By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to Drewry’s latest assessment (although costs have risen). Drewry’s World Container Index…
Shipping
MAN Reaches Milestone with Successful Test of Two-Stroke Ammonia Marine Engine
MAN Energy Solutions has announced the successful first test of a two-stroke marine engine on ammonia fuel, marking a major milestone in the development of a full-scale ammonia engine to…
https://gcaptain.com/man-reaches-milestone-with-successful-test-of-two-stroke-ammonia-marine-engine/
LNG arbitrage to Far East opens on weaker Europe demand
The arbitrage for LNG cargoes to move from the Atlantic basin into the Far East has opened as weaker gas prices in Europe widen the East-West spread. Platts, part of S&P Global, assessed the Japan/Korea spot cargo price for August at $10.685/MMBtu July 13, with H1 August assessed at $10.635/MMBtu...
Boost in LNG activity drives up EU shipping emissions in 2022
Carbon emissions from Europe’s shipping sector jumped to three-year highs in 2022 as rise in LNG vessel activity pushed up emitters, EU data showed. Ships traveling within the EU territorial waters emitted 128.2 million mtCO2e, up 3% from the previous year, and the highest since 2019, according to...
Hong Kong offshore LNG terminal gets first shipment under long-term supply deal
Hong Kong’s CLP Power and HK Electric said July 13 that the first LNG shipment under a long-term supply agreement had arrived at a new offshore LNG terminal jointly developed and constructed by the two companies, paving way for the start of operations there. The offshore LNG terminal, located in...
Deal Reached to End British Columbia Port Strike
By Randy Thanthong-Knight (Bloomberg) — A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a…
https://gcaptain.com/deal-reached-to-end-british-columbia-port-strike/
Deal Reached to End British Columbia Port Strike
By Randy Thanthong-Knight (Bloomberg) — A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a…
https://gcaptain.com/deal-reached-to-end-british-columbia-port-strike/
It’s over: Labor deal ends strike at Vancouver, Prince Rupert ports
After being shuttered for 13 days, the key container shipping ports of Vancouver and Prince Rupert in British Columbia, Canada, will open “as soon as possible” after a new labor deal was reached, the British Columbia Maritime Employers Association (BCMEA) announced Thursday.
The tentative agreement has a four-year term and is subject to ratification by both parties. No details were disclosed. The announcement of the end of the port labor impasse came after a federal mediator delivered...
https://www.freightwaves.com/news/its-over-strike-that-closed-vancouver-and-prince-rupert-ports-ends
Ever Given Report Faults Suez Canal Pilots in Grounding
The March 2021 grounding of the Ever Given marked a critical moment for the maritime shipping industry. Its grounding came near start of the pandemic-fueled boom cycle, thrusting the industry…
https://gcaptain.com/ever-given-report-faults-suez-canal-pilots-in-grounding/
218 Empowering Women in Transport: the maritime industry and the Role of the EU
Panel discussion in the European Parliament June, 27th 2023
Ms Vera Tax, MEP European Parliament, organised this panel event to raise awareness amongst the maritime community and policymakers about the importance of women and how to improve working conditions in the sector.
This is a recording of our discussion on June 27 in Brussels. The participants have generously given me permission to share with you what we discussed.
You will hear five panellists (besides me) speaking;
- Ms Line Heimstad,...