Newslines November 2017 Newsletter

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  NEWSLINES

Your monthly digest Issue 8,  November 2017


This month’s news includes: 


Negotiations


IMO moving towards a global climate agreement

In recent negotiations for a global climate agreement, the IMO has embarked on the specific contents of the strategy and made progress with the consideration of specific reduction measures in the short, the medium and the long-term. Yet it remains unclear how to specifically formulate the Organisation’s climate vision and level of ambition in this area. The IMO member States agreed this summer on a structure for the initial climate strategy to reduce shipping’s contribution to greenhouse gas emissions globally. The final negotiations are scheduled for April 2018, when the initial strategy is to be adopted.

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Now is the time to think about Brexit supply chains, says logistics expert

World Trade Organisation tariffs will apply to imports and exports between the UK and the EU, and between the UK and non-EU countries with which the EU currently has free trade agreements, if the UK exits the European Union without any agreed arrangements, according to Alison Conley, partner and head of retail and consumer at MHA MacIntyre Hudson. This could lead to increased administration and costs. Conley advises that “despite the uncertainty around trade relations, tariffs and VAT, retailers have to plan now and consider all the changes that may lie ahead.”

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How container shipping could reinvent itself for the digital age

Container ShipThe shipping industry is now once again facing a period of disruption – this time from digital technologies. Analyst McKinsey & Company encourages the industry players to rethink and advises companies to digitize their operations to take advantage of digital technologies, big data and the Internet of Things. In its forecast McKinsey predicts that autonomous 50,000 TEU ships will set to sea and the volume of container trade will be two to five times what it is today in 50 years from now. Short-haul intra-regional traffic will also increase as converging global incomes, automation and robotics disperse manufacturing footprints. According to McKinsey, shipping companies should invest in digital technologies as well as integrate as next-generation innovations will have to be orchestrated across the entire value chain.

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Generous bunker credit terms could become a thing of the past come 2020

The new regulations of the global sulphur cap, coming into force in 2020, are not only likely to put pressure on the supply of suitable fuel oil to the market but also to the supply of credit. In a recent presentation at the Aracon bunker event, it was suggested that the increase in bunker prices post-2020 may force some shipping companies out of the market while credit managers will also come under pressure to raise credit lines to cover increased fuel costs. Furthermore those companies in the bunker supply chain that are least equipped to handle any inflated financial demands will be most likely to suffer.

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Regulating ship speed could cut emissions by a third – study

Ship speed Shipping greenhouse gas emissions from containerships, bulkers and tankers could be reduced by a third, on average, by reducing their speed, according to a new independent study by NGOs Seas at Risk and Transport & Environment, founding members of the Clean Shipping Coalition (CSC). Figures suggest the cumulative savings from reducing the speed of these ship types alone could, by 2030, be as much as 12% of shipping’s total remaining carbon budget if the world is to stay under the 1.5ºC global temperature rise. John Maggs of Seas at Risk and President of Clean Shipping Coalition said that only reduced speed could give the fast, deep short-term emissions reductions that are needed for shipping to meet its Paris Agreement obligations.

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Road freight operators need to pay attention to new laws regarding tax evasion

Road FreightThe issue of tax evasion in the transport sector is set to be under greater scrutiny than ever before following the introduction of a new law. Recent controversy over the overnight payments to road haulage drivers and the ever present conflict between ‘self-employed’ staff and regular employees make this a topic for which all senior freight and logistics personnel should ensure they understand both their, and their companies, liabilities. Richard Wadkin and Jim Wright of Shulmans LLP discuss how this affects hauliers.                                                                                                                                                                                                                                                                                                                                                                                 Read more


New rail freight services between Europe-China

China Europe Containers

In October 2017 two new rail freight services were implemented on the New Silk Road allowing trains to transit between the north-eastern Chinese city of Changchun and Hamburg, in Germany. Meanwhile, a service between Łódź in Poland and Chengdu in China, transiting via the Russian exclave of Kaliningrad was launched. Within the past year railway connectivity between Europe and China has increased enormously due to the Chinese Belt and Road initiative, a major project with the aim to boost the transport of goods along the Silk Road trading routes.

