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The global trade association is conducting an energy efficiency data survey among its members to ensure that existing ferries can comply with the short-term GHG measures agreed in principle at last week’s Marine Environment Protection Committee (MEPC 75) meeting.

Hapag-Lloyd, CMA CGM, MSC and Kuehne+Nagel are supporting Team Malizia in the Vendée Globe 2020 yacht racing regatta to show their commitment to marine protection and sustainable shipping.

Ocean freight rate benchmarking company Xeneta says that the top container lines ‘are continuing to weather the pandemic storm’, with rates climbing over 1.9% in November, following a 1.3% gain last month.

Authors of a study published by the International Council on Clean Transportation (ICCT) say the International Maritime Organization (IMO) should consider prohibiting the use of scrubbers on newbuild ships and phasing out scrubbers on existing ships.

The new terminal – the fifth at Southampton – will feature roof-mounted solar power and have shore power connectivity, allowing cruise ships to plug into electricity while at berth.

GTT says it will challenge the decision of the Korea Fair Trade Commission (KFTC) that some of the company’s commercial practices in relation to the construction of LNG carriers at Korean shipyards have not complied with the country’s competition regulations since 2016.

BIMCO has announced that will be opening a new office in London earlier next year.

Finnish project development company Flexens Oy Ab is set to complete a feasibility study on a project aimed at implementing green hydrogen production and use as a fuel for ferries in the Åland archipelago.

Accessed via its website, the company is providing information on LNG prices delivered onboard ‘in various quantities and ports’ and also offers indicative pricing on a weekly basis for Rotterdam, the North Sea, Baltic Sea, the Mediterranean and Singapore.

Commodity trading company Mercuria has announced it has closed a secured revolving credit facility of $1.7 billion in financing for its North American business.