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EU Parliament asks for more...
European MEPs demand more targeted EU sanctions against Russia’s so-called ‘shadow fleet’, which provides a key financial lifeline for Moscow’s...

Somali pirates sentenced to 30...
Two Somali pirates were sentenced to 30 years in prison for hostage taking, terrorism, and firearms offenses, in connection...

Walking the walk for women...
Talking the talk on diversity and inclusion is good, but walking the walk will bring better rewards, writes Elpi Petraki, President...

Western Sanctions Hit Earnings of...
Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it...


Canadian Minister of Labour intervenes in port disputes...
posted on: Nov 18, 2024
Canadian Minister of Labour Steven MacKinnon on Tuesday moved to intervene in port labor disputes in Montreal, Vancouver and Quebec City by asking the Canada Industrial Relations Board (CIRB) to order an end to work stoppages and impose binding arbitration. “As the economic losses threaten the country and begin to mount, it is up to the government to ensure that … we can get on with the economic life of this country and avoid layoffs and other carnage,” Reuters reports MacKinnon as telling a press conference. “Canadians have a limited tolerance right now for economic self-harm.” The CIRB would take a few days to issue the relevant orders, MacKinnon said. In fact the agency acted speedily. At 4.35 p.m, the following day, the BC Marine Employers Association issued this statement: “This morning the Canada Industrial Relations Board issued an order directing the BCMEA and all its members to resume operations on...

Shipping decarbonization enhanced by book and claim registry...
posted on: Nov 18, 2024
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) announced the launching of Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey. The registry enables freight customers to receive transparent information about the savings they’ve obtained in a consistent, auditable format across multiple carriers. Katalist also sets strict criteria, ensuring every token booked on the registry corresponds to low-emission fuels used during a voyage. Katalist was designed in partnership with the Energy Web Foundation using experience gained from the development of a range of chain-of-custody models, including the Sustainable Aviation Fuel Registry (SAFc), and extensive knowledge of shipping decarbonization. Furthermore, over 25 organizations from across the maritime value chain have also contributed to the development and testing of the system and confirm the registry as a critical enabler within the shipping decarbonization ecosystem. Book and claim...

এলএনজি টার্মিনালের দরপত্র প্রক্রিয়া নিয়ে দ্বিধাদ্বন্দ্বে পেট্রোবাংলা...
posted on: Nov 17, 2024
শেয়ার বিজ ডেস্ক: সম্প্রতি অন্তর্বর্তীকালীন সরকারের বাতিল করা বেসরকারি খাতের দুটি এলএনজি টার্মিনাল নির্মাণের জন্য নতুন দরপত্র প্রক্রিয়া কীভাবে এগিয়ে নেয়া যায়, তা নিয়ে অনিশ্চয়তায় বাংলাদেশ তেল, গ্যাস ও খনিজ করপোরেশন-পেট্রোবাংলা।পেট্রোবাংলার কর্মকর্তারা জানান, প্রকল্প দুটির জন্য দরপত্র আহ্বান করার ক্ষেত্রে পাবলিক প্রকিউরমেন্ট রুলস (পিপিআর) ২০০৮ অনুসরণ করে হবে, নাকি বাস্তবায়নের জন্য পাবলিক-প্রাইভেট পার্টনারশিপ (পিপিপি) অফিসে পরামর্শ করা হবে; সে সম্পর্কেতারা স্পষ্ট নন। বাতিল হওয়া প্রকল্প দুটির মধ্যে একটি টার্মিনালের জন্য পেট্রোবাংলার সঙ্গে সামিট গ্রুপের সঙ্গে সমঝোতা স্মারক সই করা হয়েছিল। আর আরেকটি বিগত আওয়ামী লীগ সরকারের আমলে যুক্তরাষ্ট্রভিত্তিক অ্যাকসিলারেট এনার্জির সঙ্গে সমঝোতা স্মারক সই করা হয়েছিল।তবে অন্তর্বর্তীকালীন সরকারের বিদ্যুৎ, জ্বালানি ও খনিজসম্পদ মন্ত্রণালয়ের উপদেষ্টা দায়িত্ব নেয়ার পর পেট্রোবাংলাকে প্রকল্প দুটি বাতিলের নির্দেশ দেন। ২০১০ সালের দ্রুত বিদ্যুৎ ও জ্বালানি সরবরাহ বৃদ্ধি (বিশেষ বিধান) আইনের আওতায় কোনো দরপত্র ছাড়াই বেসরকারি কোম্পানিকে এ চুক্তি দেয়া হয়। বাতিল হওয়া এই প্রকল্পগুলো মহেশখালীতে অবস্থিত। ২০১০ সালের একই বিশেষ বিধান আইনে বেসরকারি খাতে প্রতিষ্ঠিত...

