According to a Loadstar report, Schenker the German rail operator has approached CMA CGM to be part of its supply chain.
The obvious question for most of my trade sources both in Europe and stateside is: did CMA CGM buy...
In a major development, J.P. Morgan Asset Management is joining a chorus of global financiers saying that protecting the environment will be a key consideration for extending shipping loans, reports the Wall Street Journal.
Environmental Sustainability Holds The Key
“There is...
Steve Simms, Principal, Simms Showers LLP warns suppliers to be mindful of bunker fuel patents, says an article published in Ship&Bunker.
Patents on marine fuel recipes
The potential impact of bunker fuel patents has been raised once again, with Steve Simms,...
Evergreen has announced plans to build ten 23,000 TEU containerships valued between $1.4bn and $1.6bn.
In August, the company announced it scrapping plans and to charter up to 11 mega boxships.
It has an order book of 58...
World’s oldest and biggest travel companies Thomas Cook, has ceased operations stranding more than 600,000 vacationers who had booked through the company, reports CNN.
Efforts taken by UK Civil Aviation
Tim Johnson, policy director at the UK Civil Aviation Authority, told...
According to an article published in Riviera Maritime Media, LISW delegates say that Panamax container ship values have been rising for months but there is still time to secure a bargain.
Glimmer hope for investors
Speaking at the 12th Annual Capital...
Dubai Maritime City Authority is planning to host the UAE Maritime Week 2019 under the patronage of Crown Prince of Dubai and Chairman of the Executive Council.
It plans to establish the UAE’s leadership as a first-class maritime...
Corvus Energy has unveiled its second automated battery factory in Bergen, Norway.
The Corvus team in Vancouver developed the groundbreaking battery solution that accelerated the adoption of zero-emission and hybrid marine propulsion systems.
The factory comprises a robotized...
The Baltic Briefing has issued its latest dry bulk market report. The report dated 13th September 2019 deals with the market scenario of capesize vessels, panamax, supramax, ultramax and other vessels for the 37th week of this year.
Capesize
Overall it...
In a major development, Cargill and Maersk Tankers has announced a strategic partnership that will improve flexibility for customers and reduce fuel consumption and emissions, whilst having a positive impact on time-charter-equivalent earnings for partners, says an article published...