US grants Iran oil waivers to 8 countries

The US has awarded temporary exemptions to eight countries allowing them to continue buying Iranian oil. These countries are: China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea.

UK to announce changes on offshore wind auction

The UK government is planning to publish during November the final policy regarding changes to the contract for difference (CfD) scheme for the third round, which will launch May 2019, regarding offshore wind and other less established technologies.

Shipping is beginning to notice wind propulsion solutions

Lately the shipping industry has reached a wide consensus that it must decarbonize the sector. Especially ahead of the 2020 sulphur cap, the industry is trying to improve its environmental footprint. In this attempt, several companies are considering wind propulsion technology solutions.

Collision between three ships reported at Kaohsiung port

A collision incident between two tankers and a container ship took place in Kaohsiung port on Saturday, October 3 morning. Namely, a chemical tanker collided with a smaller tanker, which then accidentally hit a container ship at the port.

Great Eastern becomes first Indian fleet owner to order scrubbers

Great Eastern Shipping Co Ltd will fit exhaust gas cleaning systems or scrubbers on seven of its ships. This makes it the first Indian fleet owner to take concrete steps to comply with the 0.5 per cent cap on sulphur in ship fuel oil mandated by the International Maritime Organisation (IMO) from January 1, 2020.

How Hapag-Lloyd will comply with the IMO2020 regulation

The global fuel regulation IMO2020 will enter into force on January 1, 2020 – from that point on, all vessels worldwide will only be able to use fuel oil with a maximum sulfur content of 0.5 percent. In this video, CEO Rolf Habben Jansen explains which options exist for complying with the regulation and discusses the structure of the Marine Fuel Recovery (MFR) mechanism that Hapag-Lloyd introduced in October.

Evergreen Terminal Evacuated after Container Explosion

A shipping container exploded on Tuesday evening, October 30, at the Evergreen Terminal, located under the Vincent Thomas Bridge, in the Los Angeles Harbor in the U.S. state of California.

DP World, NIIF to Build Free Trade Warehousing Zone in India

A joint venture of DP World and National Investment and Infrastructure Fund (NIIF) has won the bid to develop and operate the Free Trade Warehousing Zone (FTWZ) at India’s largest container gateway – Jawaharlal Nehru Port Trust (JNPT).

Port of Rotterdam’s Container Volumes Continue to Grow

Port of Rotterdam saw its total throughput drop by 0.4% in the first three quarters of 2018, compared to the same period a year earlier.

Norway, Russia agree to acquire seismic data in Barents Sea

Norway's Minister of Petroleum and Energy Kjell-Børge Freiberg and his Russian colleague, Minister of Natural Resources and Environment Dmitry Kobylkin signed an agreement on mutual rights to seismic acquisition in the Barents Sea.