Carnival Reiterates Carbon Emission Commitment in Sustainability Report

Carnival Corporation & plc, the world's largest cruise company, released its 10th annual sustainability report. The company is committed to reduce the rate of carbon emissions by 40%. Moreover, the company managed to...

Shippers Urged To Follow Local Restrictions Before Discharging Washwater

IMO considers exhaust gas scrubbers to reduce vessels’ sulphur emissions. It specifies requirements for verification, testing, survey, and certification of scrubber systems. It also sets out the criteria for discharging scrubber wash water...

How IMO 2020 Regulations Are Faring Amid COVID-19?

The supply of VLSFO has proven more than adequate amid COVID-19. Call on marine gasoil (MGO) as an expensive alternative has been less than expected. Refiners have adjusted their crude sales and changed...

Idle Fleet Below ‘1m TEU’ for the First Time in 2020 As Carriers Charter

According to a Loadstar article written by Mike Wackett, some 90 containerships, equating to over 600,000 teu of capacity, have found employment in the past month as carriers continue to reinstate blanked sailings and...

Carriers’ Backlog Deliveries To Upset Boxship Trade

Despite the containership orderbook at a historic low, the top carriers have a backlog of 86 ships of over 10,000 teu stemmed for delivery over the next two to three years, writes Mike Wackett...

FDA To Bypass Federal Approval for Emergency Authorization of COVID19 Vaccines

The chief of the U.S. Food and Drug Administration is prepared to bypass the full federal approval process in order to make a Covid-19 vaccine available as soon as possible, reports CNBC Emergency Authorization Needed? Insisting...

NSR Cargo Traffic To Significantly Increase Up To 80 mt/year

Thousands of tons of cargo to be transported via Russian Arctic sea route in 2020. World’s largest sailing ship, ‘Sedov’, arriving at the Russian Far Eastern port of Vladivostok. Sedov taking part in...

Electric Problem Disables Panamax Bulker

A bulk carrier encountered an electric problem and was disabled on Aug 21 in Indian ocean east of northern Madagascar, reports Maritime Bulletin. What happened? Bulk carrier YASA UNITY was disabled after she encountered electric problem...

New ‘Pollution-Cutting’ Measure Targeting Cargo Ships Adopted

California Air Resources Board adopts their biggest pollution- cutting regulations in more than a decade, which will take effect from 2023. Regulations to create stringent emission standards for diesel trucks and cargo ships. ...

Cosco Shipping Port Declares 2020 Interim Results

COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced interim results of the Company and its subsidiaries for the six months ended 30 June 2020, reports Cosco Shipping in its official website. COSCO...