarbonization Proposal

By Barry Parker, Correspondent “You have to start somewhere.” While nobody used this phrase specifically, the IMO, in its just concluded virtual session of the Marine Environment Protection Committee, officially...

November 23, 2020
Total Views: 1845

Shipbuilding

Ocean Infinity Orders Eight Remote-Operated Ships at VARD

U.S.-based subsea exploration company Ocean Infinity has signed shipbuilding contracts for eight shore-controllable vessels in what is being described as a major step forward in the development of unmanned and...

November 23, 2020
Total Views: 6395

Yamal LNG ship-to-ship transfer
Shipping

Russia’s Novatek Starts Yamal LNG Ship-to-Ship Operations in Murmansk

MOSCOW, Nov 23 (Reuters) – Russian gas producer Novatek has started ship-to-ship loadings of liquefied natural gas from the Yamal LNG project near the northern port of Murmansk, shifting away...

November 23, 2020
Total Views: 2082

ship emissions
Environment

Surge In Greenhouse Gases Sustained Despite COVID Lockdowns

By Emma Farge  (Reuters) – Greenhouse gas concentrations climbed to a new record in 2019 and rose again this year despite an expected drop in emissions due to COVID-19 lockdowns,...

November 23, 2020
Total Views: 1135

Sunday, November 22, 2020
Ports

Boatloads of Cargo Off Los Angeles Grind Gears of World Economy

By Brendan Murray (Bloomberg) — A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports of...

November 22, 2020
Total Views: 6949

Friday, November 20, 2020
port vancouver
Shipping

Canadian Pea and Lentil Exports Hit by Container Shortage

By Marcy Nicholson (Bloomberg) — A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple in a phenomenon that has roiled trade. Companies...

November 20, 2020
Total Views: 2399

Shipping

CMA CGM Expects Strong Year-End for Container Shipping

PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French...

November 20, 2020
Total Views: 5439

ship emissions
Shipping

IMO’s CO2 Reduction Initiatives: The Voyage Towards Codification

By Barry Parker, gCaptain Correspondent After considerable anticipation, the Marine Environmental Protection Committee (MEPC) of the International Maritime Organization (IMO) has agreed on draft amendments to the MARPOL Convention which...

November 20, 2020
Total Views: 1606

Shipping

CMA CGM Reports Strong Performance Amid Shipping Recovery

French shipping group CMA CGM has reported $567 million in profit in the third quarter of 2020 amid a “marked recovery” in container volumes. CMA CGM’s Board of Directors met...

November 20, 2020
Total Views: 2296

cargo ships underway
Shipping

Opinion: Australia’s New Crew Change Policy is Neat, Plausible… And Wrong

By Shipping Australia – Shipping Australia is very concerned about the ongoing crisis caused by a lack of crew changes. Hundreds of thousands of people are trapped at sea and hundreds...

November 20, 2020
Total Views: 2772

Shipping

To Honor Slave Trade Victims, Groups Seeks a Memorial in Atlantic Maps

By Ellen Wulfhorst NEW YORK, Nov 19 (Thomson Reuters Foundation) – Tributes to victims of the transatlantic slave trade can be found in museums and through statues, but a new...

November 20, 2020
Total Views: 3653

IMO Headquarters london
Shipping

IMO Approves Amendments to Cut Ship Emissions -Full Briefing

The International Maritime Organization’s Marine Environment Protection Committee (MEPC) met virtually for its 75th session this week to consider (and approve) new measures to cut emissions from ships, building on...

November 20, 2020
Total Views: 3682

nuclear icebreaker convoy
Shipping

IMO Approves Heavy Fuel Oil Ban in Arctic With Exemptions

LONDON, Nov 20 (Reuters) – The United Nations shipping agency on Friday approved a ban on the use of heavy fuel oil in the Arctic region in a move criticised by green...

November 20, 2020
Total Views: 2079

Thursday, November 19, 2020
tanker deck
Shipping

Global Crude Market Finds Support Mainly from China

By Devika Krishna Kumar, Olga Yagova and Noah Browning NEW YORK/MOSCOW/LONDON, Nov 19 (Reuters) – China, the global oil market’s lifeline this year, has stepped up purchases from exporters like...

November 19, 2020
Total Views: 688

Wednesday, November 18, 2020
Soeren Skou, CEO Maersk
Shipping

Maersk CEO Expects Biden Presidency to Smooth Trade Relations

By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest container shipping company says trade relations between Europe and the U.S. will probably become more “collaborative” under the...

November 18, 2020
Total Views: 1348

Shipping

Container Freight Rates Continue Surge on Strong Restocking Demand

SINGAPORE, Nov 18 (Reuters) – 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...

November 18, 2020
Total Views: 1352

cargo ship emissions
Environment

IMO Plan to Curb Shipping’s Carbon Emissions Triggers Criticism

By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its...

November 18, 2020
Total Views: 1425