Call for $2/mt Levy on Marine Fuel To Tackle Decarbonisation
International shipowner associations call governments to back their proposal to place a $2/mt levy on marine fuel used to help fund industry efforts for decarbonisation.
Presuming global bunker consumption volume remained at least 250...
Containers Show Signs of Huge Shift in Income
The trans-Pacific eastbound market is in the thick of a record-setting bull run.
The California port system is buckling, with delays tying up even more containers and making the equipment shortfall even worse.
Imports...
(FAQs) New Safe ECDIS Guidance by OCIMF
In a major development, the Oil Companies International Marine Forum (OCIMF) has launched its latest information paper, which provides guidance on how to improve policies and procedures concerning the safe use of Electronic Chart...
New Fuels & Design Alone Not Enough To Decarbonise the Industry
The shipping of goods around the world keeps economies going. But it comes at an enormous environmental cost – producing more CO₂ than the aviation industry.
This problem should be getting urgent international...
IMO Approved MARPOL Amendments Opposed by Environmental Groups
The IMO approved amendments to MARPOL to reduce greenhouse gas (GHG) emissions from ships, says an article published in Lloyd’s List.
Amendments approved
The IMO approved draft amendments to MARPOL on short-term measures to reduce greenhouse...
Nuclear-powered Container Carrier Voyage Interrupted
Russian nuclear-powered container carrier SEVMORPUT interrupted her voyage and limped to Angolan coast, southwest Africa due to damaged propeller, reports Maritime Bulletin.
What happened?
Russian nuclear-powered container carrier SEVMORPUT interrupted her voyage to Antarctica sometime in...
Capesize Bulker Collision, 4 Missing
Indonesian wooden fishing boat sank after contacting Capesize bulk carrier at dawn Nov 17 in Indian ocean, Indonesia, reports Maritime Bulletin.
What happened?
Indonesian 15-meter wooden fishing boat KERINCI INDAH 02 sank after contacting Capesize bulk...
Mink COVID Infection Shows the Importance Containing the Disease
Coronavirus mutations among Danish mink don’t mean vaccines won’t work, but they stand as a warning of what might happen if we don’t stop the spread,says a Bloomberg article written by Sam Fazeli.
Background of...
State Prosecutors Demand Prison Sentence for Bunker Holding CEO
Danish prosecutors pursue prison sentence for Bunker Holding CEO in the case regarding the group's alleged violation of sanctions against selling jet fuel to Syria.
The prosecution in the case believes the CEO...
Dollar Dips Amid Weak Market Trend With Offshore Yuan Hitting High
The dollar fell to a one-week low in quiet trading, still weighed down by optimism over a second coronavirus vaccine.
The outlook for the currency remained downbeat with the Federal Reserve.
U.S. Congress...