shipping

FINLAND DEMANDS INVESTIGATORS ON VESSEL THAT BROKE GAS PIPELINE

10 DEC 2023 Finland will demand its investigators be allowed on board the NewNew Polar Bear, a Hong Kong-flagged vessel whose anchor ripped up a subsea gas pipeline near Finnish waters in October, President Sauli Niinisto said. It remains unclear whether the ship dragged its anchor for hundreds of kilometers “intentionally or …

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BUREAU VERITAS LAUNCHES CLASSIFICATION RULES FOR HYDROGEN-FUELLED SHIPS

09 DEC 2023 Bureau Veritas (BV) has launched its first classification Rules for hydrogen-fuelled ships (NR678) to support the safe development of hydrogen propulsion in the maritime sector. The newly introduced rules outline the technical requirements for the secure bunkering, storage, preparation, distribution, and utilization of hydrogen as a fuel …

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OIL INTERESTS IMPEDE PROGRESS ON PLASTIC TREATY

08 DEC 2023 In mid-November, hundreds of protestors marched through the streets of Nairobi, led by a ceremonial band. “Let polluters pay the price!” they chanted, while holding bright yellow placards reading “Plastic crisis = climate crisis” and “End multigenerational toxic exposure”. The citizens were appealing to delegates from 163 …

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ABANDONED TANKER GROUNDS IN VIETNAM DRIFTING 1,000 MILES FROM PHILIPPINES

06 DEC 2023  Like the legendary “Flying Dutchman,” a product tanker thought lost in the Philippines two weeks ago washed ashore today, December 1, hundreds of miles away in Vietnam. The Provincial Boarder Guard Command was puzzled by an uncrewed vessel grounding on its coastline. The authorities were investigating reports of …

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NTSB: FAILURE TO FOLLOW MAINTENANCE PROCEDURES CAUSED $1.2M IN FIRE DAMAGE

05 DEC 2023  A failure to follow recommended maintenance procedures, or possibly a perceived shortcut in the process, is believed to have caused a fire that resulted in $1.2 million in damage and disabled a 46,700 dwt product tanker while she was maneuvering within the confines of a shipping channel. …

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2024 COULD BE “EVEN MORE BRUTAL” FOR CONTAINER CARRIERS WARNS XENETA

04 DEC 2023  The handwriting has been on the wall for some time with analysts warning that the container shipping segment was facing a prolonged period of hard times brought on by falling volumes, oversupply, and declining rates. Widely followed indicators such as the Drewry World Container Index have continued …

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MULTIPLE COMMERCIAL VESSELS ATTACKED IN RED SEA

04 DEC 2023 Three commercial vessels came under attack in international waters in the southern Red Sea, the U.S. military said Sunday, as Yemen’s Houthi group claimed drone and missile attacks on two Israeli vessels in the area. The Carney, an American destroyer, responded to distress calls and provided assistance following missile …

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FIVE CEOS CALL FOR REGULATORY PARTNERSHIP AND END TO FOSSIL FUEL SHIPS

03 DEC 2023  The CEOs of five of the world’s largest shipping companies took the unusual step of joining together to outline a shared vision to accelerate the decarbonization of the global maritime industry. Timed to the conclusion of the UN’s COP 28 conference in Dubai, the executives of CMA …

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THE GREAT SUEZ CANAL RENAISSANCE

02 DEC 2023  Why trade is shifting to the US East Coast Ports via the Suez Canal The tectonic plates of world trade are shifting. Southeast Asia’s replacement of China as the world’s manufacturing powerhouse has enormous implications for international shipping routes, ports, and supply chains – particularly in the …

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UK MAIB: WATCH OFFICER WAS SLEEPING AND LIKELY DRUNK AS CARGO SHIP GROUNDS

01 DEC 2023  The UK Marine Accident Investigation Branch (MAIB) issued a damming report today investigating the 2021 grounding of a cargo vessel on the west coast of Scotland. They identify issues including the fact that the watch officer was likely drunk and sleeping when the vessel grounded as well …

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