GE Scores By Making Maersk Former CFO As Its New Finance Chief
According to a Reuters report, the General Electric Co (GE.N) on Monday named finance head at shipper AP Moller-Maersk (MAERSKb.CO) as its new chief...
Marine Engine LPG Reformer Gets ClassNK Approval
Leading Classification Society ClassNK granted an Approval in Principle (AIP) to Osaka Gas for their joint project with Daihatsu Diesel on an LPG Reformer...
Baltic Index Records 4-1/2 Months High in Capesize Rates
According to an article published in Reuters, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, recorded...
ABB Enables Emissions-free Berthing for Corsica Linea Ferries
Using ABB's shore connection technology, three Corsica Linea ferries will cut emissions and noise pollution.
The ferries will use electricity for power at...
Alliances Becoming Obsolete As Carrier Vs Cargo Ratio Gets Imbalanced
According to an article published in Xeneta, with old-fashioned shipping terms such as ‘conference’ or ‘non-conference’ long consigned to a dustbin that contains full...
Operators Opt for Slow Steaming Amidst Anger at IMO’s Bureaucratic Dilemma
The IMO has decided on a goal-setting approach by member states to decarbonise shipping, rather than progress the proposals put forward by some members...
Revolutionary VIKING LifeCraft™ Approved by DMA
VIKING’s entire LifeCraft™ system has now obtained flag state approval as a novel life-saving appliance, says a press release published on their website.
LifeCraft™ system
The...
Chinese Seaborne Coal Deals Cancelled, Delayed Amid Import Curb
According to a recent Platts reports,Chinese buyers of seaborne thermal coal have been cancelling deals or trying to defer delivery cargoes to the end...
Dwindling Capesize Demand Pulls Baltic Index 44% Down
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped for a...
Infineum Reshapes Leadership To Face 2020 Challenges & Support Growth!
The responsibilities to the leadership team at Infineum will undergo a change effective 1 January 2020, says a press release published on their website.
Changes...
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