Shipping will be included in Europe’s emissions trading system (ETS) and costs for polluters are set to rise under Brussels’ plans to meet the European Union’s climate targets, the European Commission said on Wednesday.The EU ETS, which forces…
Inmarsat sponsored a new report which explores the future of seafaring to 2050, a report that offers not just insights on connectivity, rather recommendations on how shipping, training institutions and welfare services can respond to the changing needs of tomorrow’s seafarers…
Singapore-based Intra-Asia shortsea shipping specialist CNC announced the launch of its New Korea Thailand (NKT) service providing direct and weekly connectivity between South Korea, China, Thailand and Vietnam.CNC, part of the CMA CGM Group…
Nicole LeBoeuf, with more than two decades of experience at NOAA, was appointed by U.S. Secretary of Commerce Gina M. Raimondo as the assistant administrator for Ocean Services and Coastal Zone Management. In this capacity she will serve as director of the National Ocean Service…
The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium (MRS 2021), in collaboration with the National Academy of Sciences, from November 2-4, 2021, at the at the University of Houston’s Student Center-South…
KOTUG Training & Consultancy, the training and consultancy division of KOTUG, and AMC Search, the training and consultancy division of the Australian Maritime College (AMC) signed a memorandum of understanding (MOU) to establish a long-term strategic partnership…
Shipping firm AAL Shipping has recently delivered four of the largest rubber-tyred gantry cranes (RTGs) in its history to the Port of Oslo, Norway. The mobile cranes, measuring 36 m in height and 28 m in length, were transported from Taicang in China to Oslo on a single sailing aboard the 31…
The United States Federal Maritime Commission and the Department of Justice Antitrust Division on Monday agreed to boost cooperation and communication in their respective oversight and enforcement responsibilities of the ocean liner shipping industry…
German energy exchange EEX on Monday launched a zero carbon freight index (ZCFI) which combines the bourse's dry freight and emission permits prices to show operators how accounting for carbon emissions could affect freights.Decarbonization…
British goods exports to the European Union rose to their highest since October 2019 in May, official data showed on Friday, reversing a slump at the start of 2021 when Britain exited the bloc's single market and customs union.Britain's government…
Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal Authority said on Sunday.The Authority also said the canal's revenues in the first six…
Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices and an increasing lack of available tonnage has invariably pushed sub-continent offerings on to previously unthinkable levels.Not since the boom year of 2008 have we seen levels quite so high…
Tanker operator Penfield Marine and Macquarie Group’s Commodities and Global Markets division announced the execution of Penfield’s first carbon-neutral voyage in a collaboration that will enable Penfield Marine to offer environmentally differentiated freight products to its customers…
Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and…
Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair in the South Korean port of Busan to meet surging export orders for the car engine oil he sells to Russia.'China is the black hole in this shipping crisis…