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Two-thirds of SMEs have no Brexit plans

A recent survey by CitySprint revealed that two thirds of small and medium companies have not made plans to prepare for Brexit. Further results showed uncertainty amongst the respondents as 43 per cent said that they do not have confidence in the government’s ability to protect their businesses from the impact of Brexit. Yet, when asked about the impact of leaving the EU on their business, 19 per cent expect profit margins to decrease and 17 per cent expect revenue to drop.

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Thames should be London’s freight superhighway

The Thames could reduce road congestion in London by becoming a “highway” for transporting freight and construction material, the London Chamber of Commerce and Industry (LCCI) has said. “In effect, the Thames is an underused superhighway which flows through the heart of our capital, surely we should look to maximise its potential,” said chief executive of LCCI, Colin Stanbridge. LCCI requests that the Mayor of London should establish a temporary River Commission to explore possible improvements regarding the use of the Thames.                                                                                                                                                                                                                                                                                 Read more


London airports “completely full” by mid-2030s

Airport

An updated aviation demand forecasts published by the UK government stated that all five of London’s main airports will be “completely full” by the mid-2030s, and four of them within a decade. As a consequence, concerns arise on how the future economic prosperity should be secured when over half of global growth will be driven by emerging economies within a decade as currently London is not directly connected to 128 of the biggest cities in the world and capacity is limited.

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Newslines December 2017 Newsletter

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  NEWSLINES

Your monthly digest Issue 9,  December 2017


This month’s news includes: 


Brexit


UK forwarders concerned over post-Brexit customs plan

The British International Freight Association (BIFA) says that more needs to be done to manage the huge uncertainty faced by a large number of traders over the matter of future Customs declarations once the UK leaves the European Union. BIFA agrees with the House of Commons Public Accounts Committee and shares their concerns over the government and HMRC’s plan for customs procedures post-Brexit. Robert Keen, BIFA director general, said: “It is clear that there will be many problems if the new customs system is not in place and functioning efficiently by the scheduled date that the UK is set to leave the European single market and the Customs Union in March 2019.”

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Drewry: Positive and negative shipping events in 2018
Shipping
“The world has restocked and normal growth patterns are once again reasserting themselves, but for next year we believe there will be a regression to the mean that will result in lower rates of growth in the short to medium term”, according to Drewry, the maritime research consultancy which identified 12 positives and 10 negatives for shipping in 2018 such as a booming South Asian market on the upside and a rise in fuel prices on the downside.

Read more


Ferry boatFerry operators debate alternative fuels

The challenges and opportunities posed by alternative fuels were addressed at the Interferry’s 42nd annual conference in October 7-11, 2017 in Split, Croatia. Mediterranean ferry operators expressed concerns about how to comply with the new 2020 sulphur regulations. It was suggested that using low sulphur fuel would increase costs by €2 million per year and that LNG would be more suited as an option in cold sea temperatures of 7-10 degrees. As for electrification, Soren Danig from Plan B Energy Storage argued that unless electricity can be produced in the quantities required without using fossil fuels, electrical shipping is just shifting the emissions somewhere else.

Read more


Christmas rail delays: Work to shut lines across UK

RailMore than 200 sets of engineering works on lines are planned causing disruption over the Christmas period. Routes across London, Kent, East Sussex, Lancashire, Essex and Glasgow will be affected by the work on the network. Network Rail advises passengers to plan ahead this Christmas as some routes will be “heavily affected” and journey times with planned bus replacements are likely to increase.

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How retailers are reinventing the supply chain for an omnichannel age

Warehouse

Retailers are making the move from multichannel and segregated fulfilment to a truly omnichannel model, where fulfilment capacity and stock availability can be flexibly deployed into any channel as dictated by customer demand. But they find themselves challenged by the complexity these efforts pose for underlying logistics support systems. How are retailers overhauling their supply chains in line with their omnichannel ambitions?

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Rail network New EU rules on rail infrastructure coordination warmly welcomed by freight body

The EU has adopted new rules to improve international coordination of infrastructure works. The European Rail Freight Association (ERFA) commends this news as it helps to create a more customer-orientated rail network and improves the reliability and quality of rail services. The new framework coming into force at the end of the year provides basic consultation and coordination obligations for infrastructure managers aimed at minimising disruptions to rail services. First improvements will start to be felt from the 2018 timetable change and the full impact will be felt by 2020.

