IBM Spearheads Mayflower Autonomous Ship Project
IBM has joined an international effort to build an unmanned, fully autonomous transatlantic research vessel.
MAS will use IBM’s AI, servers, cloud, and...
Amidst Lowering Newbuild Orders Shipowners Return To the Dry Bulk Market
According to a market analysis by Nikos Roussanoglou, normal service has been resumed, as ship owners have returned to the S&P market, lowering their...
CMA CGM Follows Maersk Model, Launches Trade Finance Medium for Customers
According to a Splash 247 report, France’s CMA CGM is now offering trade finance to customers following Maersk's lead.
What is it?
The Marseille-headquartered line recently...
MSC Is Up for the World’s Biggest Ocean Carrier Crown!
According to an article published in the LoadStar, MSC is on course to overtake alliance partner Maersk as the biggest ocean carrier by capacity...
Inmarsat’s Fleet Data Secures Decisive Approval from Bureau Veritas
Inmarsat's Fleet Data has received decisive approval from Bureau Veritas.
It allows the Fleet Data to be installed safely onboard, without its operation...
Sea Commerce Hosts Seminar on Methanol As Marine Fuel
Sea Commerce is hosting commercial and technical seminars on methanol as a marine fuel in Brazil.
The seminars will be held on the...
Maersk 2019 Expectations Betters on 3rd Quarter Performance
Based on the financials for the third quarter and the updated outlook for freight rates, volumes and bunker fuel prices for the rest of...
Global Recession Warnings Dampening Trade Growth, Says BIMCO
According to a BIMCO market analysis, the global economic growth continues to slow with recession warnings sounding in many corners of the world, none...
Amidst Faltering Trade MSC Makes World’s Busiest Container Lane Move
The world's second-largest container shipping carrier by capacity, MSC orders five giant container ships from DSME for $762 million, reports The Wall Street Journal.
Tumbling...
Baltic Index Sag As Vessel Demand Dwindle
Waning demand across vessels drags Baltic index to over a 2-week low for a ninth straight session, reports Reuters.
Weaker vessel demand
The Baltic Exchange’s main...
