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Daily Briefing 10 July, 2017

Cosco Shipping to take over OOIL for $6.3bn

The deal marks yet another major acquisition move in the liner shipping industry.
Asia Pacific China Hong Kong

Two-year delay for Ballast Water Management Convention

Some vessels could have up to September 2024 to install BWM systems
IMO Environment Political and Trade

IMO agrees framework for GHG emissions reduction strategy

MEPC fails to agree much of substance, opting for caution to enable future progress

IMO Environment Energy

IMO rejects transitional period for sulphur cap

Renewed data collection on fuel availability is also denied
Asia Pacific South America Brazil

Is China slowing down?

Lower iron ore volumes from Australia to China may signify emerging slowdown 
Dry Bulk Asia Pacific Australia

Petya attack will not stop shipping digital revolution, says Maersk Line

Danish carrier is ensuring all ports it works with can receive and release its containers, says Asia Pacific chief executive Robbert van Trooijen

Asia Pacific Containers Safety

BW places order for up to eight tankers with Daehan Shipbuilding

Deal comprises six firm tanker orders and options for two more
Tankers and Gas Shipbuilding BW firms

DSME on track to complete debt-equity swap next month

Move comes after Korean Supreme Court dismisses individual bondholder’s appeal to block debt restructuring

DSME Finance Shipbuilding

Fixing America's crumbling infrastructure

Investment is needed but it must be relevant
Ports and Logistics Containers North America

Insurance Day editor wins Scoop of the Year

Michael Faulkner wins award for story on the impact of US sanctions on Xchanging 

Tale of a tug

We are told ships controlled by artificial intelligence would be safer than ones operated by fallible human beings. Why should we believe this? 
Technology and Innovation Crewing Classification


Daily Briefing 10 July 2017






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