Labour MEP Daniel Attard has called on the European Commission to reconsider regulations that would impose the same standards on tugboat operators as on larger cargo ship operators. He emphasized the need to support small and medium-sized enterprises in the maritime industry by tailoring regulations to their specific circumstances.
Spot premiums for 380-cst high-sulphur marine fuel in Singapore have spiked, causing high refuelling costs for vessels. Delivery dates in early October are seeing premiums over $60 per metric ton, the highest in 2024. Despite easing benchmarks, bunkering premiums remain strong. Demand for high-sulphur fuel is steady, impacting prices in the region.
VoltSafe has launched a strategic equity crowdfunding campaign to accelerate growth and achieve licensing goals. CEO Trevor Burgess highlighted the opportunity for investors to drive commercialization of their marine shore power solution in 2025. With 99% of the target already raised, VoltSafe is set for rapid growth in the clean-tech sector.
Amnesty International is urging European ports to block a cargo ship, Kathrin, believed to be carrying explosives bound for Israel. The organization argues that allowing the vessel to transport these materials violates international regulations. With concerns raised by activists and the United Nations, the urgency to prevent the deadly cargo from reaching Israel is emphasized.
Typhoon Krathon is approaching Taiwan with forecasts of weakening before landfall. Heavy rain and 101 km/h winds are expected near Tainan and Kaohsiung. The stock market remains closed as the storm approaches. Evacuations and closures are ongoing with one fatality reported. Taiwan Semiconductor Manufacturing Co. has activated typhoon warnings but expects minimal impact.
The ILA has outlined demands necessary to resume negotiations with USMX following a deemed misleading offer. The first coastwide strike in decades impacts U.S. container imports and exports. Core issues include wage increases and protection against automation. The union stresses fair compensation, job security, and opposition to existing automation language.
A ro/ro ferry caught fire near Batam Island, Singapore. The fire started on the KMP Tandemand while anchored. The flames engulfed the wheelhouse. All 14 crew members were safely evacuated with no injuries. Good Samaritan vessels assisted with firefighting. The situation is under control, with ongoing assessment for safety.
Two vessels near Yemen’s Red Sea port of Hodeidah were damaged by missiles and a sea drone. The Panama-flagged tanker M/T Cordelia Moon and a Liberia-flagged bulker were hit, with the former sustaining damage on its port side tank. Houthi militants claimed responsibility. Crews are safe, and investigations are ongoing.
Samsung Heavy Industries (SHI) has received approval from Bureau Veritas (BV) for its Floating CO2 Storage Unit (FCSU) design. The FCSU features a unique free-form pressure tank design with Lattice Pressure Vessels for CO2 storage, offering a more space-efficient alternative to traditional cylindrical tank installations. This innovative design integrates the CO2 storage tanks directly into the hull of the unit.
The Bureau of Customs is cracking down on fuel smuggling by recommending charges against crew members of two fuel tankers caught illegally transferring fuel at Navotas Port. Prosecutors found grounds for criminal charges under the National Internal Revenue Code and TRAIN law. The BOC is committed to stopping fuel smugglers and illegal transfers.
The ILA has launched a strike at U.S. ports, alleging that ocean carriers are overcharging customers with rates as high as $30,000 per container. Xeneta data contradicts this claim, showing lower average spot rates. Chief Analyst Peter Sand criticized the ILA for misinformation, urging a diplomatic resolution to avoid economic damage and supply chain disruption.
A barge broke free on the Tennessee River due to Hurricane Helene, prompting a warning from the U.S. Coast Guard. After successful recovery, mariners are advised to be cautious due to high water levels. The impact of the hurricane led to the barge becoming unmoored, emphasizing the need for vigilance while navigating the river.
The recent tragic death of a worker at Hanwha Ocean shipyard in South Korea has raised concerns about safety practices in the shipbuilding industry. The Ministry of Employment and Labor has issued a stop work order following the accident where a subcontractor fell from a container ship’s lashing bridge.
The IMO Marine Environment Protection Committee (MEPC) will convene its 82nd meeting from September 30 to October 4, 2024, in London. Discussions will focus on reducing greenhouse gas emissions, enhancing energy efficiency, managing ballast water, and combating underwater noise pollution. Secretary General Dominguez highlighted security concerns in the Red Sea.
A tragic explosion of a shuttle tanker at the Eastern Refinery in Chittagong, Bangladesh, resulted in the deaths of three crewmembers. The Coast Guard, Navy, and local resources responded to the fire, moving nearby vessels to safety. An inquiry team is investigating the incident, highlighting concerns about safety regulations enforcement in the maritime industry.
