IMO Takes a Step Back from NOx Emissions Controls
Image (c) IMO The International Maritime Organization (IMO) has taken the controversial decision to consider delaying the implementation of tighter limits for nitrogen oxide (NOx) emissions from ships operating in emission control areas (ECA). The 65th meeting of the Marine Environment Protection Committee (MEPC) this week was told by a correspondence group whether there was [...]
A 23-year-old dock worker had to be rescued from the cargo hold of a ship being unloaded at the Port of Wilmington this afternoon after a 2,000-pound coil of wire rolled on top of his chest. About 4 p.m., rescue workers from the Wilmington Fire Department and county paramedics were called to the Port of [...]
dAmico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT “Eco”-product/chemical tankers from Hyundai Mipo Dockyard in South Korea. The total purchase price for these tankers is less than USD $30 million according to a statement to investors today by d’Amico. The vessels are [...]
Djibouti Port. Image courtesy CharlesFred By Maria Levitov (Bloomberg) — Djibouti is in talks with India, China, Brazil, Russia and Arab investors to finance infrastructure projects worth $5.9 billion, the head of the countrys ports authority said. The Horn of Africa nation, which is seeking to become a middle-income nation by 2035, plans to develop [...]
Continuing with the Jones Acttheme we’ve seen this week, here are two views from Hawaiians opposing the Jones Act. In this first video, Reason TV sits down with Ken Schoolland, professor of economics at Hawaii Pacific University and scholar at the Grassroot Institute, to talk about the Jones Act and his argument on how it [...]
British Confidence, a VLGC owned by BP Shipping, image: BP After a $10.9 million loss in the first quarter this year, SEACOR Holdings’ (NYSE:CKH) Executive Chairman of the Board, Charles Fabrikant was justifiably unhappy with his company’s results. However, it’s time to move on. And move on they have. The Fort Lauderdale-based shipping firm announced [...]
Rio 2016 DP2 shuttle tanker, image: TEN Tsakos Energy Navigation Limited (NYSE: TNP) took delivery today of its second fully-coated DP2 suezmax shuttle product tanker, Brasil 2014, from Sungdong Shipbuilding in South Korea. The Brasil 2014 is a sister vessel to the Rio 2016 (pictured above) that was delivered in March. Both vessels are being [...]
A Chinese fishing vessel that ran aground in Tubbataha Reef, a UNESCO World Heritage site, on April 8, 2013 is pictured in this image provided by Naval Forces West. REUTERS/ Naval Forces West The Philippine Coast Guard has pulled a Chinese fishing vessel from the the Tubbataha Reef two weeks after running aground on the [...]
The following analysis is from the Japanese newspaper Asahi Shimbun: Akira Amari, minister in charge of the TPP, said the United States, which has led the TPP negotiations, made a number of key demands of Japan because it is only now ready to join the TPP process. Amari said Japan and the United States will [...]
The shipping industry has spent years trying to cultivate the notion of leadership onboard ships. There have been mentoring schemes, and STCW has even taken up the baton with a focus on leadership development and management. Now with this in place, the Swedish Club is apparently all set to use an upcoming Chinese Maritime [...]
Paris Exposition: ship, Paris, France, 1900