222 Philip Chaabane – CEO i-tech

Revisiting a Swedish maritime startup, now noted on NASDAQ

Antifouling coatings are necessary to protect a ship’s hull from attaching marine organisms. Ship owners need marine coating solutions that deliver fouling prevention for vessels with differing activity levels, shipping routes and construction. 

Selektope® is a unique biocide that, through biotechnology, creates the possibility of more sustainable and efficient marine paint systems.
When attached to a ship’s hull, barnacles harm the...

https://shippingpodcast.com/222-philip-chaabane-ceo-i-tech/

Drivers and carriers commonly overlook these regulations

Trucking is known as a highly regulated industry, and rules are in place for good reason. At its core, Federal Motor Carrier Safety Administration regulations are meant to keep both CDL holders and the general public safe.

Adherence to safety regulations is a daily effort for management, office staff and drivers. But so far in 2023, there have been 1.5 million state and federal roadside inspections, and 57% of them have revealed at least one violation, according to data from FMCSA’s Roadside...

https://www.freightwaves.com/news/drivers-and-carriers-commonly-overlook-these-regulations

Hot Work On Ship Led $1.5M In Damages

Credit: moein moradi/Pexels

Combustible materials left unprotected near hot work led to a fire on a passenger vessel, the National Transportation Safety Board (NTSB) said. The fire resulted in $1.5 million in damages to the vessel.

Incident

The passenger vessel was moored and out of service when a fire broke out. The vessel operated daytime and dinner jazz cruises daily on the Mississippi River, departing and returning from the French Quarter in New Orleans. No pollution or injuries were reported.

https://mfame.guru/hot-work-on-ship-led-1-5m-in-damages/

EU Adopts 9th Package Of Russia Sanctions

Credits: Pavel Neznanov/ Unsplash

The latest sanctions package contains a number of Regulations and Decisions (full details can be found here) but of particular significance for members is Council Regulation (EU) 2022/2474 which further amends  Regulation (EU) 833/2014 (the Regulation).

Members are reminded that EU sanctions apply in the following circumstances:

  • within the territory of the EU, including its airspace
  • on board any aircraft or any vessel under the jurisdiction of a Member State
  • to...

https://mfame.guru/eu-adopts-9th-package-of-russia-sanctions/

Shippers must stay aware of carrier regulations to avoid costly penalties

The Federal Motor Carrier Safety Administration is always updating trucking regulations in response to everything from safety concerns to climate change. Carriers, of course, are expected to stay honed in on these changes, updating their practices and equipment on an as-needed basis. Shippers, on the other hand, may be less apt to stay abreast of regulatory changes. This can prove to be a costly mistake. 

Shippers are expected to do their due diligence when it comes to choosing carrier partners....

https://www.freightwaves.com/news/shippers-must-stay-aware-of-carrier-regulations-to-avoid-costly-penalties

8 questions on FMCSA’s UCR fees and how to comply

White trucks parked in a row

It’s not often the trucking industry catches a break, but for the 2023 regulatory year, that will happen. The Federal Motor Carrier Safety Administration has dropped Unified Carrier Registration (UCR) Plan and Agreement fees for the 2023 year.

FMCSA collects UCR fees from motor carriers and other businesses for highway motor carrier registration and safety programs. The decrease is approximately 31% across all vehicle fleet sizes. The last time the fee decreased was for 2021 when it dropped...

https://www.freightwaves.com/news/8-questions-on-fmcsas-ucr-fees-and-how-to-comply

Bearing launches AI product to predict and manage impact of CII

Palo Alto, Calif., based AI specialist Bearing Inc., whose backers include Mitsui, has turned its attention to IMO’s Carbon Intensity Indicator (CII) regulation. It has released a new AI-powered application designed to accurately predict CII scores for every vessel in the shipping industry. The solution promises to enable shipping companies to gauge their risks, improve their ratings and make better-informed business decisions about the effects of the regulations.

Starting in 2023, ship owners...

https://www.marinelog.com/legal-safety/regulations/bearing-launches-ai-product-to-predict-and-manage-impact-of-cii/

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