Top News of the Week June 30th-July 4th
- Business & Finance
The World Shipping Council (WSC) estimates in its report on containers lost at sea that for the combined six year period from 2008 to 2013, there were 546 containers lost on average each year.
Shell is building the world’s first floating liquefied natural gas (FLNG) project which has the potential to revolutionise the way natural gas resources are developed.
New requirements under the International Convention for the Safety of Life at Sea (SOLAS) to require all ships to have plans and procedures to recover persons from the water are among a set of SOLAS amendments entering into force on 1 July 2014.
Preparations for the construction of a 24,000 teu containership, which is 5,000 teu bigger than the current largest vessel, are gearing up and could start in 2016, as forecast by Ocean Shipping Consultants (OSC).
The beginning of 2014 saw the global order-book continue the growth trend which started in 2013 after five successive years of decline, it was concluded during the annual general meeting of European Ships and Maritime Equipment Association (SEA Europe) held in Copenhagen, Denmark from 26-28 June.
World Maritime News Staff, July 6, 2014