Maersk Shows Increased Operational Profitability in Third Quarter!
Maersk’s third quarter is characterised by improved profitability across the business. Earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to USD 1.7bn...
MSC Poaching Maersk’s Ex-COO Toft As CEO?
According to a Reuters report, shipping firm MSC has poached rival A.P. Moller-Mærsk’s former head of operations Soren Toft to become its new chief...
New Research Puts the Clock Back on Slow Steaming and Speed...
According to a new research report commissioned by campaign groups Seas At Risk and Transport and Environment, decreasing ship speeds could improve human health,...
The First Eastbound Volume Declined in 10 Years, Transpacific Hit by...
The lack of developments on negotiations between China and the US on tariffs is expected to contribute to the first full-year decline in volumes...
A 100 Barge Fleet Will Ship Clean Marine Fuel for Sinopec!
According to a Reuters report, China’s Sinopec Corp plans to build a fleet of 100 barges over the next three years to supply marine...
Cruise Giant Set To Sail Its First Quantum Ultra-Class Ship
According to a Ship Technology report, Royal Caribbean International’s first Quantum Ultra-Class ship Odyssey of the Seas is set to debut in Florida, US,...
Damen, Europoort Lay Keel for Unique Diving Bell Ship
Damen held the keel-laying ceremony for WSA KOBLENZ’S new diving bell ship, says an article published in their website.
Keel laying ceremony
The keel-laying ceremony has...
ICCT Findings That Created a Stir at IMO
The calls to limit ship’s power have suffered a setback in the tortuous week on shipping’s decarbonisation path at the headquarters of the International...
Euronav’s Anchored Supertanker To Become Asia’s Refuelling Hub
A Euronav NV-owned supertanker anchored along Asia's busiest shipping route is set to become a refuelling hub as the company seeks to secure cheaper...
Torm Postpone Some Scrubber Installations Until 2020 Due To Delays
Copenhagen-headquartered products tanker operator Torm, in its latest quarterly report, says it has decided to postpone some scrubber installations to the first and the...
[Watch]: Boeing 747 Sank for Underwater Theme Park
According to a video published in Safety4Sea website, Boeing 747, a 70-metre aircraft was submerged as part of an underwater theme park.
Disclaimer: This video...
IMO Sulphur Rules: Woodside and Australian Miners Buckle Up
Local LNG producer Woodside and Western Australia’s mining sector are getting ready for the introduction of new global limits on the sulphur content of...
Ship Technology Global: Latest Issue Covers Technology News and Industry Analysis
Ship Technology Global is back for another issue packed with technology news and industry analysis.
The latest issue explores the implications of recent oil tanker...
LNG Newbuilds Will be Outmoded To Meet Decarbonisation Targets, Says Livanos
Mr. Peter Livanos, the Gaslog chairman, warned that new LNG carriers will be obsolete by 2050 without new technologies owing to the imposition of...
Hydrogen Propulsion Prototype for Large Maritime Vessels Hits Trials
Norwegian shipbuilder Havyard, which won a Nkr104M (US$11.4M) technology development grant from the Norwegian Government in late 2018, has signed an agreement with separate...
Mark Frese To Takeover Nicolás Burr As CFO of Hapag-Lloyd
According to an article published in The Loadstar, Hapag-Lloyd has appointed Mark Frese to replace Nicolás Burr as its chief financial officer.
Mark Frese to...
Air Liquide and Sinopec Sign MoU To Accelerate Hydrogen Mobility Solutions...
Air Liquide and Sinopec have signed an MoU to contribute to the acceleration of the deployment of hydrogen mobility solutions in China.
The...
Wärtsilä Bags Major Ro-pax Engine and Scrubber Order
Wärtsilä has announced its portfolio of products, systems, and integrated solutions.
This enables the company to be a single-source provider for shipbuilding projects.
...
Fall of Disconnected Cargo Hose Caused Fatal Injury
The Hellenic Bureau for Marine Casualties Investigation has published the interim report as a part of its marine accident safety investigation regarding the fatal...
As Cargo Fires Worsen Misdeclaration Becomes First Line of Defence, Says...
Container fires may now be occurring on a weekly basis and in Gard’s experience most are associated with cargo misdeclaration. However just as with...
