A shipbuilding broker has estimated that the cost per vessel will be around $215 million.
The captain and his first officer were found guilty of smuggling 137kg of cocaine aboard their Panama-flagged bulker vessel.
Fewer than 5% of 167 national administrations are regularly submitting the results of their inspections to the IMO.
“Without an ambitious pricing mechanism, the shipping industry may not reach its decarbonisation goals in time.” – Maersk CEO.
Far East and Asian markets are predicted to consume 33% of apple exports and 17% of pears from SA this year.
Since January 1, it’s been mandatory for IMO member states to use a single digital platform.
Shipping lines back in the driving seat as shippers face torrid time.
Unless labourers and employers extend the deadline for a new deal, a port strike is just 12 days away.
“In general, the cargo market is healthy and in a good place.” – Mike Brews, IUMI.
Imported bunker fuel requires special customs and excise storage warehouses for proper registration and taxation before being sold or transhipped.
Authorities and MSC are working closely to assess the full extent of the damage.
Selected pilot projects will receive assistance relating to technical and economic feasibility, risk assessment and stakeholder engagement.