Global seaborne trade projected to surpass 12bn tonnes this year2018-05-21 – Global seaborne trade is projected to rise to over 12bn tonnes in 2018, working out at 1.57 tonnes for every person on the planet, according to data carried in the latest weekly report from Clarkson Research. . . READ MORE  Interview: Kitack Lim, Secretary-General, IMO2018-05-16 – As the International Maritime Organization (IMO) celebrates its 70th anniversary, Kitack Lim, Secretary-General, sits in his London office with a sense of satisfaction that in his two plus years at the helm of IMO tremendous strides have been made toward significant greenhouse gas emission reductions, punctuated by the recent MEPC meeting where the target was set for a 50% reduction in CO2 emissions by 2050. But the Secretary- General’s sense of satisfaction is tempered with the fact that his job has just begun and his plate is full. Decarbonization, Digitalization, Autonomous Ships, Ballast Water Management, Cyber Security, Piracy and Protecting the Seafarer … the list is long of agenda-topping items that the IMO must simultaneously digest in this historic and fast-changing period. . . READ MORE  ABS wins fleetwide Canadian Coast Guard contract2018-05-17 – The Canadian Coast Guard has awarded classification society ABS a contract to provide classification and certification services for its existing fleet of 114 vessels and future vessel acquisitions.. . . READ MORE |
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Esben Poulsson warns IMO of the ‘unholy mess’ the sulphur cap could bring2018-05-21 – Esben Poulsson has been reelected chairman of the International Chamber of Shipping (ICS) for another two-year term. Poulsson used his reelection to once again warn the International Maritime Organization (IMO) that “chaos and confusion” is on the cards imminently unless a number of issues are quickly resolved pertaining to the January 1, 2020 global sulphur cap on shipping. . . READ MORE  Shipping’s sulphur cap will spur crude prices to reach $90 a barrel: Morgan Stanley2018-05-17 – Bent crude will reach $90 a barrel by 2020 thanks to the IMO’s impending sulphur cap on shipping, a new report from Morgan Stanley maintains. . . READ MORE  Paris MoU to Focus on Air Pollution from Ships2018-05-16 – The Paris Memorandum of Understanding on Port State Control (Paris MoU) unveiled its plans to focus attention on marine air pollution in the near future. This development anticipates the new maximum limits for sulphur in ships fuel oil, which is due to enter into force on January 1, 2020. . . READ MORE  |
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New Rules on Ship Emissions Herald Sea Change for Oil Market2018-05-17 – New rules coming into force from 2020 to curb pollution produced by the world’s ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies. The regulations will slash emissions of sulfur, which is blamed for causing respiratory diseases and is a component of acid rain that damages vegetation and wildlife. . . READ MORE  Report: Biofuels the Most Affordable Zero-Emission Option for Shipping2018-05-17 – Advanced biofuels may represent the most affordable zero-emission alternative for the shipping industry, a report prepared for Sustainable Shipping Initiative (SSI) finds. The fact that biofuels can be used in a way that very closely mirrors current technology — i.e. through internal combustion — means that associated additional costs are kept to a minimum of the fuel price itself. . . READ MORE  |
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Riding Shipping’s Digital Wave2018-05-18 – A smart shipping survey conducted in January 2018 found that, while the majority of maritime industry executives believe digitalization and big data will transform the sector, only 8.7 percent currently see it as a major part of their operations. Unpredictability and disruption have made the past decade anything but smooth sailing for the global shipping industry. . . READ MORE  |
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IMO establishes autonomous vessels taskforce2018-05-18 – Discussions on how to address maritime autonomous surface ships have begun at IMO. The Maritime Safety Committee (MSC) is debating how to proceed with a regulatory scoping exercise, which is expected to touch on an extensive range of issues, including the human element, safety, security, interactions with ports, pilotage, responses to incidents and protection of the marine environment, for different levels of autonomy. . . READ MORE |
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Second GMDSS Service Approved2018-05-21 – The Iridium network has been approved to provide Global Maritime Distress Safety System (GMDSS) services, signaling an end to a decades-long satellite communications monopoly by Inmarsat. The IMO’s Maritime Safety Committee (MSC) has agreed to recognize that the Iridium network meets all the criteria of the IMO needed to provide mobile satellite services in the GMDSS and to adopt the “Statement of Recognition” proposed by the U.S. as a Committee Resolution. . . READ MORE |
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Gold Partner -Hempel USA IncWe are pleased to be welcoming Hempel USA Inc as a Gold Partner. They will be joining us as we provide cutting edge and topical insights for the marine industry in October! |  |
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