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Tropical storm Ida, which made landfall in Louisiana as a Category 4 hurricane Sunday, has shuttered ports, halted rail operations and could have long-term effects on manufacturing and supplies in the region.
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At a time when geopolitical factors are exerting new and complex influences on energy markets, the World Energy Outlook 2018 published by the International Energy Agency (IEA) states that government policy will be critical to the future shape of the energy sector.
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The United States is set to take over the throne as the world’s largest oil producer in the next five years, overpowering OPEC countries.
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The ILWU Canada has served notice under the Canadian Labor Code that it plans to strike at the country’s West Coast ports starting on July 1 as the next step in its aggressive approach to contract negotiations. Even before the contract’s expiration on March 31, the ILWU Canada had moved to push the negotiations process forward saying, unlike its U.S. counterparts, it was not prepared to have the negotiations drag on for an extended period.
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In a landslide vote, over 99% of ILWU Canada union workers critical for West Coast port operations, including in Vancouver and Prince Rupert, voted in favor of supporting a strike. If a strike occurs, a 72-hour strike notice would be filed before June 21. The earliest possible strike date would be June 24.
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The shipping industry is counting down to the January 1, 2020, sulfur cap, and key regulatory changes to support it are already entering into force. Together with other IMO requirements taking effect this year, they pave the way for cleaner shipping operations globally.
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The Directors of five regional Maritime Technology Cooperation Centres signed a Memorandum of Understanding to establish the network with centers in Africa, Asia, the Caribbean, Latin America and the Pacific.
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The International Maritime Organization (IMO) is standing its ground on the enforcement of the 2020 sulfur cap, which means that as of January 1, 2020, ships will be banned from burning any marine fuel with a sulfur content above 0.5 pct.
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The IMO has officially commenced work to look into how safe, secure and environmentally sound Maritime Autonomous Surface Ships (MASS) operations may be addressed in IMO instruments.
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