International

FMC launches expedited inquiry into ocean carrier pricing practices

  The Federal Maritime Commission has launched an expedited inquiry into the timing and legal sufficiency of ocean carrier practices with respect to certain surcharges. Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced. BoE has given the …

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World shipping losses lower but serious cyber/climate change challenges on horizon

  Dreamstime photo shows yellow cutting cranes over Golden Ray car carrier that capsized near Brunswick, Georgia. The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the Ever Given Suez Canal incident and prepare for cyber and climate change challenges …

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American shipper files lawsuit with FMC over alleged abusive pricing by container lines

  An American furniture shipper has filed a $600,000 lawsuit with the Federal Maritime Commission (FMC) against a couple of global containerlines, which it claims have repeatedly contravened terms of the US Shipping Act, according to a report by Sam Chambers in the Splash247 daily newsletter. The case will be watched carefully by other shippers, …

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Drewry’s sees soaring container rates continuing

  Drewry’s today reported that its World Composite Index (WCI) increasedby 4% or $344 to reach $9,330.28 per 40ft container – which is 368% higher than the same week in 2020.The UK-based shipping consultancy expects rates to increase further in the coming weeks. The average composite index of the WCI, assessed by Drewry for year-to-date, …

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Canadian fertiliser giant and Exmar team on ammonia-fuelled vessel

  SASKATOON, Saskatchewan- Nutrien and EXMAR announced today that they have signed a Collaboration Agreement to jointly develop and build a low-carbon, ammonia-fueled vessel. Partners for over three decades in transporting ammonia globally, Nutrien is one of the world’s largest producers of low-carbon ammonia and EXMAR is a leading player and innovator in the transportation …

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Marine salvage expertise must not decline… (Forum)

  By Michael Grey* These are tough times for the professional salvor, with concern being expressed about weak revenues and worries about capacity. To the casual inquirer about salvage matters, it might seem that marine casualties have been both frequent and spectacular of late, what with containership fires, blazing tankers and car carriers that won’t stay …

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ACPA welcomes November re-opening of cruise operations

  The Association of Canadian Port Authorities (ACPA) has welcomed the announcement made on July 15 by the Minister of Transport, the Honourable Omar Alghabra, to rescind the federal government’s Interim Order – effective November 1, 2021, that until now suspended cruise ships from operating within Canadian waters until February 28, 2022. This is positive …

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MSC and Shell collaborate closely towards decarbonization

  MSC Mediterranean Shipping Company (MSC), the world’s second-largest container line, and Shell International Petroleum Company Limited (Shell) have agreed to work closely together to help accelerate the decarbonization of the global shipping sector. The long-term memorandum of understanding will help MSC and Shell to play enhanced roles in the energy transformation of shipping, as …

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SEA-KIT first to receive Lloyd’s Register Unmanned Marine Systems certification

  Essex, United Kingdom – The first ever Unmanned Marine Systems (UMS) certificate has been awarded to SEA-KIT International by Lloyd’s Register, representing an important milestone for the maritime industry. SEA-KIT has worked closely with Lloyd’s Register since early 2020 in a concerted effort to achieve the highest standards for the Unmanned Surface Vessel (USV) …

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