The European Community Shipowners’ Associations (ECSA) which represents European shipowners says the result of the G7 meeting last weekend offered no improvement, on the contrary, and express their “deepest concerns” about recent developments on global bilateral trade relations.
“European shipowners recall that open trade relations based on transparent rules and procedures are crucial for world trade and world economic growth and prosperity,” they said through a statement from ECSA.
“Any unilateral measures appearing to show benefits at the short term will in the longer term prove to be counterproductive for all.
“Imbalances in trade relations have to be taken care of by sound economic policy measures, not by taking short sighted measures not addressing real possibilities for improvements.
“European shipowners, while understanding the need for Europe to act if need be, call upon all stakeholders to take their responsibility and to make sure that world trade remains the driver for economic prosperity all over the world.”
Photo: G7Charlevoix
Published: 13 June, 2018
First interim dividend will be payable from Wednesday (2 December) at the KPMG offices at Hong Leong Building, reads notice in the Government Gazette.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
Both entered an agreement with BV to construct a 4,000 DWT IMO Type 2 Chemical and Oil Tanker which will be classed by BV; new tanker will join GET’s fleet by 2023.
Collaboration with Pertamina Patra Niaga to provide low sulphur 180 cSt fuel oil at Indonesia’s Sunda Strait will benefit country, says minister.
Advent will supply Laskaridis Shipping with its SereneU methanol-powered fuel cells for installation onboard selected dry bulk vessels.
MOL ENDOWMENT was refuelled with 992 mt of biofuel bunkers at Port of Singapore, on 21 December 2022; biofuel and its blends were dosed with a physical tracer.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
Headway will launch a new fuel supply system suitable for alternative bunker fuels such as hydrogen and ammonia; to focus on procurement and construction of carbon capture systems in 2023 following R&D.
Competition for FAME from aviation and road transportation sectors have resulted in some shipowners resorting to adopt more readily available CNSL blends as biofuel for vessels, explains Steve Bee.
