Category: Hoortash Iranian

Hoortash Iranian
29 Jan by

LNG groups refute ICCT emissions claims

January 29th, 2020 Sam Chambers Environment, Gas 0 comments Yesterday’s high profile report into the climate implications of using LNG as a marine fuel produced by the International Council on Clean Transportation (ICCT), which was read by thousands of people on this site, has drawn swift criticism from the fuel’s most vocal backers. The 40-page […]
Hoortash Iranian
29 Jan by

BDI chopped in half since the start of the year

January 29th, 2020 Sam Chambers Dry Cargo 0 comments It has been a dire start of the decade for the dry bulk sector, especially for capesizes. The Baltic Dry Index (BDI) has dropped by 50.5% since the start of the year to close on 539 points yesterday. Researchers at brokers Intermodal noted in their most […]
Hoortash Iranian
29 Jan by

How the coronavirus impacts container availability

January 29th, 2020 Splash 24/7 Containers, Contributions, Greater China 0 comments Florian Frese from Container xChange warns that empty containers are piling up in Shanghai. Everyone is talking about the coronavirus in Wuhan, China. Thousands of people have been infected all over the world with the number of deaths from the virus now in triple […]
Hoortash Iranian
28 Jan by

New report argues LNG as a fuel could worsen shipping’s climate impact

January 28th, 2020 Sam Chambers Bunkering, Environment, Gas 0 comments A damning report published this week from the International Council on Clean Transportation (ICCT) argues that ships fuelled by liquefied natural gas (LNG) do not deliver the emissions reductions required by the International Maritime Organization’s initial greenhouse gas (GHG) strategy, and that using LNG could […]
Hoortash Iranian
28 Jan by

NYK establishes first dedicated roro terminal in Egypt

January 28th, 2020 Sam Chambers Asia, Ports and Logistics 0 comments Japan’s Nippon Yusen Kaisha (NYK), together with Bolloré Africa Logistics (Bolloré) and Toyota Tsusho Corporation (Toyota Tsusho), has signed an agreement with the General Authority for the Suez Canal Economic Zone to set up and operate a dedicated automotive terminal at East Port Said […]
Hoortash Iranian
28 Jan by

Dutch government backs Groningen shipowners with €250m fund

January 28th, 2020 Grant Rowles Europe, Finance and Insurance 0 comments A heartland for Dutch shipowning is set to be revitalised with a €250m injection of funds into the NesecShipping Debt Fund. Institutional investors and the Province of Groningen will offer financing for Dutch shipowners through the fund, supplemental to existing credit capacity from banks, […]
Hoortash Iranian
27 Jan by

Stellar Daisy’s sister ships sent for demo

January 27th, 2020 Sam Chambers Asia, Dry Cargo 0 comments Two months ahead of the third anniversary since the sinking of the Stellar Daisy with the loss of 22 lives, the ship’s owner, Polaris Shipping from South Korea has decided to condemn to history all of the sister ships of the converted ore carrier. Splash […]
Hoortash Iranian
27 Jan by

Why the shipping industry should not fear transparency

January 27th, 2020 Splash 24/7 Contributions, Operations, Tech 0 comments Stefan Kukman, founder and CEO of CargoX, writes exclusively for Splash today, explaining to readers some of the intricacies of blockchain. Transparency is often heralded as one of the chief benefits of digitalisation. Being able to root out corruption, improve the customer experience, help make […]
Hoortash Iranian
27 Jan by

Shipping urged to prepare for Wuhan coronavirus

January 27th, 2020 Grant Rowles Greater China, Operations 0 comments As the official numbers of Wuhan coronavirus infections in China rise and the virus starts to spread globally, shipping is being urged to prepare on several fronts. The International Transport Workers’ Federation (ITF) has issued advice to seafarers, asking ship crew to familiarise themselves with […]
Hoortash Iranian
24 Jan by

Bunker fuel price spreads tipped to have peaked, on course to fall below $200

January 24th, 2020 Sam Chambers Bunkering 0 comments Scrubberless shipowners are breathing easier in the knowledge that 24 days into the global sulphur cap era it appears the industry has already passed the peak in terms of price spread between high and very low sulphur fuel oil (VLSFO). In Singapore, the world’s top bunkering hub, […]

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