Historically low water levels on the Rhine River are set to limit cargo flows even further, potentially boosting European heating oil prices at a critical time of year, according to JBC Energy. “Further shipping restrictions are expected on inland barge routes along the Rhine corridor,” as the...
https://www.hellenicshippingnews.com/rhines-low-level-seen-threatening-european-fuel-price-spike/
The work to deliver the IMO initial strategy on reducing greenhouse gas emissions from ships has moved forward with the approval of a programme of follow-up actions. The International Maritime Organization’s Marine Environment Protection Committee (MEPC 73) approved the follow-up programme on...
https://www.hellenicshippingnews.com/next-steps-to-deliver-imo-ghg-strategy/
An Oldendorff Carriers vessel made contact with the Oshima bridge in Japan.
Qatar Navigation (Milaha), one of the leading maritime and logistics conglomerates in the region, has announced that its container shipping business has more than doubled within a short span of time.
The remarkable growth achieved, both in terms of the number of vessels as well as the volume of containers handled, got accelerated over the last couple of years, especially after the blockade imposed on Qatar by the Arab quartet, including Saudi Arabia and the UAE, which were previously the two...
Demand for scrubbers helped boost Wärtsilä’s marine business order intake in the third quarter.
Marine chief Roger Holm says situation is now “extremely urgent” for owners.
https://www.tradewindsnews.com/finance/1613661/wartsila-2019-scrubber-deliveries-nearly-sold-out
Third quarter also sees profit rise for Swedish shipping lender.
https://www.tradewindsnews.com/finance/1613827/swedbanks-impairments-drop-to-usd-13m
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to be delivered in 2020. The tanker will be used not only to fuel LNG-powered ships but also to provide LNG carrierprecooling and gas-testing services.
Multifunctional LNG installationIn tandem with news of the LNGBV newbuilding contract, ENN stated its Zhoushan terminal had formally commenced commercial operations. The facility, which has...
The Trump administration supports the establishment of an experience-building phase.
https://worldmaritimenews.com/archives/263123/us-backs-2020-sulphur-cap-experience-building-phase/