Shipping
Disabled cargo ship off Borkum towed back to port
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A car carrier caught fire in its engine room shortly after departing Emden. The crew contained the blaze, and responders fully extinguished it without injuries or environmental damage. The vessel was safely towed back to Emden harbor.
Due to storm Elli, the AIDA Cruises ship Aidanova returned to Hamburg a day early. The vessel arrived at the Hamburg port early Friday morning, though it was originally scheduled for Saturday. Guests can remain on board until the trip officially ends on Saturday.
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Container shipping costs from South Korea to major economies, including the United States and the European Union (EU), increased from a month earlier in November, the Korea Customs Service said on Dec. 15. The average cost for a 40-foot container to the U.S. east coast and west coast rose 3.3 percent and 5.7 percent on-month to 5.37 million won ($3,635) and 5.34 million won, respectively. Rates to the EU gained 11.6 percent to 3.25 million won, while costs to China dipped 0.3 percent to 515,000 won.
The United Nations has delayed a vote on imposing the world's first global carbon tax on shipping emissions by one year, following opposition led by the United States and Saudi Arabia. The decision came during an International Maritime Organization session in London, where consensus could not be reached. The Trump administration hailed the postponement as a major victory against what it called an unconstitutional tax.