(UNCLOS) which will apply to high seas areas beyond national jurisdiction. Addressing government negotiators, ICS chairman, Esben Poulsson, said this UN initiative should not unwittingly impact on the effective future governance
of global shipping, potentially interfering with principles such as freedom of navigation, or otherwise cutting across the work of the IMO.
where carriers were returning to profitable territory. However, the past few weeks seem to have at the very least postponed this hope for a balanced market for a variety of reasons. First
of all, the carriers correctly point to the fact the fuel prices have increased significantly and this has undermined their profitability and sent them back into red numbers.
adviser Moore Stephens. Respondents to the survey rated the extent to which enterprise and business risk management is contributing to the success of their organization at an average 5.9 out of a possible score of 10.0,
compared to 6.8 in the 2017 survey. Brokers returned the highest rating, followed by ship managers. For the first time in the four-year life of the survey, Europe was behind Asia.
Japanese container lines NYK, MOL, and K-Line, revealed details of its 2020 plan this week after reviewing options, namely low sulphur fuel, scrubbers, or LNG. After review, the carrier said low sulphur hybrid oil represents
the most realistic and cost efficient solution to ensuring its vessels comply with the upcoming global regulations.
transformation of the worlds marine and energy industry into one efficient, ecologically sound and digitally connected ecosystem. Better port-to-port fuel efficiency, reduced congestion in ports and high traffic areas,
the introduction of real-time communication between stakeholders these issues, Wärtsilä maintained, have become critical to transforming maritime trading today.
data showed the ship was still aground Wednesday night with two tugs on scene. The ship was sailing from Russia to Instanbul when it grounded for reasons unknown.
were demanding higher wages and restored labour rights. An original 24-hour stoppage was extended when the Panhellenic Seamens Federation (PNO) said negotiations with employers over a new collective agreement had broken down. As
the peak tourist season was coming to an end the action left those depending on the country’s vast ferry network stranded.
its user-centric design, ABB Ability Marine Pilot Control reduces the workload on automating navigational tasks and allows bridge officers to focus holistically on the overall control and positioning of the ship. The system integrates seamlessly with existing
onboard equipment and ensures ease of installation and maintenance, adding significant bridge-to-propeller value for the shipowners.
these investments, external funding is needed. Ports have only been able to obtain 4% of the CEF transport budget over the last three years. These are the main results from the Study European Seaports Organisation (ESPO) launched in spring 2018 in preparation
of the Connecting Europe facility II proposal which came out on 6 June 2018.
receiving a radio call from M/V Queen of Charity, the countrys coast guard and local authorities headed to the site to provide the necessary assistance. Upon their arrival, some of the crew had already jumped off the
vessel. Twelve crewmembers were brought to a local hospital for medical treatment, while another ten seafarers were brought to the evacuation center for first aid assistance, according to the coast guard.
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