Blog – Page 3696 – Seaview Corporate

HMM y CMA CGM lideran crecimiento en capacidad de la flota global en 2020

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

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Container shippers hoping for rate relief in Q1 may have to wait

Shippers hoping for a break from escalating container rates in the new year may need to endure several more weeks of challenging market conditions before an increase in box supply in Asia balances with demand for available capacity. Container freight rates may see an additional period of uplift for major routes from Asia in January …

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Technology will help maritime transport navigate through the pandemic—and beyond

Maritime transport is the backbone of the global economy, accounting for over 90% of cross-border trade. And like most other industries, shipping is being rapidly transformed by a range of technology innovations that aim to make operations greener, cheaper, and more efficient. At the same time, the COVID-19 pandemic has upended maritime transport and created …

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Shipping Faces New Turmoil in European Emissions Trading Plan

Cooperation in the shipping industry to cut pollution from oceangoing vessels is running aground in Europe. The European Union is moving to bring the maritime sector into its Emissions Trading System, a plan that would put a new tax on ships that serve the continent’s ports. The effort is part of the EU’s strategy to …

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Demystifying Ship Recycling: Safe removal and recycling of batteries recovered during Ship Recycling

Batteries are used as an emergency source of electric power on ships of all types. Lead is usually found in lead-acid batteries. Lead is considered as heavy metal and correct handling of it is essential. Similarly, contact with acid is hazardous to human health. End-of-Life vessels are delivered to the Hong Kong Convention (HKC) compliant …

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As Illicit Shipping Becomes More Prevalent, How Banks Can Best Respond

The maritime sanction compliance advisories published by the United Nations Security Council Panel of Experts for North Korea, the US Department of Treasury’s Office of Foreign Assets Control (OFAC) in May 2020 and the UKs Office of Financial Sanctions Implementation (OFSI) in July 2020, have all added to the growing burden on vessel screening by …

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Next in the print queue: critical engine parts

What was the last thing you printed? While for many of us it’s likely to be a work document or a pile of handouts, the research engineers at the Wärtsilä Hub for Additive Manufacturing (WHAM) has moved into another dimension – printing critical engine components and leading the way in 3D printing utilisation. 3D printing, …

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Pan Oncea: Long -Term Time Charter Contract Of One LNG Carrier

Pan Ocean Co., Ltd. (“the Company”) wishes to announce that the Company has entered into a Time Charter Contract one LNG Carrier with Galp Energia, E&P, B.V.(“Galp”) on 30December 2020 at estimated total sales of approximately USD 115million. The Contractwill start from February 2023 and firm duration is 5 years and Galp has 2 extension …

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Sanctions again – and also penalties

Banco San Juan Internacional, Inc. v Petroleos De Venezuela SA (PDVSA)¹ is another case in which the effect of US sanctions has come before the English courts. In this instance, unsurprisingly, the court did not agree with PDVSA that it could rely on sanctions provisions in finance documents to escape its obligations as borrower on …

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Diplomatic talks with China on; stuck Indian sailors to reach India soon: Mandaviya

“Concerning this, China has stayed in close communication with the Indian side and responding to their requests as well as providing necessary assistance for them, he had said. China on December 25 had said that there is no ‘link’ between stranded Indian ship crew on its Chinese ports and its strained relations with India and …

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