Schenker To Be Part of CMA CGM Supply Chain?
According to a Loadstar report, Schenker the German rail operator has approached CMA CGM to be part of its supply chain.
The obvious question for most of my trade sources both in Europe and stateside...
JP Morgan Looks ‘Beyond Balance Sheets’, Opts for Clean Vessel Investments
In a major development, J.P. Morgan Asset Management is joining a chorus of global financiers saying that protecting the environment will be a key consideration for extending shipping loans, reports the Wall Street Journal.
Environmental...
The Newly Appointed IMO Goodwill Maritime Ambassador Is an Emirati Woman!
In a major development, the International Maritime Organization (IMO) has appointed Dr. Aisha Al Busmait, Director of Government Communications at the Federal Transport Authority – Land & Maritime, as IMO Goodwill Maritime Ambassador, says...
LNG Ship Order Increases As Shipping Looks for Long-term Fuel Solution
More than 170 LNG vessels are in operation and over 180 are in order as LNG orders boom
The ability of LNG propulsion to drive larger vessels with larger fuel demands is the...
American Oil Growing More Than Saudi Oil, Attracts Huge Investments
America's oil production is booming with a crude oil output on track to average 12.2 million barrels per day (BPD) this year, according to the U.S. Energy Information Agency (EIA). That's an increase of...
‘Lot at Stake in IMO Community’ Says Shipping Associations Ahead of 2020
Amid reports of a number of Asian countries mulling delaying the implementation of the global sulfur cap, due to come into force in just 104 days, a host of leading shipping associations have called...
Bunker Fuel Patents Would Fall Foul?
Steve Simms, Principal, Simms Showers LLP warns suppliers to be mindful of bunker fuel patents, says an article published in Ship&Bunker.
Patents on marine fuel recipes
The potential impact of bunker fuel patents has been raised...
Futuristic Passenger Ship E-navigation Revealed
E-navigation is the future for passenger ship voyage planning and execution with ECDIS in the centre linked to other sensors to improve situational awareness. Saga Cruises, DFDS and Carnival discuss their investments in e-navigation technology,...
Evergreen Confirms Newbuilding Project Worth $1.6 Billion
Evergreen has announced plans to build ten 23,000 TEU containerships valued between $1.4bn and $1.6bn.
In August, the company announced it scrapping plans and to charter up to 11 mega boxships.
It has...
Disabled Cargo Ship Towed To Safety
A towing company based in West Cork towed a disabled cargo ship to safety.
The cargo ship broke down in the mid-Atlantic ocean, around 600 nautical miles off the west coast.
There were...