Commodities trader Cargill and shipowner Maersk Tankers aim to build a joint Medium Range (MR) tanker pool with more vessels as they seek to cut emissions.'The strategic partnership will improve flexibility for customers and reduce fuel consumption and emissions…
The manager of specialized floating assets EXMAR Ship Management and ship management company Anglo Eastern Univan Group formed a joint venture (JV) dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners…
Hunter Tankers, a subsidiary of Norwegian investment company Hunter Group, has selected Tankers International Ltd as commercial manager for its fleet of very large crude carriers (VLCCs).According to Oslo-based company, Tankers International…
'Just-In-Time' (JIT) operations have the potential to cut the time ships spend idling outside ports and help reduce harmful emissions as well as save on fuel costs.According to International Maritime Organization (IMO), this can be achieved…
The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company…
Carnival Corp has implemented Sea Traffic Management (STM) into its fleet management and operations software to share voyage data with ports and other shipping companies. EU's STM Validation project has now been added to entire Carnival Corporation fleet…
The Wilhelmsen group recorded a $29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the previous quarter…
StormGeo and DNV GL signed an agreement to consolidate their fleet performance solutions under the StormGeo name, combining DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s FleetDSS and ship reporting solutions. The fleet performance centers…