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DNV GL: Standardisation to drive shipping’s digital transformation

Shipping transformationA recent paper by classification society DNV GL showed that standardisation can enable the effective collection, storage, analysis, exchange and use of data, while contributing to improved data quality and sensor reliability in the shipping industry. First demonstration and pilot projects of digital technologies in the maritime sector have already started. The emphasis on standardisation could now help to transform these projects into fully scalable products. According to DNV GL there are six key areas for standardisation: Ship data models, sensor naming and referencing, maritime taxonomies and code books, sensor metadata, shipboard data recorder, as well as sensor quality and reliability.

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Sulphur 2020

 

Become a guest blogger for sulphur2020.online

The sulphur cap in 2020 is coming. There are still many open questions like when will the full cost of 2020 be known or what impact will 2020 have on environmental legislation? sulphur2020.online is a dedicated online forum for open and in depth discussions about the implications of the IMO rulings on the reduction of sulphur in maritime fuels by 2020. Do you want to be part of the community and raise issues, debate industry questions and solutions for meeting the requirements in a blog post? It is easy to contribute to the debate, register on the blog or write an email to info@sulphur2020.online

Newslines October 2017 Newsletter

  NEWSLINES

Your monthly digest Issue 7,  October 2017


This month’s news includes: 


HGV driver shortage


HGV driver shortage

A shortage of licenced, qualified HGV drivers in the UK is having an impact on the haulage industry as well as the UK economy. Currently the UK is 60,000 HGV drivers short and due to no sign of improving, a shortfall of 150,000 drivers by 2020 is predicted. Many drivers are coming up to retirement while not enough young drivers are coming through to replace them. Meanwhile, the economic growth has increased the demand for HGV drivers to move more goods.

Read more


Rastatt rail freight corridor reopens, but closure backlash still creating ripples

Rail tracksThe Rhine Valley rail freight corridor via Rastatt reopened in October, allowing European intermodal operators full-capacity on north-south services again.

However, one recent report noted that “due to the intense re-routings of locos, wagons and staff on alternative routes over the last seven weeks, it will take time to bring the situation back to normal”.

Read more


The maritime industry begins assessment of ammonia as a fuel

Since the 1960s ammonia has not been seriously considered for transport fuel – until now, as the maritime industry has begun assessing ammonia as a carbon-free fuel. The first ammonia-specific maritime fuel data should be published by researchers in the UK this year. If ammonia fuel is adopted by the maritime industry, a ripple effect on the commercialization of the broader ammonia energy value chain might follow. Ammonia engines and fuel cells would become proven technologies and relevant risk evaluation criteria, safety procedures, and regulations would become established at regional and international levels.

Read more


Are ports the Cinderella of the transport industry?

Cinderella shoeRecent research by Sir John Randall showed: the road and rail connectivity of ports in the UK is poor. Sir John Randall visited a wide range of ports and operators and found that as a result from poor connectivity ports cannot work as efficiently as they should and therefore are causing delays. Port operators feel undervalued, as ports do not get the political, financial and public attention considering the importance of efficient freight movements to and from ports.

Read more


Belgian ports batten down the hatches for Brexit trade shock

Across the North Sea, continental ports are worried about the worst-case scenario of Brexit – no deal, and the resumption of WTO tariffs. Zeebrugge is one of the most exposed Belgian ports as it does 45% of its trade with the UK. In the worst-case scenario the port would be hit by the resumption of WTO tariffs and as a consequence not only the port would suffer but also producers and exporters. In addition the Port of Dover warned that an extra two minutes on lorry inspections could lead to queues of 17 miles at Dover and similar ports.

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Bunker industry could see interim ISO 8217 marine fuel standard ahead of 2020

Deadline 2020There are concerns in the bunker industry about non-distillate, low sulphur fuel blends, which are entering the bunker market. These concerns could now be met with a provisional version of the ISO 8217 fuel standard.

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Platts proposes new 0.5% sulphur fuel assessments from 2019

Air pollutionEnergy pricing agency S&P Global Platts will start publishing new daily assessments for marine fuels with a maximum sulphur content of 0.5% from January 2019 and continue after the implementation of IMO’s global sulphur cap in 2020. The agency will thereby help the market adapt to the new environmental regulations.

