Hints and tips:
Related Special Reports
...The push to tweak the IMO rules was “greenwashing at the highest level”, argued Faig Abbasov, shipping campaigner at climate lobby group Transport & Environment....
...“It depends on how the structure goes and what the level of risk-sharing is going to be between the government and private insurance companies,” said Gryban....
...Volkswagen had already put the marine terminal for its car carriers outside the Key Bridge....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...However, the continued reluctance of many shipping companies to sail through waters off Yemen has raised questions about what change in conditions might prompt shipping companies to start braving the area...
...Another key finding was that untracked fishing vessels routinely entered marine protected areas, with an average of five operating in the Galápagos Marine Reserve and 20 in the Great Barrier Reef each week...
...The vessel is managed by SR Shipping, part of a steelmaking company called the Kabir group. The company did not immediately respond to questions....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...“Entries on open-source platforms such as Marine Traffic are often used, which may not have been updated with recent ownership details, leading to attacks on unconnected vessels,” Kelly said....
...However, marine websites showed aspects of the management of the ship were undertaken by GMZ Ship Management, based in Beirut....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...However, Michael Bodouroglou, chair of Athens-based Allseas Marine, said some companies seeking to charter his so called “dry bulk” ships had asked to take out of the contract a standard “wartime” clause...
...The Ukrainian government, which has been focused on securing support for the corridor from shipping companies to maintain its international trade, released few details about the incident....
...The responsibility for keeping the trade artery open between east and west no longer lies with commercial shipping companies....
...But Roger Holm, president of Wartsila’s marine power division, says the company is yet to receive its first order, and the development of carbon capture is still in its “early phase”....
...One company was looking to commission a ship with “fully contained” storage for cars, Gunn added. Shipowners could face growing pressure from clients to make these kinds of upgrades....
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
...Traders will also be closely watching whether other companies follow BP’s example....
...America’s transport crisis: The debacle at Boeing and the collapse of Baltimore’s Francis Scott Key bridge are connected, writes Rana Foroohar, in unexpected ways....
...Amalie Grevsen, Maersk’s recently recruited head of marine culture, said the company continued to receive complaints from workers but is also seeking to tackle the issue....
...Taiwan-based Evergreen Marine said this week it had “decided to temporarily stop accepting Israeli cargo with immediate effect”, and instructed its container ships to “suspend navigation through the Red...
...Even when the Russian grain accord was in place, a go-slow by Russian inspectors mandated to check Ukrainian cargos at sea meant transport costs were not much lower....
...But the war in Ukraine has caused a sustained increase in rates unlike anything seen for a generation, says Dan McCarthy, head of marine at Markel International....
...“There are still many companies that do not insure the cargo for war risk until their ships cross into Ukrainian waters and take the risk due to the current high costs of insurance.”...
International Edition