‘বন্দরে পাকিস্তানের কার্গো জাহাজ আঞ্চলিক নীতির পরিবর্তনের প্রতিফলন...
posted on: Nov 17, 2024
পাকিস্তানের করাচি থেকে গতকাল একটি কার্গো জাহাজ চট্টগ্রাম বন্দরে ভিড়েছে, যা পাকিস্তান ও বাংলাদেশের মধ্যে সরাসরি সামুদ্রিক সংযোগের প্রথম উদাহরণ হিসেবে দেখা হচ্ছে। ১৪ নভেম্বর বৃহস্পতিবার বিষয়টি নিয়ে দ্য টাইমস অব ইন্ডিয়ার একটি প্রতিবেদনে বলা হয়, এটি ড. মুহাম্মদ ইউনুসের নেতৃত্বাধীন অন্তর্বর্তী সরকারের আঞ্চলিক নীতির পরিবর্তনের প্রতিফলন, কারণ তারা পাকিস্তানের সঙ্গে সম্পর্ক মজবুত করার চেষ্টা করছে। প্রতিবেদনে বলা হয়, এই দেশটিকে (পাকিস্তান) বাংলাদেশের অনেকেই ১৯৭১ সালের মুক্তিযুদ্ধের সময় ব্যাপক নৃশংসতার জন্য দায়ী বলে মনে করেন। জাহাজটি এমন সময় এসেছে যখন বাংলাদেশে রাজনৈতিকভাবে সংবেদনশীল পরিবেশ বিরাজ করছে। সরকার সম্প্রতি এমন কিছু পদক্ষেপ নিয়েছে যা সমর্থন ও বিরোধিতার সম্মুখীন। ওই প্রতিবেদনে আরও বলা হয়, এতে ১৯৭১ সালের যুদ্ধের প্রতীকগুলো সরানোর প্রচেষ্টা অন্তর্ভুক্ত রয়েছে, যার মধ্যে রয়েছে বাংলাদেশের প্রতিষ্ঠাতা রাষ্ট্রপতি শেখ মুজিবুর রহমানের প্রতিকৃতি সরানোর প্রচেষ্টাও। আগস্ট মাসে ১৫ বছরের শাসনের পর প্রধানমন্ত্রী শেখ হাসিনার সরকার উৎখাতের পর থেকে এই উদ্যোগগুলো নেয়া হয়েছে। তবে পাকিস্তানের হাই কমিশনার সৈয়দ আহমেদ মারুফ এই সামুদ্রিক...

UN Report Sounds Alarm on Global Maritime Security Gaps...
posted on: Nov 17, 2024
Mike Schuler A groundbreaking new report from the United Nations Institute for Disarmament Research (UNIDIR) is raising the alarm over a fragmented and insufficient approach to global maritime security, calling for urgent action to address growing vulnerabilities at sea. This comprehensive study, the first of its kind, exposes a widening array of threats in maritime zones worldwide, ranging from missile and drone proliferation to illicit arms trafficking and the protection of critical maritime infrastructure. It argues for tighter integration between maritime governance and international arms control frameworks to counter these emerging risks effectively. The report’s release is timely, coinciding with the adoption of the UN’s Pact for the Future, which emphasizes enhanced international cooperation to secure oceans. Notably, Action 22 of the Pact urges improved governance, environmental protection, and conflict prevention at sea—echoing the key themes in UNIDIR’s findings. A Looming Crisis on the High Seas UNIDIR identifies 20 critical challenges poised...

China Tried To Stifle India’s Growth With Export Restrictions. Indian Traders Found A Hack...
posted on: Nov 17, 2024
China has imposed export restrictions on essential minerals and machinery. In its latest attempt to curb India’s industrial growth, China had imposed export restrictions on essential minerals and machinery — from gallium and germanium, critical for solar power and semiconductors, to tunnel-boring machines (TBMs) used in infrastructure projects like metro construction. But while China has tried to strangle India’s supply chains, Indian importers have found an ingenious workaround: rerouting shipments through Dubai’s Jebel Ali port, effectively outsmarting Beijing’s restrictions. In August 2023, China imposed tight controls on the export of gallium and germanium to countries including India, the US, and Japan. These minerals are vital for India’s rapidly growing renewable energy sector, especially in the production of solar cells and modules. China, the world’s largest supplier, has now cut off access to these crucial resources, jeopardizing India’s ability to meet its solar power production targets. But instead of allowing...

