Seafarer Unions Launch New Quarantine Protocol Amid Omicron Crunch
Shipowners, seafarers’ unions and maritime employer groups are establishing their own approved international network of quarantine facilities to ensure seafarers can safely join ships, despite unpredictable changes to government border policies, reads an ICS...
Texas Pipeline Company Fined Millions for Illegal Oil Discharge
Houston-based oil company and two subsidiaries were indicted for a crude spill that fouled Southern California waters and beaches in October, an event prosecutors say was caused in part by failing to properly act...
Insurance Firms Join Initiative To Decarbonize Global Shipping
Decarbonisation is the need of the hour.
It can be achieved by using alternative fuels or focusing on renewable energy sources.
Leading companies in the marine insurance industry have joined an initiative linking their...
Crew Related Covid-19 Claims
Protection and Indemnity (P&I) insurance is named risk liability insurance and cover terms are found in the P&I Rules for ships entered in the Association.
Liabilities with respect to crew illness are covered...
3D Metalforge Finalized Testing Of Additive Manufactured Parts
3D Metalforge has finalized testing of a set of functional additive manufactured parts onboard the Polar Endeavour crude oil tanker.
The pioneering project started in February when the parts were manufactured and subject...
A Pioneering Framework To Support The Decarbonisation Of Shipping
Six of the world’s leading marine insurers, supported by a drafting committee which includes Lloyd’s Register (LR), have launched a ground-breaking initiative to provide transparency on carbon emissions.
Founding Signatories include Swiss Re,...
LNG Stocks Rise 8.7% On Week To 2.37 mil mt
Japan's LNG stocks held by major power utilities rose 8.7% to 2.37 million mt Dec. 12 from 2.18 million mt the week before, the Ministry of Economy, Trade and Industry said Dec. 15, says...
Cheniere – NFE North Trading LNG Supply Deal
NFE North Trading, a unit of U.S. gas-to-power developer New Fortress Energy, has signed a deal with LNG exporter Cheniere Energy for a six-year supply of LNG, says an article published in Offshore Energy.
About...
ICHCA Issues Safety Guidance for Goods Storage & Handling Facilities
The tragic incidents in Tianjin and Beirut have marked a decade of increased concern over the safety of dangerous goods stored in ports, terminals and other warehousing facilities.
ICHCA and three other industry groups have...
Intermodal Weekly Market Report – Week 49, 2021
Moving towards the end of 2021, the ship repair sector ends up unfortunately with the same uncertainty we had while ending the previous year. Of course, the market is more familiar with the raising...