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5 days ago |
rivieramm.com | Edwin Lampert
Chinese fleet sanctions create market volatilityChinese-owned vessel capacity faces escalating exposure to US trade restrictions, with tariffs and fees on Chinese-owned and operated vessels scheduled to take effect from October 2025. Penalties increase progressively through June 2026, creating what was described as a ‘heavy cocktail’ of restrictions affecting substantial fleet capacity.
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6 days ago |
rivieramm.com | Edwin Lampert
"We’re not just reimagining our past; we’re engineering our future with the same bold vision that built the Titanic," said Belfast Harbour chief executive Joe O’Neill at this year’s annual BTA Conference.
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6 days ago |
rivieramm.com | Edwin Lampert
The Ship Recycling Transparency Initiative’s (SRTI) Giulio Venier, the University of Strathclyde’s Sefer Anil Gunbeyaz and the European Recyclers Industries Confederation’s (EURIC) Antonio Barredo fielded detailed enquiries about their proposals for carbon accounting and digital material passports in ship recycling.
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1 week ago |
rivieramm.com | Edwin Lampert
"There is other legislation in Europe that is not being applied to ship recycling, and we believe it should be," European Recyclers Industries Confederation’s (EURIC) Antonio Varedo explained.
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1 week ago |
rivieramm.com | Edwin Lampert
The 50-page guidance document fills a critical void in marine emergency response protocols during a period of fundamental transition in vessel design and propulsion technologies. "We’re fighting fires today with tactics and equipment designed for yesterday’s vessels," warned Boluda Towage Europe chief executive Geert Vandecappelle, highlighting the escalating crisis in car carrier fires. "You will not extinguish an electric car fire with water.
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1 week ago |
rivieramm.com | Edwin Lampert
Global sustainability advisor at Priya Blue Industries, Simon Bennett, categorically rejected the idea of adapting standards for shadow fleet vessels. "Should we accommodate varying recycling standards? No, no, no, no," Capt Bennett stated emphatically. "It’s a very poor solution to try and adapt to a rubbish situation. There’s no reason we need varying recycling standards."Capt Bennett argued for a clear regulatory delineation between maritime and waste management frameworks.
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1 week ago |
rivieramm.com | Edwin Lampert
Eastern Pacific Shipping (EPS) has retrofitted a bulk carrier and Suezmax tanker with autonomous navigation technology, marking further industry acceptance of AI-driven navigation The shipowner contracted Avikus to supply the equipment, marking the Korean firm’s first commercial installation outside its home market. The Singapore-based agreement covers deploying HiNAS Control and HiNAS Cloud systems, with full commissioning and crew training included.
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1 week ago |
rivieramm.com | Edwin Lampert
"The roles of seafarers may not have changed in decades, but the technology certainly has," declared the chief examiner at the Maritime and Coastguard Agency, Ajit Jacob, at this year’s British Tugowners Association Annual Conference in Belfast. The comprehensive overhaul targets restricted Certificates of Competency (COCs), creating seamless progression pathways. The fragmented qualifications previously limited career mobility.
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2 weeks ago |
rivieramm.com | Edwin Lampert
Best Oasis Ltd vice president of sales and purchase, Yiannis Kourkoulis, highlighted the critical awareness gap facing this substantial segment of the maritime industry just weeks before the HKC enters into force on 25 June. "The clock is ticking. We expect the enforcement of the Hong Kong Convention will make recycling vessels much safer and greener. But what have most people done to prepare? Owners with maybe three, four, five, even 10 vessels are considered small fleet owners.
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2 weeks ago |
rivieramm.com | Edwin Lampert
The ship recycling sector presents particularly complex challenges for lenders, with ABN AMRO sustainability expert Ann-Christin Stucke identifying several dilemmas that affect how banks implement ESG policies. Key among these is the verification of yard quality and compliance, where banks struggle to confirm certified facilities genuinely maintain their advertised standards.