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Diesel deadlines

Diesel deadlineFrance is to increase tax on diesel fuel as country sets its heart on an electric future and taxes on diesel purchased in France are expected to increase in 2018. The level of increase is expected to be €0.076 per litre as Europe decides on deadlines for the phasing out of internal combustion engines. The ban in both the UK and France will begin in 2040, although Norway is looking to phase out these types of engines by 2025.

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Diversity recognition at LISW 2017

Inge Mitchell Women of the year

Inge Mitchell (centre) with Sue Terpiloswki (left)
and David Leighton

At the recent LISW 2017 WISTA UK (Women’s International Shipping & Trading Association) recognised the contribution of two people to the maritime industry. Inge Mitchell and Ewen Macdonald were both honoured for encouraging diversity in the maritime sector. Inge Mitchell has been involved in the maritime sector for more than 50 years including a decade with DFDS shipping line. It was also an opportunity to award her Woman of the Year 2017 and also celebrate Inge’s 90th birthday and thank her for pushing the boundaries of women in shipping and opening up a whole new field of work for women. Ewen Macdonald of the Seavision charity was awarded Mister WISTA of the Year 2017 in recognition of his promotion of the charity supporting young people and education.

Newslines August 2017 Newsletter

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  NEWSLINES

Your monthly digest Issue 6,  August 2017


This month’s news includes: 


Photo1


How will leaving the EU affect UK Transport?

The independent Transport Commission is addressing key Brexit concerns for the UK transportation industries to assist policymakers and the representatives in the ongoing EU-UK negotiations. They outline key issues alongside stressing essential policy outcomes such as EU labour, Frictionless trade, funding and financing and regulatory standards. The Director of the ITC pointed out that transport issues should be given the highest priority by the Government in its negotiations with the EU as transport is an essential role in supporting the UK economy. He also stated that the long time frames involved in transport infrastructure, operations and planning require certainty on future arrangements. Otherwise a transitional arrangement should be explored to help prevent distribution.

Read more


Amazon hunting for 1,300 European warehouses as battle for fast delivery hots up

Warehouse Picture

Amazon is looking for a staggering 1,300 warehouse units across Europe to fulfil its commitments for its one-hour Prime Now delivery service.

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New shipping fuel regulation set to hit commodities

In an attempt to curb emissions from ships, the UN International Maritime Organization has placed a cap on sulphur content in marine fuel oil from 2020. The problems for the oil market are two-fold. Although high sulphur bunker fuel accounts for only 4 per cent of global oil demand, according to the IEA, the marine market has traditionally been an important outlet for the refining industry. The product markets are already reflecting the rule change, with forward prices in 2020 for high sulphur fuel falling and high quality gas oil, a benchmark for low sulphur marine fuel, rising.
(Summary, Original Article by Financial Times.)

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Cyber Security Is one of the hottest topics in shipping at present

Cyber Security

Even though 90% of maritime and offshore companies think more should be done to prevent cyber-attacks, less than half that number had prevention and contingency plans in place.

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Europe lags behind the major world economies in regulating fuel efficiency standards for the fast-growing truck transport sector

The executive Director of the International Energy Agency stated that a regulation in terms of emission and fuel efficiency standards are required as Trucks are responsible for 35% of CO2 emissions despite the huge disparity in numbers compared to regular cars. He stated that this needs to happen quite soon because USA, Canada, Japan & China are already having those and Europe is still behind. The EU executive aims to propose a new legislation on heavy-duty vehicles fuel efficiency standard in early 2018 and monitoring and reporting CO2 emissions and fuel consumptions by heavy duty vehicles from 2019.

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International Energy Agency highlights three major areas of improvement of Road-Freight Transport

Truck Picture

The growth in oil demand from trucks has outpaced all other sectors, including passenger cars, aviation, industry and petrochemical feed stocks. They’re account for almost one-fifth of global oil demand. If no action is taken, oil demand might grow by 5 million barrels per day by 2050, which is about 40%.

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Two Top Stories in the Maritime World:

(Click the headline to read more)

 

MOL Certification for Environment and Energy Management Systems

MOL Group Ship Management Company Acquires Latest International Certification for Environment and Energy Management Systems

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on July 20, its core dry-cargo ship management company, MOL Ship Management Co., Ltd. (MOLSHIP; President: Toshikazu Inaoka; headquarters: Minato-ku, Tokyo) received a new certification of its Environmental Management System ISO14001: 2015 (*1) and Energy Management System ISO50001 (*2) from Nippon Kaiji Kyokai (ClassNK; Chairman & President Koichi Fujiwara; headquarters: Chiyoda-ku, Tokyo) after undergoing stringent transition audit and renewal audit processes.

