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  1. U.S. and China Agree to ‘Phase One’ Trade Deal
    shanghai free trade zoneBy Shawn Donnan, Miao Han and Jenny Leonard (Bloomberg) –The U.S. and China said they agreed to the details of the first phase of a broader trade agreement in a move that will see the U.S. reduce tariffs, at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The […]
  2. MSC Defends Itself Against Report Claiming EU’s Biggest Polluter Status
    MSC GulsunMSC Mediterranean Shipping Company is defending itself against a report claiming the Swiss-based ocean carrier is one of the top carbon emitters in the EU.  The report, published this week by the non-governmental organization Transport & Environment, claims that in 2018 MSC was responsible for about 11 million metric tons of CO2 emissions, which would […]
  3. Lightering of Golden Ray Completed in St. Simons Sound
    golden ray salvageAll oil on board the overturned vehicle carrier Golden Ray has now been removed, the St. Simons Sound Incident Response Unified Command said Monday, a major milestone in the salvage of the vessel more than three months after its grounding, During the lightering operation, salvage workers and divers were able to gain access to 26 […]
  4. Shell Supply Deal to Boost CMA CGM’s Use of Low-Sulphur Biofuel
    cma cgm vasco de gamaPARIS, Dec 12 (Reuters) – Container shipping group CMA CGM is to increase its use of sustainable marine bio-fuel oil through a supply deal with Royal Dutch Shell, following a pilot scheme this year with furniture retailer IKEA. Shell is to supply CMA CGM with several tens of thousands of tonnes of fuel consisting of […]
  5. Pirates Release Three Tanker Crew Kidnapped Off Togo
    Elka Aristotle tankerATHENS, Dec 13 (Reuters) – Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel’s manager said on Friday. A fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added. It did not give details […]
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