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Tag: shipping


Shipping

Shipping Costs are Surging Globally

December 11, 2017

Via: Transport Topics

The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years. The rally has been […]


Impact & Regulations, Shipping

LA, Long Beach Ask for Proposals to Reduce Ships’ At-Berth Emissions

December 7, 2017

Via: World Maritime News

The Port of Long Beach and Port of Los Angeles are soliciting proposals for new technology to reduce at-berth emissions for non-container vessels, such as tankers, vehicle carriers, bulk and general cargo ships. As explained, at-berth air pollution from container […]


Shipping

Fitch Ratings: Gloomy Outlook for Global Shipping amid Overcapacity Woes

December 5, 2017

Via: World Maritime News

The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. As explained, both container and bulk markets show signs […]


Impact & Regulations, Shipping

IMO: World Expects Bold Goals on Cutting Emissions from Shipping

November 28, 2017

Via: World Maritime News

The whole world would be watching the International Maritime Organization (IMO) in 2018, looking for something of real substance when it comes to reducing greenhouse gas emissions from international shipping, IMO’s Secretary-General Kitack Lim pointed out. “Next year really will […]


Shipping

DNV GL: Standardisation to Drive Shipping’s Digital Transformation

November 17, 2017

Via: World Maritime News

Standardisation can enable the effective collection, storage, exchange, analysis and use of data, while contributing to improved data quality and sensor reliability in the maritime industry, a new paper by classification society DNV GL shows. The position paper sets out […]


Impact & Regulations, Shipping

Maersk: Shipping Must Raise Its Game to Cut Pollution

November 15, 2017

Via: World Maritime News

The shipping industry must take responsibility for its fair share of carbon emissions in order to tackle climate change, according to global transportation conglomerate A.P. Moller – Maersk. “Raising the ambition for global regulation remains crucial to ensure shipping’s contribution […]


Shipping

VesselsValue: US Firms Buy Most Auction/Bank Sale Ships in 2017

November 13, 2017

Via: World Maritime News

2017 has seen US owners top the list of buyers of distressed tonnage, snapping up vessels sold at bank sales and at auction deals, VesselsValue said. Asset values reached a 25-year low for bulkers, containers and offshore vessel types in […]


Shipping

Rolls-Royce Presents Yacht with Digital Technology, Hybrid Propulsion

November 13, 2017

Via: World Maritime News

UK-based engineering company Rolls-Royce has unveiled a luxury yacht concept with advanced ship intelligence solutions and hybrid propulsion based on LNG fuel and battery power. Introduced during the Global Superyacht Forum (GSF) in Amsterdam on November 13, the Crystal Blue […]


Impact & Regulations, Shipping

Naval Dome, LR to Develop Cyber Defence Standards for Ships

November 10, 2017

Via: World Maritime News

Israeli cyber security specialist Naval Dome and UK’s Lloyd’s Register (LR) have signed a Memorandum of Understanding (MoU) aimed at establishing standards and guidelines for maritime cyber defence. As part of the collaboration agreement, LR will carry out a series […]


Shipping

Container Shipping Facing Choppy Waters

November 8, 2017

Via: World Maritime News

The container shipping industry will have to ride out a bumpy period amid an anticipated seasonal decline in volumes spilling into the first quarter of next year and growing supply of ships. According to BIMCO, handling this will be a […]