US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’

The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, […]

The post US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’ appeared first on Offshore Energy.

https://www.offshore-energy.biz/us-led-coalition-of-global-powers-warns-houthis-to-stop-illegal-attacks-or-bear-the-consequences/

President signs Ocean Shipping Reform Act into law

President Joe Biden yesterday signed the Ocean Shipping Reform Act of 2022 (OSRA) into law. As we reported when the measure was passed, the legislation expands the authority of the Federal Maritime Commission (FMC) in a number of ways.

President Biden, who in no fan of the major ocean carriers, turned his attention to them again in remarks made at the signing ceremony,

“Nine major shipping companies consolidated into three alliances control the vast majority of ocean shipping in the world and...

https://www.marinelog.com/legal-safety/legislation/president-signs-ocean-shipping-reform-act-into-law/

WSC Raises Concerns Over Cargo Vessels That Are Lost Every Year

Even though uncertainty around transport and trade remained an overriding concern in the past year, the United Nations Conference on Trade and Development (UNCTAD) estimates that roughly 80% of global trade by volume and 70% by value is still transported by sea, reports Marine Traffic.

Massive Cargo vessels 

At the moment, there are thousands of containerships continuously operating on the world’s seas and waterways, providing vital supplies to communities around the globe.

More specifically, over...

https://mfame.guru/wsc-raises-concerns-over-cargo-vessels-that-are-lost-every-year/

World Shipping Council stays in step with Shipping Act

World Shipping Council

The World Shipping Council (WSC) has filed an agreement with the U.S. Federal Maritime Commission (FMC) to ensure that its continued container shipping advocacy work complies with the 1984 Shipping Act.

WSC submitted the six-page agreement to the agency on Oct. 1. Without objection from the commission, it will become effective Nov. 15.

Since its formation in 2000, the Washington-based WSC has interfaced with governments and advocated positions in regard to laws, policies, rules and regulations of...

https://s29755.pcdn.co/news/world-shipping-council-stays-in-step-with-shipping-act

Maritime industry critical of EU’s emissions stance

Industry associations and regulators have criticised the European Union following Wednesday’s (16 September) vote in the European Parliament to include shipping in the EU Emissions Trading System (ETS).

Concerns from the industry centre around the undermining of the sector’s global regulator, the International Maritime Organization (IMO) and its efforts to develop global market-based-measures to reduce carbon from shipping.

The EU said it had tired of the delays within the shipping regulatory...

https://container-news.com/maritime-industry-critical-of-eus-emissions-stance/

CIG collaborate to promote safety and security in shipping

In further evidence of how the maritime sector is working in unison to find solutions to long standing problems four industry associations and insurers TT Club are collaborating to produce simplified guidance for packing containers.

The Container Owners Association (COA), Global Shippers Forum (GSF), the International Cargo Handling Co-ordination Association, (ICHCA) International, insurers TT Club and the World Shipping Council representing vessel owners and operators, who together form the...

https://container-news.com/cig-collaborate-to-promote-safety-and-security-in-shipping/

Lines raise serious concerns over EU’s “quasi-global” ETS plans

The World Shipping Council (WSC), which represents around 90% of the world’s container shipping lines, has voiced its “serious concerns” with European Union proposals to expand its Emissions Trading System (ETS) to include shipping.

In a paper published on 10 September the WSC believes that the European Commission (EC), by using its Monitoring Recording and Verification (MRV) tool as the basis for its ETS charges, will cover a geographical area that goes far beyond the scope of the European...

https://container-news.com/lines-raise-serious-concerns-over-eus-quasi-global-ets-plans/

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