Total annual operating costs in the shipping industry fell by 1.3% in 2017, which compares with the 1.1% average fall in costs recorded for 2016, according to Moore Stephens consultants.
Van Oord and Dredging International, a DEME Group subsidiary, have been awarded a major contract for the modernisation of the Świnoujście – Szczecin fairway in Poland
While analysts expect disruptions in the coal export and import markets, solutions to the International Maritime Organization’s 2020 sulfur cap remain unclear, a Wood Mackenzie analyst said in a report.
Scorpio Group will install 100 hybrid-ready scrubbers across its fleet of 56 bulkers and 109 tankers, favoring the larger vessels within each group, chief operating officer Cameron Mackey said.
In a decision published Friday, the Trump administration's Bureau of Safety and Environmental Enforcement announced that it is eliminating certain offshore safety regulations
Despite the different solutions available for the industry to comply with the impending 2020 Sulphur Cap, there is still no consensus from the industry on which works best for the long-run.
The 5th session of IMO's Sub-Committee on Carriage of Cargoes and Containers (CCC), held on 10-14 September 2018, addressed key shipping safety issues related to dangerous cargo.
The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, officials with the UN’s shipping agency said on Tuesday.
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.
