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Philippos Ioulianou, managing director of Emissionlink, on what shipping has learned from the EU ETS. In less than 100 days, shipping companies operating in Europe face a critical test as the deadline for surrendering carbon allowances under EU ETS is September 30. Miss the deadline, and the consequences could be severe, Costly fines, exclusion from …
https://splash247.com/100-days-to-surrender/
https://splash247.com/100-days-to-surrender/China’s coal imports from Indonesia, the country’s largest coal supplier, fell 26% on the year to 12.48 million tons in May, customs data showed on Friday, amid a sharp fall in overall coal imports. Imports from Russia fell 9% in May from the same month last year to 8.25 million metric tons. Imports from Australia ...
https://www.hellenicshippingnews.com/chinas-may-coal-imports-from-indonesia-slide-26-russia-shipments-fall-9/Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under pressure as iron ore volumes from West Australia declined. While coal cargoes from East Australia offered some support, they weren’t enough to offset the broader weakening. C5 rates steadily fell from $11.00 early in the ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-on-the-back-foot-last-week/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-on-the-back-foot-last-week/▶ Medium-sized containerships to be built by 2028, supported by design, procurement, equipment, and strategic technology investmentHD Hyundai launched a strategic shipbuilding collaboration in the United States, signing with U.S.-based Edison…
https://www.marinelink.com/news/hd-hyundai-eco-joins-forces-us-527157
https://www.marinelink.com/news/hd-hyundai-eco-joins-forces-us-527157Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country."We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields…
https://www.marinelink.com/news/russia-looks-myanmar-offshore-oil-gas-527138
https://www.marinelink.com/news/russia-looks-myanmar-offshore-oil-gas-527138Libya's internationally recognised government of national unity has objected to Greece's approval of an international tender for hydrocarbon exploration off the island of Crete, saying some of the blocks infringe upon its own maritime zones.The…
https://www.marinelink.com/news/libya-blocks-greek-tender-hydrocarbon-527139
https://www.marinelink.com/news/libya-blocks-greek-tender-hydrocarbon-527139The Dutch city of The Hague will host the NATO summit next week, with tight security in place as it welcomes around 6,000 delegates and world leaders from 32 countries, including U.S. President Donald Trump, French President Emmanuel Macron, and U.K.
https://www.marinelink.com/news/frigates-deployed-dutch-navy-nato-summit-527140
https://www.marinelink.com/news/frigates-deployed-dutch-navy-nato-summit-527140The 110th session of the Maritime Safety Committee takes place from June 18-27. IMO Secretary-General Arsenio Dominguez opened the meeting by highlighting recent maritime casualties as a stark reminder of IMO's role in ensuring safety, security…
https://www.marinelink.com/news/imo-th-maritime-safety-committee-session-527142
https://www.marinelink.com/news/imo-th-maritime-safety-committee-session-527142“Every owner’s playbook needs to keep a line of sight on three things—regulation, technology readiness timelines and boundary conditions – and must include the elements needed for a short-, mid- and long game such as energy retrofits, electrification…
https://www.marinelink.com/news/abs-leadership-shares-strategy-greek-527144
https://www.marinelink.com/news/abs-leadership-shares-strategy-greek-527144TOTE Group announced the expansion of its leadership team. Alex Hofeling, currently President of TOTE Maritime Alaska, is being promoted to the new role of Chief Commercial Officer (CCO). With this transition, Bill Crawford, who served as Vice President of Commercial…
https://www.marinelink.com/news/tote-promotes-hofeling-crawford-527145
https://www.marinelink.com/news/tote-promotes-hofeling-crawford-527145