There had been concern among the shipping and bunkering industries that ISO 8217 would not encompass future 0.5% fuels, with the potential to cause significant safety issues if fuels become unstable or damage machinery.
Bulkers totalling just less than 3.1 million dwt were sold for scrap in the first six months of this year, down by 67% compared with last year.
Fears that the negotiations that will lead to the UK leaving the EU next March will result in delays at ports and borders were not allayed by the UK's shipping minister Nusrat Ghani’s inability to guarantee frictionless trade following the conclusion of negotiations.
Regional port state control organisations are planning a “letter of warning” information campaign aimed at shipowners to underline that compliance with the sulphur cap must take place from 1 January 2020, Hideo Kubota, secretary of the Tokyo MOU, has told Fairplay.
Analytics of big data and technology to address environmental issues and emissions are expected to be significant drivers of change over the next five years, but less so blockchain.
The US tanker owner is back in expansion mode, having previously been under bankruptcy protection.
Evangelos Marinakis’ Capital Group has booked four LNG carrier newbuildings with South Korea’s Hyundai Heavy Industries.
A fire on board a container vessel off Singapore’s Marina Barrage was put out on 16 July after five hours of firefighting operations.
China Merchants Group signalled its intention to further develop ties with the government of Djibouti, saying it would shortly begin the redevelopment of the old port in the downtown area of the country’s capital.
The White House’ Office of Management and Budget received 60 comments on ways to streamline and reduce US maritime regulatory burdens.