CMA CGM plans to sell a piece of Ceva as it faces limited liquidity options.
The French carrier’s reported core ebit of €1.13bn ($1.28bn) was overshadowed by its annual debt interest bill of €1.39bn.
Current bond prices would...
Massimo Roccasecca was behind Europe’s first ‘coronavirus wall’ in northern Italy.
He is the group cargo director for four airports – Venice, Verona, Brescia, and Treviso.
Northern Italian airports have seen an 80% drop in passenger numbers.
The...
Gasum has secured a contract to bunker LNG as a fuel for two new dual-fuel powered crude shuttle tankers under a long-term charter to Equinor.
Eagle Blane and Eagle Balder will serve Equinor on long-term charter for operations...
Carnival Cruise Line’s Mardi Gras is powered by LNG.
Cruise and cargo shipping companies are increasingly switching to the super-chilled fuel.
Carnival has 11 vessels running on LNG, including AIDANova, the world’s first LNG-powered cruise ship.
ICCT team...
Recently, the LoadStar's Alessandro Pasetti asked Dan Gardner, president of Los-Angeles based Trade Facilitators, to expand on some of the very pertinent topics that he nailed down in a white paper headed “The Novel Coronavirus: China’s ‘Standing 8-Count'”, with...
After enjoying a phenomenal run in 2019, shipping stock trading ranges have collapsed and our portfolios have been bloodied.
The Coronavirus continues to ravage the markets. Just as we were getting positive momentum out of China- new virus...
Shipping’s environmental footprint has doubled in the last decade.
Sustainability is increasingly coloring the perceptions of the industry and has a major impact.
Clients are investing in wind-assisted propulsion or improving their energy management systems.
The number of...
Renewed concerns over the health of the global economy spurred on by fears over the rapid spread of the corona virus in China that have shaken the market, compounding fears that this could affect demand.
Freight rates for...
Is the pioneering spirit in the shipping industry seems dying? Questions Malcolm Latarche in his article for Ship Insight.
Here's an excerpt from that article.
Industry is regulation driven
The views expressed by speakers and audience during last week's ShipInsight Conference showed...
While self-driving cars have hogged the headlines for the past few years, other forms of autonomous transport are gaining steam. This month, IBM and Promare — a U.K.-based marine research and exploration charity — will trial a prototype of an artificial intelligence (AI)-powered maritime navigation system...
