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Cargill, Bunge lead Brazil grain shipments in 2019

Cargill was the largest exporter of soybean and corn from Brazil last year, with combined shipments totaling more than 17 million tonnes according to data released on Thursday by maritime agency Cargonave. Bunge also shipped almost 15 million tonnes of the two commodities. Brazil’s main soybean destination last year was China, with shipments totaling around […]

Fire on Cosco mega boxship

A fire erupted onboard Cosco’s 10,000 teu containership Cosco Pacific last weekend, causing the vessel to reroute. The cause of the fire has been identifies as he self-ignition of misreported lithium batteries. The fire started while the vessel was enroute to Nhava Sheva, India from Port Klang in Malaysia. The vessel had to change its […]

Carnival to launch four new cruise ships in 2020

Carnival Corporation is preparing to launch four new ships across four global brands in 2020. Longer term, they are planning to add a total of 16 new ships by 2025. The four new ships being added to their fleets this year are: the Iona for P&O Cruises UK; Enchanted Princess for Princess Cruises; Mardi Gras […]

JANUARY 10, 2020 – MV AFROS

the MV Afros is the world’s first wind-assisted dry bulk carrier which uses wind power to reduce net fuel consumption and lower exhaust emissions. GT: 36452 DWT: 63223 t Length: 199 m Breadth 32 m Year Built: 2018

Chamber of Shipping urges Canada to heed caution when outsourcing marine risk management

The Chamber of Shipping has released a blog post urging Canadian decision-makers to use caution when outsourcing marine risk management. Canada’s marine safety framework does not have a common national understanding of risk principles, risk tolerance, or application of risk mitigation measures and Canada currently has a complex multi-jurisdictional approach to marine safety. In the […]

Divestment of Ridley Terminals Inc. Closes

The Canada Development Investment Corporation has announced that the divestment of Ridley Terminals Inc. (RTI) has been completed. Based on an agreement reached in July 2019, Canada has now sold 90 per cent of its shares in RTI to a company owned by Riverstone Holdings and AMCI Group for $350 million. The remaining 10 per […]

Canadian emissions projections show progress towards climate target

The Government of Canada has released the annual greenhouse gas emissions projections. The analysis shows that in 2030, Canada’s emissions are projected to be 227 million tonnes (Mt) below what was projected in 2015. This is a historic level of emissions reductions. Policies and measures now in place, including those introduced in the last year, […]

US Coast Guard issues notice on 2020 minimum drug testing

The US Coast Guard issued a notice stating that the calendar year 2020 minimum drug testing rate for covered crew members will be 50%.  Read the full article here: https://www.govinfo.gov/content/pkg/FR-2019-12-27/pdf/2019-27896.pdf

Trump Administration extends COSCO tanker unit waiver

The Trump administration has renewed a waiver for companies to wind down transactions with the Dalian unit of COSCO, which it had imposed sanctions in September for allegedly transporting Iranian oil. The waiver, good until Feb. 4, 2020, allows activities and transactions “ordinarily incident and necessary to the maintenance or wind down of transactions” including […]