Maersk, Cargill, Mitsui Join Forces To Accelerate GHG Reduction Efforts
In a major development, Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases...
More Than 2% Oil Price Fall As US-China Trade Negotiations Falter
According to a Reuters report, oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few...
Awake.AI Joins ONE SEA for Smarter Shipping
Industry alliance ONE SEA has signed up Awake.AI to its team to drive standards and pathways to facilitate autonomous shipping, reports The Maritime Executive.
Objective...
Weekly Maritime Security Report – Week 35, 2019
Protection Vessels International has released the 35th Weekly Maritime Security Report of 2019. The report summarized on 10th October 2019 highlights the various incidents...
AAL Adds Four Modern Vessels To Its Fleet!
According to an article published in Seatrade Maritime News, heavy-lift specialist AAL will expand its multipurpose fleet with the addition of four modern vessels.
New...
Prax Expands Its Bunker Barge Fleet Ahead of 2020
According to an Argus Media report, UK-based fuel supplier Prax has chartered a bunker barge for low-sulphur marine fuels in preparation for the new...
Maersk Surcharge Clarity: Shippers To Pay ‘Cost Recovery’ Only
In a major development, Maersk Line has announced that they will only charge for the “extra cost of compliance” as the carrier introduces new...
Minor Bulks To Fuel Dry Cargo Demand Growth in Future
Smaller geared dry bulk vessels are rejoicing, as Chinese iron ore imports reach peak levels.
Minor bulks are set to provide new demand...
KLine Commences Joint Research With Artificial Intelligence!
KLine will continue to promote the creation of new values by combining its own knowledge on shipping cultivated for the past 100 years.
...
Offshore Shipping Segment Boosts Optimarin Revenue
According to an article published in Offshore Engineering, Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is...