Weekly Maritime Security Report – Week 38, 2019
Protection Vessels International has released the 38th Weekly Maritime Security Report of 2019. The report summarized on 6th November 2019 highlights the various incidents...
Maersk Chief Operating Officer Announce Departure, Company Looking for New COO
In a move that startled the world, the shipping giant Maersk announced the departure of their Chief Operating Officer,Søren Toft.
According to a press release...
Container Industry To Be the Biggest Losers As 2020 Hits, Says Analysts
On January 1, 2020, the International Maritime Organization (IMO) will impose new emissions standards designed to significantly curb pollution produced by the world’s ships....
Piraeus Port Busy With 11% Increased Repair Activities
Ship repair activity at Piraeus port increased by 11 percent and ships under repair in Ship Repair Zone increased by 7.4 percent compared to...
Pacific Gas Secures Fleet and Boosts Connectivity Via Fleet Xpress
Pacific Gas operates a fleet of large LPG and ethylene gas carriers and plans to expand this focus to include LNG tankers and...
Maersk Looking for Digital Freight Forwarders for Cold Chain Investments in Latin America
According to a LoadStar report, Maersk Line appears to be continuing its process of vertical consolidation, admitting it is on the hunt for forwarding...
90% Shipping Banks Likely To Follow Poseidon Principles, Says Global Shipping Chairman
According to a Safety4Sea, the recently-launched Poseidon Principles are a huge leap towards decarbonization, highlighting that all sectors, not only shipping, can take part...
Inmarsat’s Security Product Wins Safety at Sea Award 2019
Inmarsat, the world leader in global, mobile satellite communications has won the Safety at Sea Award 2019 for Best Security Product of the Year,...
BDI Declines Over Delayed Trade Agreement
According to an article published in Freight Investor Services, Baltic Dry Index (BDI) dropped by 7.63% on-day to 1,533 points over weak shipping fundamentals.
Decrease...
Maersk Doing A Giant Ship Batteries Trial To Gain Insight on Fuel Storage!
In a major development, Maersk has teamed with Trident Maritime Systems to create a 600 kWh container battery that can be placed on a...
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