A.P. Møller-Mærsk Issues Eurobonds

A.P. Møller-Mærsk made the most of cheap financing, issuing its first Eurobonds in three years.  The Danish shipping giant issued Eurobonds worth EUR600m due in November 2022 with a coupon of 1.5%. The transaction is...

Cruise Vessels Powered By ABB’s Azipod Propulsion

Electrical power plants and Azipod® XO fuel-saving electric propulsion systems will be supplied for Carnival Corporation´s two new cruise vessels by ABB, the leading power and automation technology group, for a repeat order worth...

Eco Wave Power Installs Generation Systems In Gibraltar

Eco Wave Power (EWP), an Israeli company, has developed a unique form of electricity generation using wave power.  The EWP system utilises existing land structures as the attachment point which simplifies the installation and...

Drones Replace Ropes in Oil Tank Inspection

Vehicle inspection of a cargo oil tank is tough.  It is usually conducted by rope access technicians who are suspended on ropes to inspect the tank structure, focusing on areas of high stress such...

Profitability of Container Shipping Hinges on Low Cost Bunker Fuel  

Bunker prices take a nosedive and the profit curve of containers looks North.  The continuous steep fall of bunker prices saved a lot of money for container shipping lines.  Drewry Maritime Research, has analysed...

[USCG Alert] Main Engine May Not Attain The Expected Speed When Using ULSFO.

Main Engine May Not Attain The Expected Speed When Using ULSFO. The US Coast Guard has revised its list of recommendations regarding MARPOL Annex VI emission regulations related to the use of Ultra Low...

The Russian Bunker Fuel Saga Continues.

Last Month, Viswa Lab had published a technical update on Problem Fuels Supplied in Russian Ports.  In order to update MFAME readers on this case, we have approached Viswa Lab to know more about...

Conjoined Twin Girls Separated

7-week-old Conjoined Twin Girls Separated Doctors at a Kentucky hospital performed an eight-hour surgery and separated conjoined twin girls. A 7-week-old twin girls who were born joined at the chest and abdominal cavity were separated after...

Viagara May Not Help You!

In 1998,  Viagra (sildenafil) came to the market and some men thought it was the long-awaited answer to their problems. Many rushed to doctor's offices to give it a try.  According to the Grey...

Doyne’s Commitment To Help Children In Nepal

Maggie Doyne was awarded CNN hero of the year 2015 for her commitment to help women and children in Nepal. Maggie Doyne, an American Philanthropist, was brought up in Mendham Borough, New Jersey.  In the...