23 SEPT 2019 NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of CO2, equivalent to the CO2 emitted by NYK’s environmental flagship car carrier Aries Leader, during one voyage between Japan and the Middle East. Aries Leader is equipped with the latest energy-saving …
Read More »ITF CALLS FOR THE RELEASE OF CAPTAIN GENNADIY GAVRYLOY
21 SEPT 2019 Hundreds of trade unionists from maritime unions affiliated with the International Transport Workers’ Federation (ITF) have expressed their support and solidarity with Captain Gennadiy Gavrylov and called on the Sri Lankan government to expedite his safe return home. Gavrylov, a Ukrainian seafarer, has been prevented from leaving …
Read More »THE U.S. ENERGY REVOLUTION AND THE SAUDI ATTACK
18 sept 2019 Dr. Dean Foreman, the American Petroleum Institute’s chief economist, says the U.S.’ energy revolution has changed the impact of the attack on Saudi Arabia’s oil processing facilities over the weekend. He says the U.S. energy revolution has effectively provided spare oil production capacity to the world, and …
Read More »JAPAN MAY DUMP RADIOACTIVE WATER FROM FUKUSHIMA INTO SEA
17 SEPT 2019 Japan’s environmental minister has said the country may have to dump more than a million tons of radioactively contaminated water from the wrecked Fukushima nuclear plant into the ocean as storage runs short, sparking outrage among fishermen and environmentalists. Tokyo Electric Power Co, or Tepco, the Fukushima …
Read More »DRONE ATTACK THREATENS GLOBAL OIL SUPPLIES
16 SEPT 2019 A drone attack on two of Saudi Aramco’s oil facilities in Saudi Arabia on Saturday has threatened global oil supplies. Saudi Aramco emergency crews contained fires at its plants in Abqaiq and Khurais as a result of the terrorist attacks which have resulted in production suspension of …
Read More »EXAMINING AUTONOMOUS SHIPS’ VULNERABILITY TO PIRACY
13 sept 2019 Autonomous ships are a hot topic in the maritime sector; piracy and armed robbery too. Since the beginning of the year, according to the IMB, almost 100 attacks have been committed against ships all around the world. 2018 saw a marked increase in attacks compared to the …
Read More »GIBRALTAR BOOSTS PORT PREPARATIONS IN CASE OF NO DEAL BREXIT
A cloud partially covers the tip of the Rock of the British territory of Gibraltar, 12 SEPT 2019 By Jonathan Saul LONDON, Sept 13 (Reuters) – Gibraltar has extended port facilities to be able to handle more ships carrying goods as part of contingency plans if Britain leaves the European …
Read More »IRAN SAYS TANKER OIL SOLD AT SEA, BUYER SETS DESTINATION
FILE PHOTO: Iranian oil tanker formerly known as Grace 1 sits at anchor off the coast of the British Mediterranean territory, in the Strait of Gibraltar, August 15, 2019. 11 SEPT 2019 Iran’s envoy to London said on Wednesday the oil cargo of tanker Adrian Darya 1 was sold at …
Read More »IMO 2020: DIRTY FUEL OIL DOWN BUT NOT OUT
08 SEPT 2019 Asia’s spot premium for 380-centistoke (cst) high-sulphur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner marine fuels next year to meet new, tougher rules on emissions from ships. But as the deadline approaches, analysts and traders agree that …
Read More »NORTHERN SEA ROUTE SHIPPING EXPECTED TO QUADRUPLE BY 2024
The LNG-powered Lomonosov Prospect in the Northern Sea Route. 06 SEPT 2019 Russia expects shipping along the Northern Sea Route in to increase more than four-fold by 2024 compared to 2018 levels. The outlook was presented this week during a working meeting of the Northern Sea Route (NSR) Public Council …
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