trend is the result of joint efforts by member states and the maritime industry to implement EU rules under the Sulphur Directive and opt for cleaner fuel. EU mechanisms to technically and financially support member states
to reduce emissions were an important factor in compliance, according to the commission.
will the new regulations be enforced? And the corollary is, How do we make money out of this? This according to commentators is the new rush for shipping – to make sure that the commercial venture aligns, and succeeds
in this new operational environment.
Shanghai Containerized Freight Index (SCFI) closed last week on just $585 per teu, down 5.2% on the previous week. The index has shed more than $300 per teu since the start of the year. Carriers have now announced rate
new builds now. Trafigura recently announced it would install scrubbers on all its new build tankers arriving in Q1 2019. Over the last few months, BunkerEx has been quietly forming a view based on extensive conversations
with various stakeholders, research papers, articles and conferences. Our conclusion is that for now, scrubbers are not the answer.
nine Post-panamax vessels transited through the new locks. The original Canal locks, where the operation is carried out with locomotives, have been operating normally.
in late 2016 following continued challenges in shipping markets. Vroon is confident that the envisaged restructuring will provide a generous runway to implement its strategic plans, Vroon said. The agreement is subject
to final documentation and credit committee confirmation.
hotel and will be moored permanently at Mina Rashid in Dubai, according to an emailed statement. It will eventually have 13 restaurants and bars. QE2 will start welcoming the public from April 18 before a grand opening in October. The
QE2 purchase came to symbolize Dubais freewheeling spending just before the global credit crisis hit the emirate, forcing it to teeter on the brink of default in 2009.
5,000 man hours of specialized, local, labor in Southampton, Hampshire, U.K. Chris Norman, the managing director of Southampton Marine Services (SMS), said, This project is of significance not only to SMS but also the
local shipbuilding community.
that can predict and issue early warnings on the risk of collision, using technologies such as prediction or risk calculation models. Fujitsu Limited, Singapore Management University (SMU) and the Institute of High Performance
Computing at the Agency for Science, Technology and Research (A*Star) announced that they are collaborating on innovative new technologies for vessel traffic management.
changing the way shipping works. And as operations are digitalized, they become more automated, Dr. Pierre C. Sames, Director of Group Technology & Research at class society DNV GL, has stated.
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