Port Automation: Friend or Foe?
Development of modern technology has ushered in a myriad of changes into the maritime industry. Introduction of complex navigation softwares aboard ships, giant remotely-operated… Read More
CMA CGM Turquoise Attacked, Two Crew Kidnapped
A containership chartered by the French shipping major CMA CGM has been attacked by pirates off Nigeria, who are reported to have kidnapped two crew members… Read More
Newbuilding Orderbook Takes a Nosedive in Q1
The first quarter of 2016 was hit by a major decline in ordering newbuilds with only 77 new ships ordered by the end of March 2016, Clarksons data shows… Read More
CMA CGM Compromising to Get EU’s Nod on NOL Takeover
French liner giant CMA CGM submitted on Thursday a filing to the European Commission that is said to contain concessions expected to ensure the antitrust approval of… Read More
Dry Bulk Rate Recovery Short-Lived?
Shipping rates for vessels transporting commodities such as coal, iron ore and grains racked up impressive gains in the first quarter of 2016 after hitting record lows, but… Read More
World Maritime News Staff