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Shipping capacity crunch hindering global economic recovery

  A ‘maxed-out’ container shipping industry is setting limits on what international trade can contribute to post-Pandemic recovery. The shortage of vessels and equipment in global container shipping markets is hindering the pace of economic recovery in countries emerging from pandemic restrictions, says the latest Container Shipping Market Quarterly Review issued by the Global Shippers

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Trafigura and Yara join forces towards the use of ammonia as a marine fuel

  Oslo and Singapore – Fuel trader Trafigura and ammonia fertilizer manufacturer Yara International have signed a Memorandum of Understanding to collaborate on the development of the use of ammonia as a marine fuel and to explore ways to partner in green and blue ammonia fuelling infrastructure and market opportunities. Reducing shipping emissions is a

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CMPA Launches the National Centre of Expertise on Maritime Pilotage

  OTTAWA (Ontario) – Professional Licensed maritime pilots across Canada hold extensive technical and local knowledge. Today, the Canadian Marine Pilots’ Association (CMPA) is announcing the launch of a National Centre of Expertise that brings together pilots from every pilotage district across Canada and provides a unique source of expertise on technical matters, training and

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Maersk CEO calls for big carbon tax on bunker fuel

  The CEO of the world’s biggest container line has called for a carbon levy on bunker fuel that exceeds any other similar decarbonisation proposal from maritime interests. In a surprise statement, Maersk’s Søren Skou has recommended  a carbon tax of at least $450 per ton of bunker fuel ($150 per tonne CO2-equivalent). The proposal

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Justifying the unjustifiable on inhuman seafarer crisis… (forum)

    By Michael Grey* Nobody should be surprised that there has been something of a fight back by ship operators after the World Maritime University’s research earlier in the year showed up widespread “adjustment” in the recording of seafarers’ hours of work and rest (see A Culture of Adjustment). It was a shocking report,

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Officer shortfall at sea heading for decade-high by 2026

  Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by 2026, estmates London-based Drewry shipping consultancy in its latest manning report. Drewry believes the latest trends will have important implications

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LOGISTEC and Gulf Stream Marine Officially Certify Five Terminals in the U.S. Gulf Coast

  MONTRÉAL – LOGISTEC Stevedoring Inc. (“LOGISTEC”) and its subsidiary in the U.S. Gulf Coast, Gulf Stream Marine, Inc. (“GSM”), announced that five terminals in Texas are now officially certified as part of the Green Marine Environmental Certification Program. GSM’s Corpus Christi, Manchester, Brownsville, Care and Freeport terminals in Texas have joined LOGISTEC’s 13 other certified

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A.P. Moller – Maersk to provide end-to-end carbon footprint visibility

  A.P. Moller – Maersk is further assisting its customers with decarbonising their supply chains with the launch of an Emissions Dashboard. The Emissions Dashboard is an analytical data tool where customers are provided with carbon footprint measurements from their entire supply chain, giving a detailed emissions overview whether their products are transported via truck,

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