Maersk To Launch SBA Ropes That Improves Vessel Mooring Safety
Maersk to begin implementation of an innovation called Snap Back Arrestor (SBA) ropes.
SBA ropes will be used on the mooring lines used...
DNV GL Approves Re-Fire Fuel Cells for Maritime Use
DNV GL has granted an AiP for a concept of maritime Re-Fire fuel cell application.
It is jointly developed by electric mobility solutions...
Shipping Giant Enters Guilty Plea for Running Criminal Cartel
Wallenius Wilhelmsen Ocean AS has entered a guilty plea in the Federal Court to the criminal cartel.
CDPP charged WWO with cartel conduct...
COVID19 Hit Carnival Posts Largest Loss in 25 years
Carnival Corp reported a record $4.4 billion in quarterly losses.
COVID-19 pandemic has crippled the world’s biggest cruise operator and forced it to...
Wärtsilä Sets the Seal on Mauritius Cargo Reliability
Marine technology company Wartsila has received an order to supply Wartsila solutions for new 8,200dwt multi-purpose cargo vessel.
The company said that the...
August Cargo Cancellations at US LNG Terminals
More than 40 loadings said nixed in latest tally.
Improving economics could spur fall rebound.
The total suggests weak demand will persist through...
2020 Second Quarter Looks Favourable, Says Maersk Updating Its Q2 Expectations
In a major development, A.P. Møller - Mærsk A/S (APMM) has announced that they are expecting an EBITDA before restructuring and integrating costs for...
Carriers Capitalize on Blank Sailings As Spot Rates Give Peak Season Hope
According to a LoadStar article by Mike Wackett, Container freight rates between Asia and Europe are holding firm, thanks to a demand spike and...
Maersk Announces Cargo Misdeclaration Fee To Handle Mismatches
In a major development, Maersk has announced that they are introducing a special cargo misdeclaration fee of 500 USD from 1 July, 2020 due...
[Watch] COVID19 Antibiotic Overuse Sparks Drug Resistant Superbug Fear
Scientists fear a wave of drug-resistant diseases in the post covid19 world
COVID19 patients are getting secondary bacterial infections as they spend more...
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