MacGregor, part of Cargotec, and Maersk Line, part of the Maersk Group, have agreed to cooperate on the development of the next generation of container securing systems. MacGregor, leading provider of cargo and load handling solutions, and…
WISTA UK, the Women in Shipping and Trade Association, isn't shy in hosting events that challenge its members to address the major issues affecting the shipping industry, and this was very much the case during the its most recent Forum. With the Paris hosting this week…
Globus Maritime reported loss in Q3 results amid depressed dry bulk rates though it remains cautiously optimistic on China’s economy and expects demand for dry bulk commodities to remain strong. Total comprehensive loss for the third quarter of the year 2015 amounted to $2…
Sembcorp Marine, one of the world's largest offshore drilling rig producers, expects to record a net loss for the fourth quarter ending December, due to the challenging operating environment and customers deferring or seeking to defer their rig orders…
Market-led solution reduces shipping’s carbon dioxide emissions. Ahead of COP21, 26 of the 35 charterers that include vessel efficiency in their supply chain selection have come forward to highlight their proactive measures on climate change…
The global shipping industry, represented at the United Nations Conference in Paris by the International Chamber of Shipping (ICS), fully supports a global deal on climate change. The shipping industry is committed to ambitious CO2 emissions reduction across the entire world merchant fleet…
Bureau of Safety and Environmental Enforcement staff from the Oil Spill Preparedness Division attended an international workshop last month that focused on how Arctic meteorological and oceanographic conditions can affect traditional oil spill response strategies…
France’s CMA CGM has approached banks to finance its potential takeover bid for Singapore’s Neptune Orient Lines Ltd (NOL), reports Bloomberg. The world’s No. 3 container shipping company is in talks with banks including BNP Paribas SA…
As the interconnector of global trade shipping facilitates every other part of the economy, and decision making around low-carbon pathways in other transport modes and industries will both influence and constrain decarbonisation in shipping…
The Cape Breton community is celebrating after the last scraps of a rusting shipwreck were finally hauled from the shores of Scatarie Island. Nova Scotia Lands has been overseeing the cleanup work removing the final remnants of the ill-fated MV Miner from Scatarie Island off Cape Breton…
Transparency Market Research launched its latest study on the global bunker fuel market, in terms of revenue and volume. The report predicts that the global bunker fuel market is likely to reach an estimated volume of 460 million tons by 2020…
Pirates operating off the coast of Nigeria have taken hostage five Polish sailors, including the captain and officers, from the Polish general cargo ship Szafir. The ship was headed to the port of Onne in Nigeria from Antwerp, when the armed pirates struck…
A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance. Vice Admiral Mohab Mamish, the Head of the SCA, formally approved the construction of a new 9…
Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only…
Corvus Energy, the industry leader in advanced lithium ion energy storage systems (ESS) for maritime hybrid and fully electric propulsion systems is announcing new product and service offerings: 1) Turn-key Containerized ESS and 2) an Array of Services…