Monthly archive

July 2018

Bulkers take lion’s share in scrubber fits

Bulkers edge past containers and tankers in adopting exhaust gas cleaning in preparation for 2020 sulphur cap.
 
Bulkers lead the way in using exhaust gas scrubbers to meet pending IMO 2020 sulphur regulations.

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Paris MoU 2017 Annual Report- White List

The Paris MoU recently came out with their 2017 Annual Report, and the White List was again very similiar to past years, with only some slight changes. There were two new entries to the White List, who are Poland and the Republic of Korea.
 
The top ten flag states on the White List are as follows:
 
1. France

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Four Seward & Kissel Lawyers Admitted to Practice in the Marshall Islands

PRESS RELEASE
July 26, 2018
 

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Liberia the fastest growing flag in shipping and offshore

PRESS RELEASE
26 July 2018
 
Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to leading shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018.
 

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Blockchain Threatens to Eradicate Trade Intermediaries

Blockchain technology is expected to have a profound impact on trade and transport, according to UNCTAD and the UNECE&rsq

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New Research: Cato Institute Project on the Jones Act

The Cato Institute is vigorously working to raise awareness about the Jones Act and lay the groundwork for this outdated law's repeal or reform.
 
Why are we undertaking this effort? Here's some background on the Jones Act:
 

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Jim Hurley appointed Chief Operating Officer; Tanker Veterans to The Concord Maritime Team

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Scrubbers set to split tanker market, says analyst

Complex economics face owners with VLCC retrofits ranging from $4m to $8m and uncertainty over fuel price.

 

A two-tier tanker market could develop in 2020 based on whether or not vessels are fitted with scrubbers, says analyst Alphatanker.

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Expanded Flexibility for Ocean Transportation Intermediaries Effective August 22, 2018

July 19, 2018

A Final Rule published today by the Federal Maritime Commission offering deregulatory flexibilities for Non-Vessel-Operating Common Carrier (NVOCC) Negotiated Rate Arrangements (NRAs) and NVOCC Service Arrangements (NSAs) will go into force on August 22, 2018.

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Puerto Rico prices immune to Jones Act

AMP-commissioned report rebuffs detrimental effect of the century old law on Puerto Rico
 
The US cabotage law known as the Jones Act has no negative impact on retail prices and the cost of living in the US territory of Puerto Rico, according to a new report assessing the law's impact in the wake of Hurricane Maria.
 

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