Greece is still by some way the largest shipowning country, but the gap is closing as China’s fleet expansion continues at a rapid rate as it overtakes Japan for the number two position.
A combination of the looming 2020 0.5% sulphur cap for marine fuel, and the more stretch goal of a 50% reduction in Greenhouse Gas (GHG) emissions by 2050 is producing a confusing, and potentially rather expensive, picture of what shipowners need to do for long term environmental compliance.
The shipowners and managers “should be very worried” over the consequences of the latest European Maritime Safety Agency (EMSA) audit of Philippines maritime training, warns Carl Schou, president and ceo of Wilhelmsen Ship Management.
It was a photograph of a small containership that took my attention. She is currently operating for one of the world’s biggest operators, but is 36 years old. This might appear strange, when container vessels twenty years younger are being laid up in some numbers, in the expectation that they are unlikely to trade again.
There has been a sharp upturn in the number of owners opting to fit scrubbers to newbuildings when ordering at Korean shipyards.
While Filipinos remain the seafarer of choice for their English language ability and ease to work with there are other factors that discouraging international shipowners from choosing them to crew their vessels.
The saga of the Philippines crewing industry and the European Maritime Safety Agency (EMSA) as to whether the country's maritime training is compliant with the Standards of Training, Certification, Training and Watchkeeping (STCW) Convention has now dragged on for an unbelievable 12 years.
Last week marked what was essentially the beginning of the end of the latest round of container shipping consolidation. Ocean Network Express (ONE) held its official launch reception in Singapore on Thursday, and day later all the conditions being meet for Cosco Shipping's acquisition of Orient Overseas International Ltd (OOIL), owners of Orient Overseas Container Line (OOCL).