Why an East India Company job changed this family’s name from Sankalia to Killavalla...
posted on: Nov 17, 2024
In a fluctuating, temperamental town, the English East India Company chose to anchor its factory in a house of ‘stone and excellent Timber….very strong, for that each Floor is half a Yard thick at least, of the best plastered Cement, which is very weighty’. The house had galleries, rooms for conferring, tanks, a hamam for washing, an open place for meals and a small chapel. Below stairs was a continual hurly-burly of banyans, ‘packers and warehouse-keepers, together with merchants bringing and receiving musters [samples], make a mere Billingsgate’. The lifestyle of the company president was said to resemble a Moghul Emperor or his representatives, such as the Surat governor. He dined off silver plates with trumpets ushering each course of the ‘choicest viands’ and moved about town on the shoulders of attendants in a palkhi emblazoned with the royal escutcheon, his council following in large coaches, drawn by stately...

Cargo Handling Specialist MacGregor Sold to Private Equity Firm...
posted on: Nov 17, 2024
MacGregor traces its origins to the 1920s, when two engineers and brothers Robert and Joseph MacGregor developed the first steel hatch cover to stop the unnecessary loss of North Sea coal ships. They would patent their invention in 1929 and later form a UK-based company to market hatch covers. Over the years the company has grown its cargo-handling expertise expanding to become a manufacturer of container-lashing equipment among other segments. Today, MacGregor serves a broad range of merchant ships ranging from cargo to passenger and Ro-Ro, as well as offshore and ports and terminals. It has a strong refurbishment business becoming involved in some of the most challenging vessel overhauls. It also is expanding with innovative services such as its recently launched digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions they can eliminate by upgrading their onboard container cargo system. “MacGregor stands out due...

BIMCO launches Ship Recycling Alliance to help fuel change...
posted on: Nov 15, 2024
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will co-ordinate the voices of the ship recycling industry and the shipping industry and help facilitate the global implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). The founding members of the alliance are BIMCO, the Bangladesh Ship Breakers and Recyclers Association (BSBRA), the Turkish Ship Recycling Industry Association (GEMISANDER), global cash buyer GMS, ship recycling services’ company Guideship, Pakistan Ship Breakers and Recyclers Association (PSBRA), the Ship Recycling Industries Association of India (SRIA), the International Ship Recycling Association (ISRA), global cash buyer Wirana and Indian ship recycling group, Bansal Group. In June 2025, the HKC will enter into force. This comes at a time when more than 15,000 ships are estimated to be recycled over the next 10 years and the need for compliant yards from main...

As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling...
posted on: Nov 15, 2024
BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound practices in the maritime sector. The initiative comes in anticipation of the upcoming enforcement of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). The primary objective of the Hong Kong Convention is to ensure that ships, when being recycled at the end of their operational lives, do not pose unnecessary risks to human health, safety, and the environment. The HKC takes a comprehensive “cradle to grave” approach, addressing all environmental and safety aspects of ship recycling. This includes the responsible management and disposal of associated waste in a safe and environmentally sound manner. The Convention also assigns specific responsibilities and obligations to various stakeholders, such as shipowners, shipbuilding yards, ship recycling facilities, flag States, port States, and recycling States. With the HKC set...

Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge...
posted on: Nov 15, 2024
By Weilun SoonNov 13, 2024 (Bloomberg) – After a dark-fleet ship exploded off the coast of Malaysia in May last year, its scorched wreck was sent to an Indonesian scrapyard. Then, last month, its transponder signal went live once again. Signals from the supposedly dismantled Pablo were received from the Gulf of Guinea in October, according to S&P Global Commodity Insights, analytics firm Kpler and maritime database Equasis. According to S&P, which first reported the incident last month, the data show that the vessel was conducting a ship-to-ship transfer of cargo with another tanker owned by US-sanctioned oil company Petroleos de Venezuela, or PDVSA. The Pablo’s reemergence is, at best, improbable. More likely, say shipping experts, the zombie appearance is due to a practice where transponder signals from scrapped ships are used by dark-fleet tankers seeking to camouflage their identities, locations and routes as they move sanctioned oil around the globe....

UCL & UMAS: Shipping emissions hit 2008 peak levels...
posted on: Nov 15, 2024
UCL & UMAS revealed on a report an increasing trend in international shipping emissions in stark contrast to IMO’s objectives to achieve absolute emission reductions of 20-30% by 2030, on 2008 emissions levels. The report, released on 13 November by UCL and UMAS shows rising GHG emissions and slowing carbon intensity reductions in international shipping between 2018 to 2022. The report study builds on the IMO’s Third and Fourth GHG Studies, of which both organisations are authors of, offering valuable insights into the sector’s response to global events and policy developments. Furthermore, it highlights the interplay of factors influencing emissions trends in the container, oil tanker, bulk carrier and cruise segment, responsible for approximately 70% of the shipping sector’s emissions. While some efficiency improvements are observed across various segments, the continued growth in transport work, despite the blip during the Covid-19 pandemic, necessitates further action to achieve ambitious emissions...