CMA CGM Revenue Increases from Volume Growth Inspite of Fuel Cost
Strong uptrend fo CMA CGM in second quarter
Officials say strategic partnership is the key
Plans acquisition of the Finnish business Containerships, to offer CMA CGM services in the intra-regional trades
Second event...
Start of Major UN Negotiation on Future Ocean Governance
The Future of Ocean Governance is up for a major change as the International Chamber of Shipping (ICS) representing shipowners have started a major negotiation at the UN, says a press release published on...
SembMarine to Retrofit 13 Maran Tankers with Scrubbers
SembMarine to install scrubbers in 13 vessels.
The scrubbers will be installed by Maran Tankers by 2019.
It involves retrofitting 4 Suezmax and 9 VLCC tankers.
With this announcement, SembMarine was trading flat...
Robot Boat Creates History! First to Sail Across the North Atlantic
Unmanned sail boats marks an historic Atlantic crossing
Stands second to a battery-powered underwater glider record in 2009
Proves integrity of the sailboat for unmanned ocean missions
Sell for about 150,000 euros ($175,000),...
British Airways Breach: How Did Hackers Get In?
British Airways (BA) has revealed that hackers managed to breach its website and app, stealing data from many thousands of customers in the process.
How was this possible?
Though BA has not revealed any technical details...
Bad Bunker Risk to Rise in 2020, Bunker Suppliers must be Accountable: BIMCO
BIMCO calls for more accountability from Bunker Suppliers.
Bunker states should be taking responsibility when their suppliers use contaminated fuel.
Low sulfur fuels for 2020 hasn’t been developed yet and suppliers aren’t sure...
Lack of Clear & Effective Communication Results In Near Grounding
Summary
On 12 February 2017, the fully-laden bulk carrier, Aquadiva, was departing Newcastle Harbour under the conduct of a harbour pilot. At about 2218 Australian Eastern Daylight Time (AEDT), during Aquadiva’s passage through a section...
Early LNG Adopter Praises Performance of ME-GI Engine
TOTE’s world-first, LNG-powered container ships prove the reliability of mature, dual-fuel technology.
Positive outlook
American shipping company, TOTE Maritime Puerto Rico, has got a very positive reports on its LNG-powered containerships: ‘Isla Bella’ and ‘Perla del Caribe’...
CMA CGM Price Cut Shocks Rival Box Carriers
CMA CGM has shocked the market by reducing Asia-North Europe FAK rates at a time when most carriers are trying to drive them up.
The French carrier published new FAK rates today of $1,000 for...
LNG Dual-fuelled Newcastlemax Granted AiP
The new LNG dual fuelled bulk carrier vessel belonging to the China’s Jiangnan Shipyard Group Co., Ltd has been granted an Approval in Principle (AiP) by Lloyd’s Register.
Dual fuelled design
The company prepared the design...