MOLSHIP acquired ISO14001: 2004 and ISO50001: 2011 certifications at the same time from ClassNK in July 2014 (*3). Since then, it has worked to prevent ocean pollution through management of MOL’s concept ship “ISHIN series” as typified by the eco car carrier Emerald Ace, and set wide-ranging environmental and energy targets, striving for reduction of the environmental impact of vessel operation and protect the ecosystem through continual improvements and reviews.

MOL set the “Environment” as one of the items to be strengthened on a company-wide basis in the new management plan “Rolling Plan 2017.” MOLSHIP and MOL Group dry-cargo ship management companies carefully collect and verify CO2 emissions data through ship management activities, validate and maintain the reduction effects of new technologies such as heat recovery systems, make the most effective use of onboard power sources, and take measures such as reduction of waste generated onboard. All of these efforts contribute to growing the MOL Group’s environment and emission-free business, which is one of the group’s next-generation core businesses, and while protecting the global environment.

MOL – They received a new certification of its Environmental for its core dry-cargo ship management company

July 24, 2017

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on July 20, its core dry-cargo ship management company, MOL Ship Management Co., Ltd. (MOLSHIP; President: Toshikazu Inaoka; headquarters: Minato-ku, Tokyo) received a new certification of its Environmental Management System ISO14001: 2015 (*1) and Energy Management System ISO50001 (*2) from Nippon Kaiji Kyokai (ClassNK; Chairman & President Koichi Fujiwara; headquarters: Chiyoda-ku, Tokyo) after undergoing stringent transition audit and renewal audit processes.

MOLSHIP acquired ISO14001: 2004 and ISO50001: 2011 certifications at the same time from ClassNK in July 2014 (*3). Since then, it has worked to prevent ocean pollution through management of MOL’s concept ship “ISHIN series” as typified by the eco car carrier Emerald Ace, and set wide-ranging environmental and energy targets, striving for reduction of the environmental impact of vessel operation and protect the ecosystem through continual improvements and reviews.

MOL set the “Environment” as one of the items to be strengthened on a company-wide basis in the new management plan “Rolling Plan 2017.” MOLSHIP and MOL Group dry-cargo ship management companies carefully collect and verify CO2 emissions data through ship management activities, validate and maintain the reduction effects of new technologies such as heat recovery systems, make the most effective use of onboard power sources, and take measures such as reduction of waste generated onboard. All of these efforts contribute to growing the MOL Group’s environment and emission-free business, which is one of the group’s next-generation core businesses, and while protecting the global environment.

MOL – A new next-generation engine status monitoring system is gonna be install

MOL to Harness Big Data to Enhance Engine Plant
Preventive Maintenance and Reduce Life Cycle Costs

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the company’s intent to install the “ClassNK CMAXS”, next-generation engine status monitoring system developed by ClassNK Consulting Services Co., Ltd. (CEO & President: Daikichi Nomura; Headquarters: Tokyo), on two newbuilding vessels.

The two target vessels will be equipped with the main engine data analysis function “CMAXS e-GICSX”, from Mitsui Engineering & Shipbuilding Co., Ltd. (MES; President: Takao Tanaka), on a CMAXS common platform system that can simultaneously operate and manage the main engine, power generator, and auxiliaries. The system is also combined with the “CMAXS-LCA” engine operation support service for the generator, supplied by Daihatsu Diesel Mfg. Co., Ltd. (President: Shigeki Kinoshita, Headquarters: Osaka). In addition, more and various remote supervision sensors will be equipped with generators, to aim at more accurate generator status monitoring and improved automatic diagnosis by “CMAXS-LCA”.

Under the “ISHIN NEXT ~ MOL SMART SHIP PROJECT” (Note2), announced in November 2016, MOL is collecting and centralizing big data on board its operated vessels, with the goal of establishing an integrated vessel operation support network that allows timely analysis of results on shore and at sea through marine onboard broadband systems. This network will support vessel operation, reduce environmental impact, improve efficient navigation, and streamline vessel management, in addition to other benefits. The project announced today is part of this initiative.

