CMA CGM Faces Loss & Takes Up ‘Market Share Over Profit’
According to an article published in the LoadStar, CMA CGM has incurred a net loss of $109m in the second quarter, taking the French transport and logistics group to a first-half loss of $152m.
Ceva...
Maersk Launches New Customs Navigator for Greater Data Visibility
In a major development, Maersk North America has unveiled Maersk Customs Navigator as it looks to broaden its platform and improve user experience, says an article published in Port Technology.
Greater Data Visibility
According to a...
IMO Stresses on Safe Cargo Handling & Starts Training Course
The safety of ships carrying bulk cargoes depends on the proper implementation of the International Maritime Organization (IMO) rules - and for this training is crucial. Hence, a new IMO Model Course on Safe...
The Next Decade in LNG Calls for More Price Transparency & Sustainability
According to a Platts report, the trend towards LNG commoditization has gathered pace, fueled by significant additions of elastic supply and demand and growing liquidity in both physical and financial LNG markets.
Opportunity for LNG...
Idemitsu Plans To Start Supplying IMO-Compliant Bunker Fuel in October
Idemitsu is planning to increase residual cracking capacity at Chiba and the company plans to continue 1% sulfur A-fuel oil supply.
Idemitsu Kosan has also said it has been considering ways to cut...
Cruise Ship Collides With World War II Destroyer Floating Museum
According to an article published in Military and IBTimes, guests on a sightseeing tour got to see what happens when a cruise ship collides with another boat.
What happened?
A ship operated by Dutch Apple Cruises...
Voyage Simulation Influences Ship Propulsion Design
The standard procedure for optimizing propulsion power is to evaluate the hull performance using reference data from previous designs.
Also, Computational Fluid Dynamics (CFD) is used to optimize the hull form and validate...
Venezuela Can’t Find Vessels To Ship Oil As Sanctions Bite
At least one oil cargo was deferred to October on lack of ship and oil exports may fall in September as shipowners retreat.
Shipowners are avoiding transporting Venezuelan oil for fear of being...
IBIA – Platts Tie Up To Steer the Shipping Industry Through IMO 2020
According to an article published in PR Newswire, the International Bunker Industry Association (IBIA) and S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, have...
How ECA Can Help Ship Emission Deaths in China’s Pearl River Delta?
According to a Phys.org article, ship emissions caused more than 1,200 ozone-related and 2,500 particulate-related premature deaths in the Pearl River Delta region in 2015, says a new research in the AGU journal GeoHealth.
Coastal...