Shipowners will neeed to do more than simply tweak existing vessel designs and business models if they are to meet the International Maritime Organization's (IMO) ambitious target to reduce greenhouse gas (GHG) by 50%.

As the challenges mount for global shipping, there is a greater need for ever higher levels of efficiency. This was the premise for the setting up of the Port Call Optimisation Task Force, which was driven by calls from major shipping companies such as Maersk, MSC, CMA CGM and Shell for greater efficiency to help them plan their port and shipping operations better.

Seatrade Maritime News readers may remember the moans and groans of shipowners, at the time of OW’s final ascent to its watery grave, who implored, “Who should we pay? We have multiple folks asking us for money.”

Talk of regulation was never very far away at Posidonia last week with the 2020 sulphur cap dominating, along with the greenhouse gas (GHG) emissions question, and the Ballast Water Management Convention.

Come 2025 the switch to electric vehicles (EV) will start to impact the demand for gasoline, which will be bad news for shipping.

Lars Moller former chief of the Singapore OW Bunker subsidiary at the centre of the Danish company's spectacular collapse and bankruptcy in November 2014 has been sentenced to one and half years in jail.

Maersk Line and CMA CGM have joined Mediterranean Shipping Co (MSC) in announcing an emergency bunker surcharge to combat the impact of soaring bunker prices.

With characteristic candour and acute business acumen, Hong Kong’s latest efforts to revamp and revive its maritime industry actually look like they have a good chance of succeeding. However whether they work or not will depend on another key characteristic of the city – its democratic political process.

Who would run a stevedoring company these days? It was relatively simple, once – you organised a lot of labour and ordered up new barrows when the old ones got broken, or fell in the dock.

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