Monthly archive

July 2018

Owners face long scrubber queue for 2020

Largest manufacturers booked through end of next year as rush of shipowners want scrubbers ahead of 2020.

 

Shipowners still looking to install scrubbers on their vessels face delays past the 2020 deadline for complying with low-sulphur emissions rules, market experts say.

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Liberia adopts law amendments in line with new ship finance environment

PRESS RELEASE
JULY 16, 2018
 

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Owners say emissions technology key to the future

Reed Smith survey shows blockchain not seen as main driver of change over next five years.

 

Shipowners believe technology to address environmental issues and emissions will be the biggest driver of change over the next five years.

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Don't get caught out by Chinese ship import deadline, brokers warn

Buyers risk getting caught in a closing window as Beijing wants all vessels to comply with Tier II
 
Shipowners who try to beat the deadline for China’s new shipping import rules are taking a big risk, sale-and-purchase brokers warn.
 

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New Chinese Import Policy for Ships

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Beijing puts brakes on lucrative trade in ageing Greek bulkers

China effectively imposes seven-year age limit on vessels being imported for domestic trades, but owners say new legislation could bring benefits

New regulations effectively slashing the age of ships that Chinese owners are allowed to buy for domestic trades will put a stop to a highly lucrative trade for Greek sellers.
 

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Reducing CO2 Emissions to Zero: ICS Publishes New Insight into the ‘Paris Agreement for Shipping’

The International Chamber of Shipping (ICS) has launched a new publication to endorse the recent adoption by the UN International Maritime Organization (IMO) of its ambitious strategy for phasing-out CO2 emissions from the international sh

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New pair at helm of Bermuda flag targets fleet growth

The Bermuda Shipping and Maritime Authority (BSMA) has made two key appointments that it hopes will help grow the flag without sacrificing safety.

Francis Richardson, former Bermuda government permanent secretary, has been appointed chief executive, while marine ­insurance veteran Nick Samson becomes head of marketing.

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Hong Kong Marine Department issues Marine Department Notice No. 109 Of 2018

7/11/2018 Source: HK Marine Department - This Notice aims to inform the shipping industry that the amendments made to the following subsidiary legislation, giving effect to certain amendments to Annex II to MARPOL, the BCH Code and the IBC Code, will come into operation on 17 July 2018.

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Trade war fears spark THE Alliance cutbacks

Another service is culled amid growing worry in liner sector over China-US tariffs

 
Member lines of THE Alliance are to suspend one of their 11 Asia-to-US West Coast (USWC) services.
 
The move comes amid heightened fears over the effect US tariffs could soon have on boxship volumes.
 

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