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MSC to introduce new fuel surcharge to pass on cost of low sulphur compliance

Mediterranean Shipping Co (MSC) has followed its alliance partner Maersk Line in announcing a new fuel surcharge from 1 January 2019 to take into account the additional cost of the IMO’s 0.5% global sulphur cap from the start of 2020.

An LNG cargo’s journey is just beginning when it reaches port

Considering the expected growth in US LNG exports over the next several years, it is natural to focus on the developers, construction contractors, regulators and contract pricing mechanisms that enable the resources to flow.

IMO 2020 to cause one-off oil demand surge before market adjusts: OPEC

Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes

Port of Bergen to build Europe’s largest onshore power supply

Port of Bergen will build Europe’s largest onshore power supply in Norway’s largest cruise port.

Panama unflags last migrant rescue ship in central Mediterranean

The Panama Maritime Authority has revoked the registration of the search and rescue ship 'Aquarius 2',

Why China buying up ports is worrying Europe

There is rising concern about whether China will use its commercial acquisitions of overseas ports for military purposes

U.K. to Establish a Post-Brexit Port 70 Miles From the Sea

The U.K. government aims to address one of the big challenges of Brexit by creating a so-called inland port where imported goods can be checked without causing logjams at the coast

IMO sees ‘by far’ majority of ships complying with 2020 sulfur cap

The International Maritime Organization (IMO) is expecting “by far” the majority of the world’s fleet to comply with its tighter sulfur emission standards in 2020

Pirates kidnapped 12 crew in Nigeria

Pirates kidnapped 12 crew from a Swiss merchant vessel on Saturday, 22 September in Nigeria, Massoel Shipping the ship’s operator informed.

English High Court Continues Djibouti Port Company Restraint

The High Court of England and Wales in London has continued the injunction first made on August 31, 2018 prohibiting the Government of Djibouti’s port company, Port de Djibouti S.A.

Georgia Ports Plan 8 Million TEU Capacity by 2028

The Georgia Port Authority (GPA) has unveiled a $2.5 billion plan to expand the capacity at the Port of Savannah to 8 million TEUs by 2028.

S.Korea: Growth of seaport cargo slows on Sino-U.S. trade row

Cargo processed at South Korean seaports has grown at a slower-than-expected pace this year in the wake of an intensifying trade row between the United States and China, data showed Friday.

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