All Shipping articles – Page 106
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UAL's Caribbean expansion
Universal Africa Lines (UAL) will introduce a direct liner service connecting Europe with the Caribbean and the north coast of South America.
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Court appoints Hansa Heavy Lift administrator
The Hamburg District Court has appointed Dr. Christoph Morgen as preliminary insolvency administrator for Hansa Heavy Lift.
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Hansa Heavy Lift files for insolvency
Years of rumours and hearsay came to a dramatic climax today following confirmation that Hansa Heavy Lift has filed for insolvency.
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BIMCO launches bunker clauses
BIMCO has launched two sulphur content related bunker clauses: BIMCO 2020 marine sulphur content clause for time charter parties; and BIMCO 2020 fuel transition clause for time charter parties.
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Zeaborn backs technology investor
Zeaborn Group has joined Bitstone Capital and Inno Real to invest in TecPier, a new maritime technology investor.
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BIMCO set to tackle cyber security
The Baltic and International Maritime Council (BIMCO) expects to publish a cyber security clause in May 2019.
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MSC readies for additional costs from Sulphur 2020
MSC Mediterranean Shipping Company has estimated that the various changes it is making to comply with the International Maritime Organization’s (IMO) Sulphur 2020 regulations will cost the shipping line in excess of USD2 billion per year.
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Ports restrict the use of scrubbers ahead of Sulphur 2020
Exhaust gas cleaning systems (EGCS), more commonly referred to as scrubbers, are an accepted way to comply with the upcoming Sulphur 2020 regulations, but several ports have banned the use of open-loop scrubbers in their waters.
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A.P. Moller - Maersk targets carbon neutrality
A.P. Moller - Maersk has set out its net-zero carbon dioxide emissions target as it aims to accelerate the transition to carbon-neutral shipping.
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Costs set to rise as Sulphur 2020 looms
With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
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Matson modernisation programme kicks off
Honolulu-headquartered shipping line Matson has added the first of four 3,600 teu containerships that will join its Hawaiian service over the next two years.
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Crowley integrates liner division
Crowley Maritime Corporation will complete the merger of its liner services group into Crowley Logistics on January 1, 2019.
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EC approves German bank sale
The European Commission (EC) has approved the privatisation of German state-owned HSH Nordbank to a consortium of private equity funds led by J.C. Flowers and Cerberus.
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Protectionism tops shipping industry concerns
A study developed by the BPI Network, in partnership with Navis, has revealed that trade tensions, cyber security and uncertainty surrounding fuel costs are causing concern for leading executives in the global maritime industry.
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Bremer Lloyd wins Borkum contract
Bremer Lloyd has secured the contract to transport 96 rotor blades for the 200 MW Trianel Windpark Borkum II offshore wind farm, located in the North Sea.
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Cosco orders pulp carriers
Cosco Shipping Specialized Carriers has ordered five 62,000 dwt multipurpose vessels, plus four options, which will be built at Cosco Shipping Heavy Industry (Dalian) in China.
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New sulphur regulations for Hong Kong and Taiwan
Hong Kong and Taiwan will implement a local 0.5 percent sulphur cap from January 1, 2019, one year ahead of the International Maritime Organization’s (IMO) sulphur 2020 regulations, according to insurance provider Gard.
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Lim secures second term as head of IMO
The International Maritime Organization (IMO) Council has agreed to renew the appointment of Kitack Lim as secretary general of the organisation for a second four-year term.
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Heavy-duty transport emissions set to decline
Reaching net-zero carbon emissions for heavy industry and heavy-duty transport sectors is technically and financially possible by mid-century – 2050 in developed countries and 2060 in developing countries - according to the Energy Transitions Commission.
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Orion launched in China
DEME’s offshore installation vessel, Orion, has been launched at the Cosco Qidong shipyard in China.