The system relies on early detection of abnormalities in the electronically controlled engine to ensure correct preventive maintenance and reduce life cycle costs. For details, please refer to the press release on October 8, 2015: “Using Big Data for Engine Preventive Maintenance and Reduction of Life Cycle Costs”

They announced the expected establishment of a holding company and an operating company by July 1, 2017

July 3, 2017
Kawasaki Kisen Kaisha, Ltd.
Eizo Murakami, President & CEO

Mitsui O.S.K. Lines, Ltd.
Junichiro Ikeda, President & CEO

Nippon Yusen Kabushiki Kaisha
Tadaaki Naito, President

Notice of Establishment Schedule for Container Shipping Business Integration
In previous press releases (see below), Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and
Nippon Yusen Kabushiki Kaisha announced the expected establishment of a holding company and an
operating company by July 1, 2017, for the integration of the three companies’ container shipping
businesses, including terminal operation businesses outside Japan.

As of today, the new company to be established has received all necessary approvals for compliance with
local competition laws in regions and countries where compliance is required for the new company’s
establishment, and progress is being made towards completing the establishment of the new integrated
container shipping business. Further details will be announced upon completion of all establishment
procedures.

In the Republic of South Africa, the new company expects to complete the approval process for
compliance with competition law before the service commencement date of April 1, 2018.

Overall, there is no impact on the three companies’ integration plans for the new container shipping
business, and the service commencement date for the new company is likewise unchanged from April 1,
2018.

Mol- They announced the progress of the container shipping

July 3, 2017

 

Notice of Establishment Schedule for Container Shipping Business Integration

 

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today
announced the progress of establishment process of the container shipping business
integration.

 

Please find the attachment for detailed information.

 

For further information, please contact:
Public Relations Office,
Mitsui O.S.K Lines, Ltd.
TEL: +81-3-3587-7015 / FAX: +81-3-3587-7705
Email: pblmo@molgroup.com

Newslines June 2017 Maritime

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  NEWSLINES

Your monthly digest Issue 5,  June 2017


This month’s news includes: 

  • New information on autonomous ships
  • Updates on the Ballast Water Management Convention
  • Good news for the shipping industry

Ship


Lloyd’s Register Releases New Code In Order to Certify Unmanned Ships

Lloyd’s Register (LR) has put out a goal-based code that will take a different approach to the operation unmanned ships. It will assess unmanned marine systems by using a structured approach and defines a set of safety and operational performance requirements.

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ICS Asks IMO to Push Back Ballast Water Implementation Dates

The International Maritime Organization (IMO) has been urged by the International Chamber of Shipping (ICS) to support a proposal to delay the implementation dates for the installation of new ballast water treatment systems.

Read more


Shipping Industry Demonstrates Signs of Improvement

Ship Tied

The shipping industry has fought many battles such as dealing with freight rates, price wars, and more. According to industry executives and analysts, these struggles may nearly be over for container and dry-bulk shipping operators, due to the improving global economy.

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Shipping Industry Pulls Together to Fight Cyber-Crime

The innovative maritime industry is becoming more digitised, but that leaves them more vulnerable to cyber-crime. The industry has collaborated and created a “global cyber-crime reporting portal” in order to get ahead of the curve.

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Port in Dundee Offers Many New Job Opportunities

Port

Tayside’s port business has been growing rapidly in the past six months, and the industry is also expanding as a result of new major investments.

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EU Port Services Regulations Commence

The European Union Port Services Regulation came into force on March 24 and it is required to be enforced by legislation as of March 24 2019. These regulations provide an outline for the provision of port services and ground rules on financial transparency, port services, and port infrastructure charges.

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Autonomous Ships On The Horizon

A collection of shipbuilding companies are working together to give new ships the power to steer their own courses.

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Ballast Water Management Treaty Has Been Expanded

The Bahamas, Singapore, Australia, Saudi Arabia, and United Arab Emirates have recently committed to the Ballast Water Management Convention which is aimed at finding new ways to prevent from potentially invasive species transported in ship’s ballast water from contaminating other marine ecosystems.

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Three Top Stories in the Maritime World:

(Click the headline to read more)