The International Maritime Organization’s (IMO) latest meeting of the Sub-Committee on Carriage of Cargoes and Containers (CCC) takes place in London this week and the international freight insurance specialist, TT Club is calling for more urgent action on issues pertaining to the safety of container transport. For some time now the insurer has been drawing…
Ships plying their trade across the world’s oceans are subject to stringent environmental, safety and security rules, which apply throughout their voyage. The comprehensive regulatory framework developed by IMO for international shipping has been highlighted during a United Nations oceans conference in New York, United States (4-17 September). The conference is taking the first steps…
Global energy and commodity price reporting agency Argus today launched a low-sulphur fuel oil (LSFO) price assessment for the shipping fuel market in Singapore. The Argus LSFO 0.5%S price is the first assessment to be launched for new fuels needed to comply with lower sulphur limits for the shipping sector being introduced by the International Maritime…
The International Maritime Organization (IMO) observes 70 years since the Convention establishing the organization was adopted. This year’s theme is, “IMO 70: Our Heritage — Better Shipping for a Better Future.” In addition to commemorating the day, the National Maritime Policy Implementation Committee launches its website, ‘Maritime Matters’ www.bahamas.gov.bs/maritimematters The objective of the website is to…
In 2018, IMO celebrates 70 years since the Convention establishing the Organization was adopted. The World Maritime Day theme for the year is “IMO 70: Our Heritage – Better Shipping for a Better Future“. This provides the opportunity to take stock and look back, but also to look forward, addressing current and future challenges for maritime transport…
Maritime transport is essential for sustainable trade and development. It’s a central part of the “Blue Economy”, which has enormous potential to promote economic growth and improve peoples’ lives – while addressing many of the UN Sustainable Development Goals. But many countries are unprepared to take advantage of this potential. This video explains how a…
Del Monte Fresh Produce (“Del Monte”) entered into a definitive agreement for the building of six container ships to service their ocean transportation lanes between Central/South American and U.S. ports. This ship building program will initially replace their entire U.S. east coast fleet of vessels, with the first ship delivery estimated in late 2019, and…
International Maritime Organization (IMO) Secretary-General Kitack Lim has expressed his great sadness over the recent casualty of the Nyerere, a domestic ferry flying the flag of the United Republic of Tanzania and sailing on Lake Victoria. “On behalf of the IMO membership, the Secretariat and myself, I would like to send our deepest sympathies to the families and…
An IMO sub-committee has completed draft interim guidelines for the safety of ships using methyl/ethyl alcohol as fuel, setting them on course for formal approval by the IMO’s Maritime Safety Committee (MSC) in 2020. The goal of these guidelines is to provide for safe and environmentally-friendly design, construction and operation of ships and in particular…
IBIA welcomes signs that work may soon get underway on developing a new chapter specifically for oil-based fuels with a flashpoint below 60°C within the context of the IGF Code, which would simplify the process for ships to demonstrate that they are designed to use such fuels safely. Germany made a presentation to the 5th…
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