European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed…
Crowley Maritime Corp. on Saturday christened its Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí, which is among the first of its kind to be powered by liquefied natural gas (LNG).The Jones Act compliant vessel…
Verifavia, an emissions verification company for the transport sector (aviation and shipping), has announced major cooperation’s with two of the world’s largest ship managers, namely Wallem Ship Management in Hong Kong and Zeaborn Ship Management in Hamburg (a consolidation of E…
The Maritime & Coastguard Agency (MCA) is to increase its fees for the first time in over ten years – giving it the flexibility to invest further in the services it provides to the maritime sector.From November 13, 2018, the Maritime & Coastguard…
Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020…
A testbed was established for an Internet of Ships Open Platform (IoS-OP), and for the test NYK provided a next-generation onboard IoT platform that the company has been developing with MTI Co. Ltd., an NYK Group company, and Nippon Telegraph and Telephone Corporation (NTT)…
The European Parliament's draft report on the revision of the Directive on Reporting Formalities reaches out to shipping companies but does not succeed in addressing the serious administrative burdens on reporting requirements for ships.Danish…
French ocean carrier CMA CGM and Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025.As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22…
Damen Shipyards Group has signed a contract with Abu Dhabi Ports and its subsidiary Abu Dhabi Marine Services (Safeen) for the supply of two new Damen ASD Tugs 2411.The contract was signed by Captain Adil Ahmed Banihammad, the Acting Chief Marine Services Officer at Safeen…
KVH Videotel introduced a new training package, “Seafarers Mental Health and Wellbeing,” during the 5th Annual International Shipowning & Shipmanagement Summit in London, and announced that the package will be available free of charge throughout…
AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…
Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…
Ship owners accelerated installations of engine emissions cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent, according to a report…
The Aphrodite Leader, a pure car and truck carrier (PCTC), is the first vessel under Wallem Ship Management to come under the Japanese Flag.The Aphrodite Leader completed the various inspections, audits and surveys in accordance with the Japanese Flag requirements…
A CMA CGM containership plowed head-on into a pier at India's largest container port on Saturday, causing visible damage to the dock.The 336-meter, 10,000 TEU CMA CGM Mumbai reportedly lost steering while attempting to berth at the Jawaharlal Nehru Port…