Yearly Archives: 2020
The Maritime Sustainability Trends of 2021
Marine Environment Protection Committee (MEPC) annual meeting takes place to reduce carbon emissions and meet the target of 40% reduction in GHG by...
CMA CGM Starts SEAPRIORITY Express Service from China To US
CMA CGM is pleased to announce the launch of SEAPRIORITY Express (SEA-X) service.
Best-in-class transit from Yantian to Los Angeles in just 12 days, exclusive to...
A Mysterious Shipwreck Dates Back To 1800s
A mysterious shipwreck that may date back to the 1800s has emerged from the sands of a northern Florida beach.
Dune erosion caused...
Ship Exhaust Emissions are A Major Cause of Worry, Say Scientists
Emissions from ship exhausts can have a major impact on air pollution, weather and climate.
Until relatively recently these have been largely unregulated,...
Elon Musk’s SpaceX Halts Services Amid Beta Testing Plans
SpaceX will continue beta testing its satellite-based broadband service Starlink into next year indicating commercial service would not likely be offered in 2020 as...
Engineering Firm Fined $11m for Unfair Market Practices
Antitrust regulator has fined a French engineering company 12.5 billion won (US$11 million) for its unfair tie-in sales to South Korean shipbuilding clients.
...
66 Vessels, 5.7MT Coal, 1000 Seafarers Stranded by China Ban
The 5.7 million tons of coal is worth more than $500 million.
An estimated 1,000 seafarers are manning the bulk carriers.
A total...
CMA CGM Profitability Drives Up Amid Stronger Q3 Demand
CMA CGM has joined its liner peers in posting a huge profit for the third quarter of $567m.
Carryings on CMA CGM vessels...
Pacific International Lines Losses Double in 2020
Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of...
PTE Ltd Orders Three New LPG Carriers For Construction
Petredec Holdings (Eastern) PTE Ltd has announced the signing of a contract for the construction of 3+3 × 93,000 cbm LPG carriers at Jiangnan...