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Panama Canal reminds shipping industry IMO 2020 is just around the corner

On November 6 this year, the Autoridad del Canal de Panama sent a reminder to all shipping agents, owners, and operators concerning Fuel Requirements in the Panama Canal. Advisory to shipping No. A-39-2019 has been issued because the upcoming international sulphur cap for marine fuels (IMO 2020), which will go into effect January 1, 2020,

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CP to acquire Central Maine and Quebec Railway

Canadian Pacific and Fortress Transportation and Infrastructure Investors (FTAI) announced they have entered into a definitive agreement whereby CP will acquire the Central Maine & Quebec Railway (CMQ).The transaction is expected to close by the end of this year. CMQ owns 481 miles (774 kilometres) of rail lines primarily in Quebec and Maine. The end-to-end transaction will provide CP customers with

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IMO agrees a goal-based approach to help cut emissions is best for now

The IMO, which met in London this week to discuss how the shipping industry can continue to decarbonize, has agreed that a mandatory goal-setting approach is the best way to reduce carbon emissions in the short-term. Full details of the approach will be discussed next year. States and NGOs discussed the details and the complexities of the

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Ulstein introduces hydrogen-powered support vessel design

Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution. The first complete hydrogen fuelled prospect has been put together by Ulstein Design & Solutions BV and Nedstack fuel cell technology BV with the intent of reducing the environmental footprint of offshore projects. The ULSTEIN SX190

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BC Ferries awards contracts for four more hybrid electric vessels

VICTORIA – BC Ferries has awarded Damen Shipyards Group of the Netherlands contracts to build four more battery electric-hybrid Island Class vessels scheduled to go into service in 2022. In the spring of 2017, BC Ferries awarded Damen contracts to build two “first in class” of these battery electric-hybrid vessels. These vessels have successfully completed

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CMA CGM joins Maersk and Hapag-Lloyd in low-sulfur surcharge

French carrier CMA CGM today became the third global shipping line to announce a low-sulfur charge effective December 1 for cargo moving on short-term contracts of up to three months. It joins Maersk Line and Hapag-Lloyd who sent similar “Environmental fuel fee” notifications last week to cover an increase in fuel-related costs determined by the

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