Green Marine
Maersk, MSC, CMA CGM, Hapag-Lloyd and ONE to Form Liner Association
The association is set to start operating from early 2019.
BOA Management Readies to Lift Norwegian Sinking Frigate
The plan is to lift the vessel and transfer it to a semi-submersible barge.
CargoX’s Blockchain Platform Is Open for Business
CargoX launched the first open, neutral, and accessible blockchain platform in the shipping industry.
Toft: Ocean Speeds Will Go Down as Bunker Prices, Vessel Sizes Grow
Toft: Sailing speeds will decrease, as bunker prices continue to increase together with average vessel sizes.
Skou: We Are Not Planning Any Acquisitions in Ocean Space in 2019
Maersk doesn’t see a strong need to pursue mergers and acquisitions.
Increased Bunker Cost Widens HMM’s Loss
Hyundai Merchant Marine widened its loss in the third quarter of 2018 as bunker cost climbed up.
MPC Container Ships Joins Scrubber Ordering Wave
MPC Container Ships signed contracts to buy scrubbers for five ships, with options for up to 50 more vessels.
JFE Engineering Corp. Gets USCG BWMS Type Approval
Japan-based JFE Engineering Corporation has obtained the USCG type approval for its BWMS.
Maersk Supply Unlikely to Be Sold by Year End
Maersk doesn’t expect to finalize the sale if its Maersk Supply business by the end of 2018.
ABB Signs Marine Automation Deal in China
ABB has won its first marine automation system contract for a cruise ferry in China.
Asia Steps Up the Fight for Fair Treatment of Seafarers
Asia’s leading seafaring nations have greed Guidelines on the Fair Treatment of Seafarers.
Team Tankers Reports Q3 Loss
After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.
Avenir LNG Finalizes USD 110 Mn Private Placement
Avenir LNG collected USD 110 million through a private placement as a first step in its capitalisation.
Novatek Ships 1st LNG to CNOOC
Russian gas producer PAO Novatek expands its customer base in China.